Inflation has taken over the global market and shows no sign of abating in the near future. Mid-sized international companies must take immediate steps to mitigate problems at the outset.

In April 2016, the European Commission proposed an amendment to Directive 2013/34 / EU (Accounting Directive) regarding the publication of information on corporate income tax of certain companies and branches as part of the Action Plan for a fairer corporate income tax system. Directive 2021/2101 was adopted on 24 November 2021 and entered into force on 21 December 2021. Country-by-country reporting is an effective and appropriate tool to increase transparency regarding the activities of multinational companies and to enable the public to assess the impact of these activities on the real economy. Public reporting by country also improves the ability of shareholders to properly evaluate the risks to which companies are exposed, leads to investment strategies based on accurate information and increases the ability of policy makers to assess the effectiveness and impact of national legislation.

In the 20th century, international M&A activities were dominated by multinational corporations. However, in the last few decades, the number of strategic acquisitions has decreased and private joint stock companies are becoming leaders in this type of business. The global value of mergers and acquisitions reached $5.8 trillion in the first nine months of 2021, while interest in cross-border business and collaboration is growing. Europe is becoming the area with the highest growth and opportunities to activate mergers and acquisitions in the next few years, leading it to lead the US and Asia in the M&A sector.

COVID-19 has challenged the business environment to struggle and many mid-market companies are now fully focused on building greater resilience in their operations. Each company has its own long-term and short-term strategies aimed at success in each business segment. However, true resilience goes beyond short-term survival. In times of extreme economic challenges, it is important not just to overcome the crisis, but to take a break to re-adjust your business to the obstacles that stand in the way of achieving your goals.

The Grant Thornton IBR study led to the conclusion that there is an opportunity for the international growth of some particular companies. The pandemic has slowed us all down, but more normal upcoming opportunities are leading to the launch of the middle market. A majority of 45% of the global mid-market expects their international connections and exports to grow in the next twelve months and sees this year as one of those in which everything will start. In the last ten years, that number has not increased above 36%, and at the beginning of the pandemic it decreased to only 25%, which means almost doubling compared to last year.