Volume 50 I November 2024

Where Europeans & Americans Connect to do Business

NEWSLETTER

November 2024

PICTURE OF THE MONTH

EACC Florida was delighted to welcome Katherine Raemaekers, new Consul General of Belgium based in Atlanta, at the occasion of her first official visit to Miami. We look forward to deepening the relationship between EACC Florida, the Consul General and her team and hope to welcome her back to our Magic City very soon. Here with EACC Florida President Alan Sutin and Executive Director Christina Sleszynska.

UPCOMING EVENTS

MEMBERS & INVITATION ONLY

Transportation, Logistics & Customs Task Force Meeting


Customs & Tariffs: what to expect after the US elections?

Wednesday November 13, 2024 I 11.30AM - 2.00PM I Cozen O'Connor

If you are an active professional in these industries and understand the benefits of sharing best practices across industries ensuring that there is no silo thinking, this event is for you!


While there are entities and professional groups – federal, State and local – that serve the transportation, logistics & customs industries and their professionals to advance their interests, few if any have a transatlantic focus or specifically serve European companies and professionals from these industries present in Florida. And whereas specific know-how and expertise represent a competitive advantage for any company, the issues confronted by the sector are the same for all

Topic: Customs & Tariffs: what to expect after the US elections?


Expert: Mark LUDWIG, National Trade Services Leader at RSM US and a recognized expert in supply chain and international trade matters, such as customs valuation, trade agreements, classification, origin and preferential programs.


Registration: first come first served. Priority registration to Members.


Location: to be communicated to registered attendees only


Information

Meeting hosted by

Why a dedicated Task Force?


EACC Florida’s Task Force is loosely inspired from a similar Task Force run by EACC Auvergne-Rhone-Alps: https://eacc-ra.com/task-forces/.


Mission: to bring together active professionals who understand the benefits of sharing best practices across industries, ensuring that there is no silo thinking.


Role: to organize meetings on a regular basis to address strategic issues, share findings and best practices and make mutual recommendations for improvement in a given sector of activity. Chatham House rules or any other confidentiality rule might be used to allow for open exchange during the meetings.


Task Force Members: representatives of EACC Florida Member companies with interests in the transportation/logistics industry invited to serve on the Task Force.


Many thanks to Task Force Members for their support!

BUSINESS NETWORKING

Beaujolais Nouveau Day

21 November 2024 I 5.00PM - 7.00PM I Cozen O'Connor


Join EACC Florida Members and Friends and Cozen O’Connor for EACC Florida’s First Beaujolais Nouveau Day Business Mixer!


Get a taste and learn about the Beaujolais Nouveau 2024, meet and mingle over tasty bites with EACC Florida’s leadership and members, and learn about the advantages and benefits of becoming a member organization!


Members & Friends are welcome !

REGISTER

MEMBER & PARTNER EVENTS

November 11-14

Connect with BRIDDGE at MEDICA 2024. If you are planning to attend MEDICA, are considering expanding into the EU and need a local partner, visit Briddge (an EACC Florida Member) at the fair and/or connect with them in the US or The Netherlands. Details here

November 12

10.45AM-11.15AM

ONLINE I Meet Scottish Businesses during their Virtual Visit to Miami. EACC Florida has been invited to address the group. EACC Florida Members are invited to meet them during the Networking Session. Details here.

November 22

Public Innovation Challenge I Enhancing Transportation Visibility Across Miami-Dade County. Miami-Dade Innovation Authority (“MDIA”) seeks early-to-growth stage startup companies with innovative solutions that can enhance Transportation Visibility. Companies in Europe are welcome to apply. The deadline for applications is Nov 22. Details here.

December 4 10.00AM-11.00AM

WEBINAR I Expanding your Business into Europe or the United States? Join EACC for a Deep Dive into what is driving or hampering – transatlantic investment decisions by mid-sized companies. Details here

CALENDAR OF EVENTS

What You Missed

Why Florida? Series

Tech in Logistics Companies from the UK

Click the pic to read more

On October 23-25, 2024, the UK Department for Business and Trade (DBT) based in Atlanta led a delegation of UK tech in logistics companies and start-ups to Miami with the objective of connecting them to relevant stakeholders and buyers in Miami.


EACC Florida was delighted to hold a “Why Florida? What Business Leaders Need to Know When Considering Expanding into the US” seminar hosted by Greenberg Traurig followed by a Networking Reception. Panelists included Bénédicte Boutrouille (Fakhoury Global Immigration), Daniel Diaz (NOVUS Ink Advisors), John Owens (Greenberg Traurig), Peter Stratos (Kaufman Rossin) and Moderator Alan Sutin (Greenberg Traurig).


Event hosted by

TRANSATLANTIC NEWS

EU I European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025. Read more


EU I Cooperation on Screening of Foreign Direct Investments Strengthens EU Security. Read more.


EU I Enforcement of trade policy delivers prosperity and growth for EU companies. Read more


EU I ECB Working Paper Series: Asymmetric monetary policy spillovers: the role of supply chains, credit networks and fear of floating. Read more.

