Even More Sector Inquiries: Sportswear And Oil Retail Under Scrutiny By The Serbian Commission
The Serbian Competition Commission (the " Commission ") continues its diligent examination of the Serbian competitive landscape in specific industries, this time with inquiries in two more industries – sportswear (including footwear and sporting equipment) and oil (petroleum products). Once again, the aim behind the market test was to identify potential issues on the relevant …
New Amendments to Serbian Tax Laws
At the end of 2017, the Serbian Parliament passed amendments to Serbian tax laws, including the Law on Personal Income Tax (PIT Law), the Law on Contributions on Mandatory Social Insurance (CMSI Law), the Law on Corporate Income Tax (CIT Law), and the Law on Value Added Tax (VAT Law). These amendments introduce tax relief …
Permit-free Regime for Construction in Montenegro
The new Construction Law entered into force in Montenegro and it is meant to unify construction, zoning regulations and deal with illegal objects. However, some provisions of the old Construction Law still remain in force, until the adoption of the General Regulation Plan. The new Construction Law completely changed the legal regime of construction in …
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Double taxation on mortgage release
20 Feb 2018 at 06:57 Newspaper section: business Double taxation on mortgage release Most people understand that the discharge of a debt by a creditor, or by someone else for the benefit of a debtor, could result in the debtor having taxable income equivalent to the amount of debt discharged. Likewise, when a …
JunHe Enabled Client’s Success in First Online Aircraft Auction in China
On February 6, 2013, Jade Cargo International Airlines, the first Sino-foreign cargo airline company, filed for bankruptcy with Shenzhen Intermediate People's Court. Since October 26, 2015, the bankruptcy administrator of Jade Airlines has auctioned three self-owned Boeing 747 cargo airplanes offline on six different occasions, but all had failed. On September 19, 2017, the …
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The Rights Granted To Minority Shareholders Under The Maltese Companies Act
“The rights of minority shareholders are an important and rapidly developing branch of law. It raises difficult questions of principle: the conflicts between the letter and the spirit of the company’s constitution; between the sanctity of the bargain between shareholders embodied in the articles and unfair treatment; between giving a remedy which is effective and …
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UBO Registry: New Reporting Requirements for Companies and Trusts
New reporting requirements under the Companies Act (Register of Beneficial Owners) Regulations and the Trusts and Trustees Act (Register of Beneficial Owners) Regulations.
Lexology Aviation Navigator: Philippines
The Philippine section of the Lexology Aviation Navigator is now online. The section was contributed by SyCipLaw partners Imelda A. Manguiat and Carina C. Laforteza, with support from senior associate Bhong Paulo A. Macasaet and associate Ma. Luisa D. Manalaysay-Sabornay. The chapter answers key questions on the regulatory framework, air carrier operations, consumer protection and …
[SOUTH KOREA] Potential Regulatory Compliance Systems to Enhance the Safe Control of Chemical …
Potential Regulatory Compliance Systems to Enhance the Safe Control of Chemical Substances Continuing its policy to enhance the safe control of chemical substances, the Ministry of Environment (“MOE”) has been making legislative efforts to further heighten regulations of chemical substances.
[SOUTH KOREA] KFTC Announces Plan to Eliminate Technology Misappropriation
On September 8, 2017, to promote joint growth of enterprises of all sizes and their collaborative efforts, the Korean Fair Trade Commission (“KFTC”) and the ruling Democratic Party of Korea held a consultation conference to step up efforts to eliminate unfair demands of technical information and/or misappropriation of technology by large conglomerates against small and …
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