Slovenia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Slovenia is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. Each year, Slovenia exports around $28.73 billion and imports roughly $29.49 billion. 5.9% of population in the country are unemployed. The total number of unemployed people in Slovenia is 122,794. In Slovenia, 13.5% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Slovenia is low, indicating that it has a stable economy. Investors should consider Slovenia to be a safe location for investments and other financial ventures. Government expenditure on education is 5.7% of GDP. The Gini Index of the country is 23.7. Slovenia is experiencing high equality. Differences in income among citizens are only mildly significant. Slovenia has a Human Development Index (HDI) of 0.874. Slovenia has a very high HDI score. This indicates that nearly all citizens are able to attain a desirable life because of social and economic support; citizens with a low standard of living receive aid and support and have the opportunity to advance in society. The Global Peace Index (GPI) for Slovenia is 1.378. Due to strong law enforcement presence and high social responsibility, Slovenia is very safe by international standards. The strength of legal rights index for Slovenia is 3. Overall, it is considered to be rather inadequate - bancrupcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient.

Currency
The currency of Slovenia is euro. There are several plural forms of the name 'euro'. These are euro, euros. The symbol used for this currency is €, and it is abbreviated as EUR. The euro is divided into Cent; there are 100 in one euro.

Credit rating
The depth of credit information index for Slovenia is 4, which means that information is usually sufficient and quite accessible, although occasionally some necessary details may be lacking. According to the S&P credit-rating agency, Slovenia has a credit rating score of A-, and the prospects of this rating are stable. According to the Fitch credit-rating agency, Slovenia has a credit rating score of BBB+, and the prospects of this rating are negative. According to the Moody's credit-rating agency, Slovenia has a credit rating score of Ba1, and the prospects of this rating are negative.

Central bank
In Slovenia, the institution that manages the state's currency, money supply, and interest rates is called Bank of Slovenia. Locally, the central bank of Slovenia is called Banka Slovenije. The average deposit interest rate offered by local banks in Slovenia is 3.17%.

Public debt
The government debt of Slovenia has not been calculated yet.

Tax information
The corporate tax in Slovenia is set at 19%. Personal income tax ranges from 16% to 50%, depending on your specific situation and income level. VAT in Slovenia is 22%.

Finances
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Slovenia is $61557 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Slovenia was last recorded at $30 million. PPP in Slovenia is considered to be below average when compared to other countries. Below average PPP indicates that citizens in this country find it difficult to purchase local goods. Local goods can include food, shelter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with below average PPP are dangerous locations for investments. The total Gross Domestic Product (GDP) in Slovenia is 47,990 billion. Based on this statistic, Slovenia is considered to have a medium economy. Countries with medium economies support an average number of industries and opportunities for investment. It should not be too difficult to find worthwhile investment opportunities in medium economies. The Gross Domestic Product (GDP) per capita in Slovenia was last recorded at $23 million. The average citizen in Slovenia has very low wealth. Countries with very low wealth per capita often have lower life expectancies and dramatically lower quality of living among citizens. It can be very difficult to find highly skilled workers in countries with very low wealth, as it is difficult for citizens to obtain the requisite education needed for specialized industries. However, labor can be found for very low rates when compared with countries with higher wealth per capita. GDP Annual Growth Rate in Slovenia averaged 1.4% in 2014. According to this percentage, Slovenia is currently experiencing modest growth. Countries that are experiencing modest growth offer safe opportunities for investment; their expanding economy indicates that businesses, jobs, and income will expand accordingly.

A merchant account is a type of bank account for businesses that allows accepting and processing credit and debiting card transactions. Merchant account is often required for various businesses, especially for online operations. This account is specifically used to identify the vendor as the owner of the purchase. Information about the owner and transactions is sent directly to the bank.

This bank account is issued by acquisition of a bank for a certain vendor under an agreement to settle payment card transactions. Sometimes, an independent sales organization, a member service provider or other payment processor takes place as the third party in the merchant agreement. After signing a merchant agreement, the vendor is contractually bound to obey the regulations of card associations, such as MasterCard or Visa.

Functions of merchant accounts
There are two main categories of merchant accounts that are usually chosen by different businesses depending on their type of operations. 'Swiped' is referred to transactions when a customer pays for his/her purchases in person and is required to swipe or insert credit or debit card. This kind of merchant account is mostly used in retail. 'Keyed' is referred to transactions when the credit or debit card information is entered through a virtual terminal, typically using internet. This kind of merchant account is mostly used by e-commerce merchants, but some merchants decide to use this method also during face to face transactions as it is less expensive.

Utilizing merchant account
Similarly, as you are able to deposit another person’s check into a checking account, a merchant account lets you accept a card payment from a client. Meanwhile, merchant account does not hold any money like checking or other deposit accounts. Instead, card payment goes through the merchant account via payment gateway and after the funds are cleared, they are deposited on a checking account. Commonly it takes up to 48 hours from the moment of the transaction for money to be deposited onto the vendor’s checking account. In addition, instead of receiving numerous deposits for each transaction, all payments from one business day are put together into one deposit payment called a “batch”.

