The New Italian Tax on Short-Term Rents (the “Airbnb Tax”)
On September 11th, 2017, the short-term rent tax effectively came into force in Italy. Such new policy is applicable to the rent contracts stipulated by private individuals both directly and indirectly, i.e. through real estates intermediaries, also operating on online platforms (for instance...
Foreign Employment in Vietnam
Vietnam has become the hot land for foreign investment, according to Foreign Investment Bureau of Ministry of Planning and Investment ofVietnam thedirect foreign investment to Vietnam from January to September 2017 has reached a record high of 25.48 billion dollars, increase by 13.4%. Naturally this ...
Legal Representative in General Provisions of Civil Law
General Provisions of Civil Law of People’s Republic of China (GPCL), the opening of the Civil Code of China, has come into force since October 1st 2017. Legal Person system is one of the most important constituent parts of GPCL, which specifies, adjusts and/or amends the corresponding contents of the...
Mid-Autumn Festival’s Story
The Mid-Autumn Festival is an important festival celebrated in most East Asian countries, such as China, Korea and Vietnam. The festival is held on the 15th day of the 8th month of the lunar calendar with full moon at night. Corresponding to 2017, it's today, October 4th.
EP 04 – Shareholders’ Right of Distribution of Profit and Representative Lawsuits
In our previous articles this month, we’ve introduced the effectiveness of company resolutions, shareholders’ right to know, shareholders’ right of first refusal. Today we’ll further introduce the shareholders’ right of distribution of profit, as well as representative lawsuits.
The new Italian Law on Market and Competition
The new Italian Law on Market and Competition (L. n. 124/2017) was finally approved on 04.08.2017, following a long and complex procedure and negotiation in Parliament. The new provisions implemented, among the others, the regulations governing law-related professions (lawyer and notary public)...
India: Authority for Advance Rulings under GST
The onset of GST in India has brought much hope among corporate denizens, but at the same time there are a number of gray areas emerging as the implementation has taken effect.
Since clarity in the tax regime shall be the bedrock any entrepreneur deserves and needs, w...
Shareholders’ Right of First Refusal – Ep.3
Shareholders’ right of first refusal, means where the shareholder of a limited liability company intends to sell his/her shares of the company to an outsider, the other shareholders have the prior right to buy such shares under the Equal Conditions. The Judicial Interpretations (IV) further stipulated...
Attention please, WeChat groups owners!
WeChat groups are very common in China. They are used for friends chat, for organizing events, for meeting people, for sending advertisement looking for customers, for discussions about business or interests and for a lot of different uses. Consequence of this wide range of uses is that it is easy to ab...
Updates on Shareholders’ Rights – Ep. 2
As we’ve talked about the effectiveness of Company Resolutions in our last article, today we’d like to introduce the Shareholders’ right to know in the Judicial Interpretations (IV).
Shareholders’ right to know is a lawful right given by the Company Law, meani...