On October 17th, the Standing Committee of the 13th National People's Assembly promulgated the new Law on Export Control of the People's Republic of China, which will enter into force on December 1st. This law has to be examined in the overall context of the exports supervision system revision, which has also dete...
In this article, we summarize the some of the legislative amendments that would happen in Kazakhstan from January 1, 2021. 3% Retail Tax instead of Personal and Corporate Income Tax December 10, 2020, President of Kazakhstan signed the Law on Amendments to the Tax Code of the Republic of Kazakhstan...
On December 19th, 2020, The National Development and Reform Commission of China (“NDRC”) and the Ministry of Commerce (“MOFCOM”) jointly issued the “Measures for the Security of Review of Foreign Investment” (Hereinafter referred to as “the Measures”), which will take effect from January 18th, 2021. The purpose of ...
Introduction The long-standing conflict between LEGO, the Danish toymaker and LEPIN, a sub-brand Guangdong Loongon Animation & Culture Co., Ltd. (广东小白龙动漫文化股份有限公司) has recently etched another judgement to the long line of decisions laid down in the courts in regards to intellectual property rights ...
Public-Private Partnership Investments (“PPP”) are a particular form of investment projects negotiated directly by private investors with the competent State agency, mainly aimed to build or renovate, upgrade, extend, manage and operate infrastructure works as well as to provide public services. In Vietnam, this matter is now ...
Background With over 560 Million internet users, India is the second largest online market in the world, ranked only behind China. In its recent report titled 'Global Internet: E-Commerce's Steepening Curve', Goldman Sach’s has reported that the growth rate o...
In line with the mission of our Group to make the world a better place to do business and to be present in every business capital of the world, we are glad to announce that in 2020, notwithstanding the global difficulties related to the epidemic situation, we continued to pursue our global expansion by opening a new branch in the Uni...
Introduction After seven years of negotiations (a total of 35 rounds of talks between the parties), the EU and China reached political approval of the EU-China Comprehensive Agreement on Investments (CAI) on December 30th via a video conference call with Chinese President Xi Jinping, Charles Michel, Pre...
China is India’s second biggest trade partner behind the United States (US), and as a result, India is heavily dependent on China in matters of trade, technology and investment. However, since the spread of COVID-19 in India, the economic and political relations between the two countries have gone through a sea change, with the int...
Background During the second weekend of 2021, The Ministry of Commerce of the People’s Republic of China (“MOFCOM”) published, the first of its kind, the “Rules on Counteracting Unjustified Extra-Territorial Application of Foreign Legislation and Other Measures” (the “Rules”), effecti...
