Restrictions on Foreign Investment in Kazakhstan
It is typical for many countries to implement restrictions and limitations for foreign investment sectors in order to secure national security. Therefore, the first step for any investor considering establishing their presence in a foreign country is to understand whether the industry is open for foreign capital.
According to Bloo...
The Current Landscape of Private Equity Deals in India
The COVID-19 pandemic has not only affected the health of millions around the world but has also had a damaging effect on some of its leading economies.
To control the spread of COVID-19, India went on a nationwide lockdown in the month of March which has been extended in some form or the other up until now. Despite these efforts,...
New Civil Code: Will The New Law Affect Old Cases?
With the publishing of the text of the incoming new Civil Code of PRC China, which is to take effect from January 1st, 2021, a large number of modifications to old laws have been made. After the modifications, the conflict between the old and the new law always raises the same question: How will the success...
News on the Laws on Investment and Enterprise
The new amendments to the Law on Investment (LOI) and the Law on Enterprise (LOE) will enter into force on the 1st of January 2021, although certain provisions will kick in from this September. There are several changes with regard to incentives and business lines. Foreign investors should be more affected, in a positive ...
How will the Civil Code Affect the Management of Commercial Contracts?
The Civil Code of the People's Republic of China (hereinafter referred to as "Civil Code") which will come into effect on January 1st, 2021, has made a variety of amendments and innovations to the section on contracts. As there are a large number of contract cases in judicial practice, in this article, we will compare the new and ol...
5 Advantages of Setting Up an Offshore Company in the UAE
Since the introduction of offshore companies in the UAE in 2003, the UAE has become one of the most attractive jurisdictions to set up an offshore company for large corporations all over the world. An offshore company can be owned by individuals or a corporation and is a business entity which does not carry out any business operation...
The EU versus COVID-19: The Recovery Fund
On July 21st , at the end of a long negotiation between European heads of state (in particular between the southern states and the "frugal" countries), the European Council launched a historic aid package to deal with the economic shock caused by the Coronavirus emergency. The measure approved by the Council marks an hi...
How Will PERSONALITY RIGHTS OF THE CIVIL CODE Influence a Company’s Employee Management?
As previously introduced, the Civil Code of the People's Republic of China (hereinafter referred to as “Civil Code”) was approved by the National People’s Congress of the People’s Republic of China on May 28th, 2020, which will come into force on January 1st , 2021.
In the Civil Code, one uni...
Receive Dividends from Russia
Generally, one of the main concerns of foreign investors in Russia is the transfer of funds out of the country, most frequently in regards to dividends transfers. To be clear on this point, the payment of dividends by a Russian company to a foreign shareholder is subject to taxes, but is not generally restricted by Russian la...
Case Study on Enforceability of Non-Compete Clauses under Indian Laws
In 2018, Mr. Amit Kumar, joined Mobile India, an electronics manufacturing company in Mumbai, India as the Plant Manager. Under his employment agreement with Mobile India, Mr. Amit Kumar could terminate his employment after serving a notice of 2 months. The employment agreement also included a provisi...