U.S. I Treasury Issues Final Rule Expanding CFIUS Coverage of Real Estate Transactions Around More Than 60 Military Installations. . Read more.


U.S. I Outbound Investment Regulations to Take Effect on January 2, 2025. Read more.


EU-CAN I EU Adopts First ever Mutual Recognition Agreement for Professional Qualifications. Read more


US-POL I Readout of the U.S.-Poland Economic and Commercial Dialogue. Read more.

MORE TRANSATLANTIC NEWS
Thought Leadership
MEMBER and PARTNER INSIGHTS

EIB Global and the European American Chamber of Commerce New York establish the Transatlantic Resilient Infrastructure Alliance in collaboration with the United States DFC and EXIM Bank. The European Investment Bank (EIB) and the European American Chamber of Commerce New York (EACCNY) signed a Memorandum of Understanding to establish the Transatlantic Resilient Infrastructure Alliance, a platform for engaging with the private sector to boost infrastructure financing in low- and middle-income countries. Read more.


Compliments EACCNY


What To Know About New Employment Laws In Fla. As part of the 2024 Florida legislative session, lawmakers passed, and Gov. Ron DeSantis signed, a wide array of new state laws that went into effect on July 1. In light of these changes, it's important that companies review their employee rosters to ensure compliance with both state and federal laws. Read more.


Renunciation of U.S. Citizenship: Understanding the Consequences and Benefits. According to the U.S. Treasury Department, every year a significant number of Americans renounce their U.S. citizenship. The reasons vary, and often include a stronger allegiance to another country, family dynamics, or the complexities of U.S. tax and financial regulations for citizens living abroad. Renouncing U.S. citizenship is a major decision with far-reaching consequences. Read more.


Compliments Greenberg Traurig


All Geopolitics Are Local. The presidential election will be decided on domestic issues, but Vice President Harris and former President Trump are still touting their foreign policy platforms as they seek to woo voters. In America, the two parties are divided on whether to join the electric vehicle transition but are united against Chinese imports. In the European Union, the situation is exactly reversed. Former President Trump, Vice President Harris, and members of Congress have proposed no shortage of new tax benefits as they seek to curry favor with voters, but revenue offsets are in far shorter supply. Read more.


Corporate Transparency Act Compliance. The federal Corporate Transparency Act (CTA) requires disclosure of information about all corporations, limited liability companies and limited partnerships (unless exempt), and personal information about their beneficial owners as well as personal information about the persons who form those entities. This requirement became effective on January 1, 2024, for all such entities unless otherwise exempt by the regulation. Read more.


Compliments Cozen O'Connor


Uncovering the complexities and opportunities of qualified small business stock. Qualified Small Business Stock (QSBS) is a powerful but complex tax incentive that can offer significant benefits to small business investors. While it presents attractive tax-saving opportunities, QSBS also comes with stringent requirements and potential risks. This overview explores the advantages and challenges, emphasizing the importance of professional guidance in navigating this area of tax law. Read more.


Compliments Kaufman Rossin


The stony road to de-fragmentation of EU Foreign Direct Investment Control (FDI). On 9 September, Mario Draghi published a report on ‘The Future of European Competitiveness’ highlighting the need for the EU to strengthen its Investment Screening Mechanism. The report finds that “[t]his fragmentation prevents the EU from leveraging its collective power in FDI negotiations and complicates the formulation of a common FDI policy.” Indeed, EU foreign direct investment screening focuses on individual investments at the national level. But are European Governments ripe to shift competencies and “de-fragmentize”? Read more.


Compliments Squire Patton Boggs


NEW MEMBER SPOTLIGHT

Welcome to New Corporate Member Objectif USA


EACC Florida is delighted to welcome new Corporate Member Objectif USA – our first Member Company in Orlando.In their own words:


Objectif USA specializes in supporting European businesses as they expand into the U.S. market. As a licensed business brokerage agency, we provide comprehensive services, from strategic market entry guidance to handling administrative requirements, visas, and business transactions, ensuring a solid foundation for success in the United States.



https://objectif-usa.com

NOW is the Perfect Time to Join!

Recommend EACC Florida to a Client or Business Partner

EACC is a Connector
We open doors for our members across our chapter network on both sides of the Atlantic and we keep you informed on the relevant issues affecting your business.
 
Members of the EACC network enjoy:
  Access to our network of high-level business executives & our unique referral service
  Invitations to exclusive seminars & a direct exchange with transatlantic experts
  Visibility for your organization & opportunities to showcase your thought-leadership
  The ability to make a difference & actively engage in the Trans-Atlantic business dialogue


Meet the EACC Network

Our Members are Part of Something Bigger


Together with its sister chapters, EACC Florida is part of a growing and highly dynamic transatlantic network reaching over 10,000 executives in the US and across Europe. With over 750 members, the EACC is a valuable resource for any size business. If you would like to get involved, let us know. 
Founding Members / President's Circle
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