Kazakhstan Legal Alert 2021
In this article, we summarize the some of the legislative amendments that would happen in Kazakhstan from January 1, 2021.
3% Retail Tax instead of Personal and Corporate Income Tax
December 10, 2020, President of Kazakhstan signed the Law on Amendments to the Tax Code of the Republic of Kazakhstan...
The New Export Law and Further Export Measures from the People’s Republic of China.
On October 17th, the Standing Committee of the 13th National People's Assembly promulgated the new Law on Export Control of the People's Republic of China, which will enter into force on December 1st. This law has to be examined in the overall context of the exports supervision system revision, which has also dete...
Can Employers Terminate Second Fixed Term Labor Contracts?
Its common practice for disputes between employer and employee to arise in relation to the conclusion of open-ended labor contracts, among which, the issue of whether an employer has the right to terminate the labor contract or to sign an open-ended labor contract with the employee after signing two fixed-term labor contracts, usuall...
Do You Have Employees in Vietnam? Become Familiar With the New Labor Regulations Entering into Force from January 2021
Starting from 2021, the new Vietnamese Labor Code will officially take effect. Accordingly, there’s a number of notable provisions that employees and employers need to be aware of and within this article, we would like to summarize the main amendments for your reference.
China-India: The Reasons Behind Their Economic Frictions
China is India’s second biggest trade partner behind the United States (US), and as a result, India is heavily dependent on China in matters of trade, technology and investment. However, since the spread of COVID-19 in India, the economic and political relations between the two countries have gone through a sea change, with the int...
The Impact of COVID-19 on the UAE Economy
Just like many other economies around the world, Arab states’ second largest economy, the UAE, is also suffering from the impact of COVID-19. “Trade, tourism and transportation” are the foundations of the UAE economy and as the region has had one of the strictest lockdowns in the world, such travel restrictions and strict lockd...
RCEP – The World’s Largest Trade Agreement
After 8 years and 21 rounds of negotiations, China and 14 other Asia-Pacific countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, Australia, Japan, New Zealand, and South Korea) have signed one of the world's largest trade agreements, the Regional Comprehensiv...
Sell Online in Russia: 5 Steps to Open a Store on an E-commerce Platform
Generally speaking, if companies want to explore the online market, they have two options (i) selling their products through their own website or (ii) opening a store on an e-commerce platform. In this article, we will concentrate on the major legal aspects of the latter in the Russian market.
Step 1. Choosing an E-commerce pla...
Italy Facing the Second Wave of COVID-19: DL Ristori and DL Ristori-bis
The epidemiological situation in Italy is not getting any better and for this reason, on November 10th, the Minister of Health, Mr. Roberto Speranza, issued an Ordinance to modify the regional areas of risk. The areas have been divided as follows:
- Yellow Zone: Campania, Emilia Romagna, Friuli Venezia Giulia, Lazio, Marche, Molis...
5 Practical Tips on Doing Business in India
In the past decade, the Indian economy has been one of the fastest growing economies in the world. By 2025, one-fifth of the world's working age population will be Indian and by 2030 there will be over 850 million internet users in India. By 2035, India's five largest cities will have economies of comparable size to middle income cou...