Merchant account can also be explained as a line of credit account due to the fact that vendor gets paid before the actual funds are collected from the customer. This means that the vendor may be subjected to a personal credit check or requirement to sign a personal guaranty.

The limited liability company (LLC) is the most common legal form for companies in Germany. This legal form is often used by international companies that have decided to set up a subsidiary in Germany; local entrepreneurs also choose this legal form for their small and medium-sized businesses. It combines relatively few obligations with high flexibility to be set up in any economic sector. The limited liability company is subject to corporation tax, trade tax and the solidarity surcharge. The minimum share capital for LLC is EUR 25,000, with a minimum of EUR 12,500 proven in the bank account at the time of company registration. As the name of this legal form suggests, shareholders are only liable with the capital they have brought in and do not risk their personal assets.

An LLC is usually managed and legally represented by the directors of the company. In the case of a GmbH, at least one managing director must be appointed, who does not have to be a shareholder in the company or a resident of Germany. Typically, shareholders can exert direct influence on the company by issuing binding instructions to the managing director. Before you decide whether LLC is the most suitable legal form for your company, you should keep in mind that this type of company shares cannot be publicly offered for sale. Meanwhile, the administrative and financial controls are less stringent compared to public companies.

Mini GmbH
Another very similar legal form for companies is called a mini-GmbH, which is essentially the same as the regular GmbH in terms of limited liability for shareholders and no limitations on doing business. Meanwhile, it allows entrepreneurs to contribute less capital when registering the company in Germany and therefore risk with less funds to start doing business. In fact, no minimum share capital is required at all. Instead, 25% of the profits made by the company must be placed in special reserves until the total amount of these reserves reaches EUR 25,000. In this case, the company is transformed into a regular LLC. The Mini-GmbH enables young entrepreneurs to start their business with less capital, reducing their risk and lowering the cost of capital until the business is successful and generating profits.

German GmbH taxation
Typically, taxes are collected and administered by the local tax office. Local tax offices are usually responsible for administering income tax, corporate income tax (CIT) and real estate transfer tax (RETT) and value added tax (VAT). While trade tax is based on corporate taxes administered by local tax offices, enforcement of trade tax is the responsibility of municipalities. German LLCs are generally subject to the taxes explained below:

Corporate Income Tax – levied on the company's worldwide income, unless a double taxation treaty is in place. The corporate income tax rate is 15%, while corporate income tax is subject to a solidarity surcharge of 5.5%. This results in an aggregate tax rate of 15.825%;
Trade tax – is levied by the municipality where the company is based. The standard tax rate is 3.5%, while the additional multiplier is added in the range from 200% to 500% and is determined individually by each municipality. This results in an aggregate tax rate of 7% to 17.5%.
Both taxes are assessed annually, but companies are required to prepay corporate income tax and trade tax quarterly based on an estimated current year's tax due.

An audit is an independent and systematic examination of accounts, books, documents, statutory records and vouchers of a company to ascertain that the financial statements and non-financial disclosures present a fair and true view as well as maintained as required by law. Audits provide an assurance by the third party that the subject matter does not contain a material misstatement. While the term is most frequently used to evaluate the financial information of a legal entity, there are various other areas that are commonly audited: internal controls, secretarial and compliance audit, quality management, water and energy management and conservation as well as project management. As a result, various stakeholders can effectively evaluate and, if necessary, improve the effectiveness of risk management, governance and control processes of the legal entity.

Organization of an audit
Most companies receive an audit once a year, while some, usually large corporations, can receive audits even on a monthly basis. Often, audit is a legal requirement in order to eliminate the intentional misstatements of financial information in an attempt to commit fraud. For some companies, especially publicly traded ones, audits are used to evaluate the effectiveness of internal control measurements. During the process of auditing, auditors are required to follow auditing standards set by the government body. The process is usually organized in six steps:

Requesting documents – auditor requests certain documents listed on the preliminary checklist. These documents may include a previous audit report, bank statements, receipts and ledgers as well as organizational charts, bylaws and standing rules and copies of the board and committee minutes.
Preparing an audit plan – after the auditor has received all required documents, an audit plan is drafted. During this stage, a risk workshop might be conducted in order to identify possible problems.
Scheduling an open meeting – senior management together with key administrative staff are invited to a meeting during which a scope of the audit is explained. Other details, such as time frames, scheduled vacations and interviews with the auditors are discussed.
Conducting fieldwork – auditors are speaking with staff members, reviewing processes and procedures, testing compliance with laws and policies, evaluating internal controls as well as discussing possible problems with the organization.
Drafting a report – auditor prepares a report with detailed findings of the audit. Such details as posting problems, mathematical errors, payments that are authorized and not paid along with other discrepancies and concerns are listed. Finally, the auditor writes a commentary about the findings of the audit and possible solutions for the found problems.
Setting up a closing meeting – management of the audited company discusses the highlighted problems and describes the action plan to address them along with projected completion date. Finally, the management indicates whether it agrees with the problems pointed out by the auditors. It is important to point out that auditors seek to provide only a reasonable assurance that the audited information is free from material error. Which means that they do not check every figure in the financial statements; they also do not look at every transaction that is carried out by the organization. Auditors do not judge the appropriateness of the business activities, strategies or decisions made by the company’s management.
Types of auditors
There are generally three types of auditors:

