Legal risks in real estate transactions
Real estate transactions in Kazakhstan are complex as in many countries because of legal issues and documentation. Documentation is one of the most important parts of real estate along with its condition and location.
NEW CHANGES IMPACTING THE LEASING LEGISLATION
Background Law no. 83/2021 amending and supplementing Government Ordinance no. 51/1997 on the leasing operations and the leasing companies (“GO no. 51/1997”) was published on April 16, 2021 in the Official Gazette no. 401, Part I (“Law no. 83/2021”). Importantly, the provisions of Law no. 83/2021 may only be applied for leasing agreements concluded after …
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Malta Company Service Providers Regulations
By virtue of Legal Notice 96 of 2021, the Malta Company Service Providers (Amendment) Act 2020 (“the Act” or “the Amendments”) came into force on 16 March 2021. This Act also brought with it an overhauled Corporate Services Provider (“CSP”) Rulebook (“Rulebook”). Previously exempt, Malta CSPs must apply for their licences under the impending deadline …
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Thailand’s Statutory Interest Rate Amendment
On 10 April 2021, Thailand made significant changes to the statutory interest rate framework for the first time as the interest rates specified in the Civil and Commercial Code (“CCC”) have been enforced for almost a decade. The trigger for the change in the interest rate was due to Covid-19’s recent impact on the Thai …
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New Malta Company Service Providers Regime 2021
The Malta Company Service Providers (Amendment) Act 2020 (“the Act” or “the Amendments”) came into force on 16 March 2021 through Legal Notice 96 of 2021. This reformed Act also brought with it an overhauled Corporate Services Provider (“CSP”) Rulebook (“Rulebook”). Previously exempt, Malta CSPs must apply for their licences under the impending deadline of …
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Updates on Amendments to Thai Copyright Act
A. Latest Process On September 29, 2020, the Thai Cabinet approved a draft amendment of the Copyright Act to National which has been reviewed by Council of States and submitted Assembly. The House of Representatives of the National Assembly of Thailand has been accepted the principles of the draft amendment of the Copyright Act at …
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Managing New Technologies for Innovation in Legal Services
What does innovation mean for a legal firm? Can lawyers take advantage of today’s technological developments to streamline their processes? We live in an exciting time, in which the current situation has led legal practitioners to rethink everything, from the way they present themselves to the market to the way they offer and deliver their …
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The Film Industry in Cyprus – A Blooming Sector
The film industry constitutes a complex and ever-flourishing sector in the global economy. The industry’s operation occupies multifaceted stages, engages a selection of distinct stakeholders and experts and presents plenty opportunities for all parties who choose to get involved. Committed to boosting this highly promising sector, the government of the Republic of Cyprus introduced a …
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Tax reform under discussion in Brazil and its impacts on the health sector
Tax reform has been a constant theme of the Brazilian political and economic debate, and reveals the dysfunctionality of the current tax system, marked by a lack of transparency, complexity, inefficiency, and uncertainty[1]. In addition to directly impacting the country’s growth, these defects in the national tax system are reinforced by the significant tax litigation, …
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Energy Legislation Developments in Serbia – a Path Towards a Green Future
The adoption of amendments, and the new group of energy-related acts are crucial for Serbia’s energy transition, which is set to be implemented through several new regulations. All countries in the Western Balkans must transition to carbon-neutral energy sectors and become part of the integrated energy market. The main goal of the transition is to increase …
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