Amendments to the Minimum Wage Standard in Russia in 2020 Jan22

Amendments to the Minimum Wage Standard in Russia in 2020

The beginning of 2020 has already been marked by amendments to the Russian minimum wage standard, and even more draft laws are waiting for being discussed in 2020. Surge of the Minimum Wage Standard On January 1, 2020, amendments to the Federal law Regulating Minimum Wage came into...

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New tax benefits for the technological innovation of Italian enterprises Jan20

New tax benefits for the technological innovation of Italian enterprises

The new Italian Budget Law 2020 provides a new tax benefit for Italian companies, of any size, aimed at promoting technological innovation. The law, in particular, foresees a tax credit which can be claimed for costs relating to the performance of activities aimed at the production of new or substantially improved...

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Foreign Investment Law – Practical Impact & Compliance Guide Jan17

Foreign Investment Law – Practical Impact & Compliance Guide

The introduction of a new year represents a significant and fundamental adjustment for foreign investment laws and regulations in China. Last year, the National People's Congress promulgated the Foreign Investment Law (FIL) in June comprising a total of six chapters and forty-two articles. Recently, in December, The Int...

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Foreign Direct Investment in India 2020 Jan15

Foreign Direct Investment in India 2020

Enthused by a record outside venture inflow, India is idealistic in proceeding to become one of the world's most beloved FDI destinations in 2020 on the back of the government's altered standards and a huge bounce in the country’s position in the World Bank’s Simplicity of Working Together report. The Secretary in the Department ...

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Application for a Patent in China Jan10

Application for a Patent in China

On 2019 October 16, The World Intellectual Property Organization (“WIPO”) published The World Intellectual Property Indicators 2019, which demonstrated that in 2018, innovators across the world filed 3.3 million patent applications in 2018. The China National Intellectual Property Administration (“CNIPA”) received 1.5 million...

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Revision of Immigration Regulations in Vietnam: The Introduction of New Favorable Conditions for Foreigners Jan08

Revision of Immigration Regulations in Vietnam: The Introduction of New Favorable Conditions for Foreigners

The number of foreigners entering Vietnam has grown consistently in recent years, both for tourism and business reasons. Vietnam received nearly 16.3 million foreign visitors in the first 11 months of the year, increasing 15.4% year-on-year. The Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam needed amendments whic...

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Ease of the currency regulation for foreign contracts using Rubles Jan03

Ease of the currency regulation for foreign contracts using Rubles

On January 1, 2020, amendments to Federal Law on Currency Regulation and Currency Control No. 173-FZ (hereinafter referred to as the Currency Law or the Law) came into force. Compared to the previous version of the Law, the amended legislation lowers the barriers for the repatriation of funds under foreign trade agreements and provid...

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Tips for Enterprise Trademark Registration——from The MUJI Case Dec30

Tips for Enterprise Trademark Registration——from The MUJI Case

After nearly ten years, the MUJI trademark case has finally been finalized.  Last month, Beijing’ high court made a final judgment on the dispute over MUJI's trademark infringement, and ordered Japan’s Muji and its subsidiaries to immediately stop infringing the exclusive right to use the registered trademark of Miantian Company...

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The new European Directive on cross-border conversions, mergers and divisions Dec27

The new European Directive on cross-border conversions, mergers and divisions

On 12 December 2019, the EU Directive No. 2019/2121 of the European Parliament and Council amending the former Directive No. 2017/1132 on cross-border conversions, mergers and divisions was published in the Official Journal of the European Union. The new directive, which shall be implemented by all Member States by 31 January 2023...

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Data Protection Laws in India Moving Forward Dec23

Data Protection Laws in India Moving Forward

The great strides taken towards the protection of personal data in the European Union, put in motion by the General Data Protection Rules of 2016, have triggered Indian legislature to provide meaningful measures to data protection laws in India. Previously proposed in the last winter session, the ‘Personal Data Protection Bill’, ...

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