Recent Amendment in the FDI Policy of India Due to COVID-19
On April 18th, 2020, the Central Government of India amended the Consolidated FDI Policy 2017 (“FDI Policy”), to curb “opportunistic takeovers/acquisitions of Indian companies” due to COVID-19. Under the press note the following two new restrictions have been introduced:
Balancing Company Labor Expenses During the Pandemic in Russia
According to information from the anti-coronavirus crisis in Russia, the number of novel coronavirus cases has surpassed 15,770, affecting 82 regions. As the curve shows progressive growth in the number of contaminated areas in Russia, new strict administrative measures for people and companies have been introduced.
It shall be me...
The Role and Liability of Legal Representatives in Foreign Invested Companies
According to PRC law, the legal representative of a company generally refers to a person who is authorized to exercise power on behalf of the company. Foreign-invested enterprises in China also need to appoint legal representatives. The legal representative has a dual identity and status: internally he/she is responsible for company ...
The Latest Updates on COVID-19 Related Regulations in Italy: The “Liquidity” Decree and the Prime Minister’s Decree April 10th, 2020
In recent days, the Italian Government has adopted important measures to cope with the current epidemiological emergency, supporting the productive structure of the country.
In this respect, the so-called Liquity Decree Law (Decree-Law No. 23/2020), published in the Official Gazette on April 8th, is especially ...
Managing your Enterprise in India During COVID-19 Lockdown
In light of the increasing spread of COVID-19 in India, on March 24th, 2020, the Prime Minister of India, Mr. Narendra Modi, announced a nationwide lockdown for a period of 21 days starting from 00:00 March 25th, 2020. In a country of 1.3 billion, where hundreds of millions of citizens are impoverished and countless millions live in ...
A General Introduction of Commercial Contracts in Vietnam
Nowadays, commercial activities happen so regularly among local and foreign enterprises that it is in the interest of all parties to protect their own rights when concluding commercial contracts. Given the general nature of the contracts, commercial contracts are specifically outlined as the most important point in the commercial act...
Trademark Registration at Customs – A Further Guarantee for Trademark Protection in China
As enterprises pay more attention to intellectual property rights, customs registration has become an increasingly important step in the development of enterprise trade. For enterprises that plan or have carried out commercial activities in China, in addition to protecting their own intellectual property rights by registering tradema...
CURA ITALIA DECREE: THE MAIN MEASURES TO SUPPORT ENTERPRISES
The Italian Ministry Council met on March 16th to discuss extraordinary measures aiming to cope with the current emergency related to the spread of COVID-19.
Following the meeting, the new “Cura Italia” Decree was approved, which follows the previous Ministerial Decree dated February 24th and a L...
COVID-19 Pandemic and Measures to Support Kazakhstan’s SMEs
On the 15th of March 2020, Kazakhstan's President Kassym-Jomart Tokayev issued a decree declaring a state of emergency in Kazakhstan after COVID-19 was assessed by the World Health Organization (WHO) as a pandemic and the first cases of coronavirus in the country were confirmed. In an effort to fight the coronavirus, starting from Ma...
How to Legally Work in Vietnam
Vietnam has become an increasingly attractive destination for foreign investors and many local companies have found increased business opportunities with foreign partners. As within any international business environment, the need to hire foreign employees eventually arises. The employment regulations in Vietnam are quite strict and ...