It’s Finally Here – The “Measures for the Security Assessment of Outbound Data Transfers ” Have Been Officially Introduced Aug11

It’s Finally Here – The “Measures for the Security Assessment of Outbound Data Transfers ” Have Been Officially Introduced

  On July 7th, 2022, the Cyberspace Administration of China (hereinafter referred to as the "CAC") issued the Measures for the Security Assessment of Outbound Data Transfers (hereinafter referred to as the "Assessment Measures")...

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Capital Reduction of a Company in Italy Aug10

Capital Reduction of a Company in Italy

General During its business activities, a company may encounter a situation in which its administrative body deems it appropriate to reduce its share capital. The decision on the reduction of share capital rests with the shareholders meeting, who vote at the invitation of the administrative body, with the l...

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 “Co-lending” – A New Trend in the Finance Market Jul29

 “Co-lending” – A New Trend in the Finance Market

Introduction In recent years, lending by private fintech companies most commonly known as Non-Banking Financial companies (NBFCs) have been on the rise, with NBFCs in India lending to entities/individuals and companies since the year 1960. NBFCs have recently become a savior to small start-up companies ...

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Non-Resident Corporate Bank Account (NRA) Opening in China Jul25

Non-Resident Corporate Bank Account (NRA) Opening in China

It should come as no surprise for international businesses that derive a significant percentage of their turnover from Chinese consumers that receiving payments from their Chinese counterparties can be a long and cumbersome process. This is especially relevant for overseas companies that do not have a permanent establishment in China...

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Merger of Domestic Enterprises by Foreign Investors in China Jul25

Merger of Domestic Enterprises by Foreign Investors in China

The merger of a company shall be divided into two forms: consolidation by merger and merger by incorporation. Consolidation by merger shall refer to the circumstance where one company absorbs another or others and remains in existence while the absorbed company/companies dissolve. Merger by incorporation shall refer to the circumstan...

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Companies in China Facing Increased Challenges Regarding Noise Control Jul25

Companies in China Facing Increased Challenges Regarding Noise Control

With the increased attention on environmental protection in Chinese society, the amended Law on Prevention and Control of Noise Pollution (hereinafter “Law”) has come into force from June 5th 2022. Since the first issuance of noise control law in 1996, China has not substantially amended noise control requests for over 20 years. ...

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Report on Rental Price Trends in China Jul18

Report on Rental Price Trends in China

Recently, housing rental prices seems to have been significantly increased in many major cities in China. Especially in Shanghai, the rental market, which had been unchanged for more than two months due to lockdown, suddenly exploded as soon as the city was unsealed. In this article, we will provide a summary of some of the most rece...

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The PLI Scheme– A Major Initiative for the Manufacturing Sector Jul12

The PLI Scheme– A Major Initiative for the Manufacturing Sector

Introduction India has been on the brink of major development since various new incentives for manufacturing sectors rolled out in the month of March 2020 the Production Linked Incentive Scheme or the commonly abbreviated “the PLI scheme”. PLI is an initiative started by the Government...

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How to Effectively Make Capital Contributions When Establishing and FDI Enterprise in Vietnam Jul05

How to Effectively Make Capital Contributions When Establishing and FDI Enterprise in Vietnam

In recent years, especially post-pandemic, Vietnam attracted significant amounts of investment from all over the world. With an increasingly dynamic market and a range of reasonable policies, many foreign investors choose Vietnam as a promising destination to establish, develop and expand their business, especially with the foreign d...

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Brief Assessment of the Impact of International Sanctions on the Russian Federation Jul01

Brief Assessment of the Impact of International Sanctions on the Russian Federation

Several months have passed since the beginning of Russia's special military operation, and the European Union has introduced several packages of sanctions against Russia. The latest sixth package of sanctions was introduced on June 1st, 202...

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