Internal auditors – employed by the company for whom they are performing the audit. They provide information to the management of the company about the accuracy of their books and the efficiency of their internal control system.
Consultant auditors – performing the same function as internal auditors, but are not employed by the company.
External auditors – follow a set of generally accepted set of standards to evaluate the financial reporting and possible misstatements of the company. Legally required audits need to be performed by external auditors.

Morocco is considered a developing country. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Morocco may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries can have a lower life expectancy than citizens of developed countries. Every year, Morocco exports about US$16.78 billion and imports about US$38.66 billion. 9.3% of the country's population is unemployed. The total number of unemployed in Morocco is 3,365,838. In Morocco, 15% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Morocco is quite high, but not a cause for complete concern in terms of investment. Potential lenders should look at other economic indicators, including GDP, the rate of urbanization and the strength of the currency, before making investment decisions. Government spending on education is 5.6% of GDP. The country's Gini index is 40.9. Morocco is experiencing poor equality. The gap between the richest and poorest citizens in this country is quite palpable. Morocco has a Human Development Index (HDI) of 0.617. Morocco has an upper middle HDI value. This suggests that the majority of citizens will be able to lead a desirable life, although some citizens will not be able to attain a high standard of living. The Global Peace Index (GPI) for Morocco is 2,002. The Strength Law Index for Morocco is 2. Overall, it is considered rather weak – bankruptcy and collateral laws fail to protect borrowers' and lenders' rights in the event of credit-related complications; Credit information, if any, is scarce and difficult to access.

Currency
The currency of Morocco is Moroccan Dirham. The plural form of the word Moroccan dirham is dirhams. The symbol used for this currency is د.م. and is abbreviated as MAD. The Moroccan dirham is divided into centimes; there are 100 in a dirham.

Credit rating
The credit rating depth index for Morocco is 6, which means that the information is mostly sufficient and fairly detailed; Accessibility is not a problem. According to the rating agency S&P, Morocco has a credit rating of BBB- and the prospects for this rating are stable. According to the rating agency Fitch, Morocco has a credit rating of BBB- and the prospects for this rating are stable. According to the rating agency Moody's, Morocco has a credit rating score of Ba1 and the prospects for this rating are stable.

Central bank
In Morocco, the institution that manages the state's currency, money supply and interest rates is called Bank Al-Maghrib. Locally, the Central Bank of Morocco is called بنك المغرب. The average interest rate on deposits offered by local banks in Morocco is 3.9%.

National debt
Morocco's national debt has not yet been calculated.

Tax information
Corporate tax in Morocco is 30%. Personal income tax ranges from 0% to 38% depending on your specific situation and income level. VAT in Morocco is 20%.

A checking account is a deposit account opened at a bank that allows numerous withdrawals and unlimited deposits. The checking account is the most liquid account and can be easily accessed at any time using ATMs, checks, online banking, credit or debit cards. Due to its properties, the checking account is also known as a sight or transaction account.

Many financial institutions offer checking accounts for very low monthly or yearly fees and banks have traditionally used this service as a loss leader. Loss leader is a marketing term that involves offering a product below its market value in order to attract consumers. Once consumers have been lured with free or cheap checking accounts, banks offer them more profitable products such as mortgages, personal loans, life insurance investments, or retirement funds.

Checking account features
Various types of checking accounts have been developed to meet the needs of users. These can be student accounts, business accounts, and joint accounts for households. As a rule, current accounts do not offer any interest due to their liquidity.

Current accounts can be easily set up for private individuals in bank branches. For corporations, you may need to go through a specific process depending on banking rules and government regulations. The checking account is one of the most practical solutions to keep your cash available for all transactions, e.g. For example, to pay your bills, buy goods online, and pay with a credit or debit card in a store. The current account is the simplest banking service and is used by almost all bank customers worldwide. This account gives you the freedom and convenience to access your funds instantly with no additional charges except in some cases transaction fees.

Some banks offer checking accounts with a certain credit limit that you can use in an emergency. If this is the case with your transaction account, you can have peace of mind knowing that you have access to extra cash at any time. In the meantime, you should be more careful not to exceed your balance without an important reason. Typically, this short-term loan comes with huge interest rates. For some people who like to spend whatever cash is available, a checking account with a line of credit may not be the best option.