Translating your Business
It is between April and June when companies begin to close accounts for the prior year and report them to the tax authority. They also begin to prepare annual reports and accounts to present to investors, partners and the general public. Here we present a summary of what reports and accounts are, who needs to present them and some interesting facts.
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If you are thinking about internationalising your business, a translation company is a crucial partner. This process presents a unique set of challenges, but also opportunities, in expanding across borders. Unlocking the potential of international markets lies in the ability to communicate effectively in the language, and respect the culture, of the target markets.
From understanding the nuances of translation to the importance of selecting the appropriate translation company, we present 5 situations where a translation company is crucial:
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Communicating without borders: the crucial role of translation companies
Translating is not just a matter of replacing one word with another. Translating is an art that involves much more than just the knowledge of two languages.
The need for a translation company is often underestimated by companies looking to expand their global presence and reach a wider audience. Translation is a complex process that, when done correctly, can open doors to new markets and business opportunities.
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Letting the domestic market be the only focus of a company’s business activities is a strategy that may seem safe, but is limited. At first glance it may seem that the domestic market offers abundant opportunities, but the truth is that confining yourself exclusively to your local market can subject your business to the unforeseen events in your local context. Therefore, it becomes not only beneficial, but essential for the survival and sustained growth of any company, to extend your horizons and embrace the dynamics of international markets.
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Does your company use machine translation to communicate with its international audiences? Then this article is for you. A recent study revealed that a majority of the content found online is translated or generated by Artificial Intelligence, which raises concerns about the reliability and future quality of that content, if AI models use in fact the content created by themselves to learn and improve. Apparently, there is a closed learning cycle that feeds on itself, using content generated by Artificial Intelligence as training data for Artificial Intelligence itself. This self-feeding of data can lead to a progressive degradation in the quality of machine translations and AI-produced content.
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Your company’s success depends on its ability to operate beyond your local market and national borders. Legal and business translation plays a key role in the difference between success and failure when navigating the turbulent waters of international trade. A translation company with the required experience and expertise in the specific area of legal and business translation is essential for your international success, ensuring accurate and effective communication with your audience.
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Finding the perfect translation company is mission impossible.
It is, however, possible to find the right translation company for your business. It should go beyond mere linguistic translation exactitude, it should also consider experience in specific areas, or commitment to technological innovation, as well as flexibility, speed and reliability in responding to customer needs, among other factors. Below is a short six-point guide to help you find the right translation company to be your business partner.
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Portugal is now one of the main centres of attraction for start-ups in Europe. With a welcoming business environment, a robust technological structure, qualified professionals and specific government support for installation, Portugal is a logical choice for anyone looking to create a start-up with the aim of international expansion.
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In 2022, we were approached with a request for a translation project of an unusual magnitude, in terms of the volume of work involved. The project involved the translation of 2223 documents, scanned into PDF format, with a total of 6577 pages, and an estimated of more than 3 million words to be translated. The documents ranged from registration certificates, to invoices and purchase and sale contracts as well as leasing contracts, all with considerable technical requirements. In addition to the translation, the project required legal certification of the translation, all within an extremely tight deadline of 2 months.
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On Friday night (27 October), a tourist from Azerbaijan, who felt unwell, entered the restaurant Portugália, in Cais do Sodré, in Lisbon, looking for a pomegranate to help with his discomfort. Given that he didn’t speak Portuguese, he used a translation app on his phone. He wrote the word “pomegranate” in his native language (граната), which was incorrectly translated to “grenade”. An alarmed restaurant employee alerted authorities, triggering a rapid response from the Public Security Police and the Special Police Unit.
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