UK Visa Fees are increasing as of March 29th 2019
The United Kingdom has one of the highest visa fee rates in the world and it is no secret that applications can cost an ample amount often leaving families in economic hardship due to staggering visa fee costs. Additionally, as a result of a complicated visa application process many also lose their visa fee due …
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Malta introduces new guidelines for long term leasing, reducing the vat liability of pleasure yachts
On the 28th of February 2019 the Maltese Revenue Department published a new set of guidelines for the long term hiring of yachts and the payment of VAT. These guidelines apply to operational leases which have started on or after the 1st of November 2018. The guidelines have a number of similarities to those that …
fwp expands know-how thanks to new junior partner
Vienna, March 2019. Fellner Wratzfeld & Partner GmbH (fwp) adds valuable competence and expertise to the team by welcoming Pavel Bachleda in its midst as a new attorney-at-law and junior partner.
Elias Neocleous & Co LLC advised the Zarenkov family in disposal of a 25% stake in Etalon Group PLC
Elias Neocleous & Co’s Financial Services team assisted the Zarenkov family on Cyprus corporate and financial services law matters in their February 2019 disposal of a 25% shareholding interest in Etalon Group Plc to Sistema PJFC, a publicly-traded diversified holding company. Etalon Group Plc, one of Russia’s largest and longest established development and construction companies, …
Beware Of Rpm – Commission Issues Fines For Online Resale Price-fixing
July 31, 2018 On 24th July 2018, the European Commission (EC) issued four decisions fining Asus, Philips, Denon & Marantz and Pioneer, for a total of 111 million EUR, for fixing or establishing minimum resale prices on online retailers, a commercial practice also known as resale price maintenance (RPM). According to the EC, such RPM …
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Privacy, Data Protection & Cybersecurity
19 February 2018 COMMISSION COMMUNICATION – GUIDANCE ON THE DIRECT APPLICATION OF THE GENERAL DATA PROTECTION REGULATION The European Commission (the “Commission”) has issued, on the 24 January, a Communication containing guidance in view of facilitating the direct application of the General Data Protection Regulation (“GDPR”) in all the European Union (the “EU”) as of …
The Taxation Of Benefits In Kind In Cyprus
1. INTRODUCTION The Tax Department has announced in October 2018 its intention to terminate the previous tax practice in relation to the benefits in kind, and instead provide clear guidelines as to the proper valuation of the benefits in kind, for the purpose of consistency, clarity and uniformity, clearing any ambiguities. The broad definition of …
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Karanovic & Partners wins the Law Firm of the Year Award
We are proud to announce that Karanovic & Partners is the 2019 winner of the prestigious Law Firm of the Year award, in the Eastern Europe and the Balkans category.
Sayenko Kharenko wins twice at The Lawyer European Awards 2019
Sayenko Kharenko wins twice atThe Lawyer European Awards 2019 Sayenko Kharenko won the titles of Law firm of the year: Russia, Ukraine and the CIS and European energy and infrastructure deal of the year at The Lawyer European Awards 2019. The firm is the only one on the Ukrainian market ever to have won two accolades …
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Foyen has advised Mandalay Resources in 32 Million USD share issue
Foyen has advised Canadian mining company Mandalay Resources Corporation inits marketed public offering of shares (subscription rights) on the Toronto stock exchange for aggregate gross proceeds of 43 million CAD (32 MUSD).Mandalay is the 100 % owner of the Bjorkdal gold mine in northern Sweden and the transaction has required legal opinions regarding all companies …
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