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#1 Posted : Thursday, June 14, 2018 12:31:30 AM(UTC)

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BRUSSELS Womens Jabrill Peppers Jersey , June 20 (Xinhua) -- The European Commission on Tuesday said in a latest report that innovation performance of the European Union (EU) has improved last year, but more progress is needed.

According to the annual European Innovation Scoreboard (EIS), Denmark, Finland, Germany, the Netherlands Rashard Higgins Jersey , and Sweden are innovation leaders who perform 20 percent or more above the EU average.

At the same time, Austria, Belgium, France, Ireland, Luxembourg Trevon Coley Jersey , and Slovenia are strong innovators who are above or close to the EU average.

The EIS shows that innovation performance has improved most in the areas of international co-publications, broadband penetration, the number of university graduates and doctorates, and Information Communications Technology (ICT) training.

It is predicted by the report that over the next two years, innovation performance is expected to increase by 2 percent.

However, venture capital investments and the share of Small and Medium Enterprises introducing innovations have been in strong decline Randall Telfer Jersey , says the report.

The EIS provides a comparative assessment of research and innovation performance and the relative strengths and weaknesses of national research and innovation systems.

It allows policy-makers to assess relative strengths and weaknesses, track progress, and identify priority areas to boost innovation performance.

It covers the EU member states as well as Iceland, Macedonia Israel, Norway, Serbia Seth DeValve Jersey , Switzerland, Turkey, and Ukraine. It also rates Australia, Brazil, Canada, China JC Tretter Jersey , India, Japan, Russia, South Africa, South Korea, and the United States.

The report points out that China showed the fastest progress among international competitors.

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Forming a Limited Liability Company (llc)

Author: Rudradatta Rath

A limited liability company (LLC) is a legal business structure that separates as well as protects a business and its personal assets from those of the owners of the company. Forming a limited liability company is easy compared to other legal entities for business because of minimum paper work.

In case of limited liability companies share holders are not responsible for company debts. During the requisite time the directors may guarantee loans or credit settled to the company.

Paper process for limited liability company formation (LLC):

Before forming or set up a limited company it is essential to be registered with companies house. Find few of the requirements for limited liability companies:

1) Memorandum of association: the Memorandum of association includes company name Kevin Zeitler Jersey , location of registered office, and objective of the company or business, Types of business.

2) Article of associations: The article of association deals with meeting procedure, rights of share holders, power of directors, dividend payment procedures etc

3) Form 10: This document is required during the time of company incorporation in the UK Danny Shelton Jersey , issued free by the companies house. This form occupies the complete details of the registered office as well as the absolute information of the directors and secretary.

4) Form 12: The Form 12 is a declaration that the company has been abided by all the legal requirements for the incorporation of the company.

Advantages of Limited Liability Company:

1) LLC is not affected by the death and bankruptcy of members

2) It allows you to conduct business in the UK

3) It is formed by members not by share holders

4) Members can draw up their own contract

5) Flexible profit distribution among the members

6) It protect owners from personally liable for acts and debts of the LLC

7) There is no need to have an annual general meeting for share holders

8) Very less administrative paper process and record keeping

9) Profits taxed at the member level not at the LLC level

10) No Limited Liability Company member has personal liability

Article Source: Link

About the Author:

Rudradatta rath is an online marketing leader in, writing articles for which is a leading online company formation and registration agent based in UK provides company formation, company registration and accounting services to both UK and international clients. For more information on how to form a limited liability company please visit

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