Ride-hailing firm Grab plans major investment in the multi-billion dollar Vietnamese market
The Singapore-based transportation network, Grab Holdings Inc., has centered its focus on ride-haling services alongside food deliveries and has become the Southeast Asia's biggest start-up with an annual revenue of 1 billion USD, as of December 2018. The fast-growing company is now set to invest "several hundred million dollars" in ...
A Roadmap of Indian Intellectual Property Rights Developments
India over the years has risen up to realize the importance of one of it’s most neglected assets- Intangible property or securing the protection of Intellectual Property. This neglected area has now finally picked up the pace and in this article we shall go through the legislation enacted that has made these developments possible...
How to Avoid the Risk of Paying Double Wages: Signing a Written Labor Contract
A huge tide of litigation appeared in the years after the entry into force of the Labor Contract Law in 2008, which mainlyrelated to the non-signing of written labor contracts, of which many employers had to pay a heavy price. Chinese law stipulates that it is essential to sign a written labor contract within one month after the esta...
Outward Investments From China: A New Direction for a New China
In recent years, outbound direct investment from China slowed down significantly, as more stringent controls were placed on certain types of capital outflow. As China’s outward investments mature and develop to adjust to the country’s current trajectory, which industries and government policies have helped to shape the future of ...
Can renting your apartment on AIRBNB be considered as an entrepreneurial activity? The new clarifications from the Italian Revenue Agency
With a turnover of almost EUR 5.4 billion (source: la Repubblica Newspaper) AIRBNB dominates the market for short-term rentals in Italy and is a very popular alternative to hotel reservations. Many landlords refer to this platform to rent their home independently, without having to rely on expensive agencies, and with considerable po...
Are your goods safe to be imported into Russia?
Russian legislation sets quite strict requirements for the quality and safety of goods imported from abroad, including China. Absence of documents proving that the goods are in compliance with the required safety standards, is one of the grounds for the Russian custom authorities to stop products at the border (para 7 Article 125 of...
Enforcing Foreign Arbitral Awards in India: Less Scope for Inquiries and Increased Reliability
The growth of international commerce has necessitated the creation of efficient methods of the resolution of disputes such as arbitration and the enforcement of the consequent awards that determine the rights and obligations of the parties. In some situations, securing an award from a foreign seated tribunal is merely half the battle...
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$1.5 Billion Initiative: Amendments to The Information, Information Technology and Information Protection Law
On October 11 Nasdaq shares of Yandex N.V., the parent company of Russian flagship internet company Yandex, suffered a 16% drop equal to $1.5 billion loss of capitalization. The the fall with the news of the amendments of the Information, Information Technology and Information Protection Law (Information Law).
As a means of backg...