Substantial business operations definition
Substantial business operations means, inter alia, operations carried out by an entity incorporated in and licensed by a State Party to provide services, and shall be further developed through negotiations after adoption of this Protocol. The results of such
Substantial business operations. – means, inter alia, operations carried out by an entity incorporated in and licensed by a State Party to provide services, and as further defined in Annex 2 (Substantial Business Operations) - a juridical person of a non-State Party will be considered not to have substantial business operations if it does not possess a real and continuous link to the economy of a State Party or maintains negligible or no business operations in that State Party.
Substantial business operations. – means, inter alia, operations carried out by an entity incorporated in and licensed by a State Party to provide services, and shall be further developed through negotiations after adoption of this Protocol. Further defined in Annex 2 (Substantial Business Operations) - further to the definition of “substantial business operations” in Article 1 of the Protocol, a juridical person of a non-State Party will be considered not to have substantial business operations if it does not possess a real and continuous link to the economy of a State Party or maintains negligible or no business operations in that State Party.