Opening a Business Bank Account in the UAE
Investing in the United Arab Emirates (UAE) is quite straightforward, and is encouraged by a business-friendly legal, regulatory, and financial environment. As one of the world’s freest economies with a globally-minded business culture, the UAE is a stable, investor-friendly global hub.
Opening a bank account for business, as on...
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Automotive Development in Italy: New Investments from China
Italy, and Europe more generally, is a global benchmark for the automotive industry as home to several of the world's largest and most iconic car companies. In this period of economic recovery, following re-openings and the easing of restrictive measures, both the Italian government and foreign companies have decided to focus on this...
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Import & Export Vietnam: The Certificate of Origin (Form E) in the Context of the ASEAN-China Free Trade Area (ACFTA)
According to General Statistics Office of Vietnam, the country’s export of goods in the first 8 months of 2022 has increased by 17.3%, with a total value of 250.80 billion USD, having a higher growth rate if compared to the pre-COVID19 period, while imports saw a growth rate of 13.6%, with a value of 246.84 billion USD.
These in...
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Commercial Debt Recovery in India
Introduction
The debt recovery law in India has been prevalent since age old times, with the concept of debt recovery governed primarily under the Code of Civil Procedure, 1908 and thereafter various laws have been enacted to safeguard the interests of debtors.
The process of recovering debts owed to a ...
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LATEST: China Shortens COVID Quarantine, Eases Flight Curbs
China’s State Council has announced 20 measures to in order to further optimize epidemic prevention and control work. Among them, we hereby highlight some of the major developments and the most important measures you should be aware of:►►►...
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A Practical Guide on Dormant Company Status in China (I) – How to Apply for Dormant Status?
Under the influence of the seemingly everlasting pandemic, companies in China that suffer business difficulties may consider seeking suspension of business operations so as to save costs for an interim period, rather than entering a liquidation procedure. In order to support business activities in such sensitive periods of time, the ...
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A Focus on the GBA: The Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance
On October 26th 2022, the Hong Kong Legislative Council passed the long-awaited The Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance (the MJREO). The MJREO implements the Arrangement on Reciprocal Recognition and Enforcement of Judgment...
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The Latest Reform of Family Law in Italy
After nearly 50 years since the last reform, dated 1975, a new reform of the civil law in Italy has been adopted. Law No. 206 of Nov. 26, 2021, which has been effective from June 22th, 2022 and deeply renews many points of civil procedural law in Italy, paying special attention to certain aspects of family law. Below, we will outline...
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Renewable energy and FDI in India
Introduction
After adopting the Paris Agreement at COP 21 in Paris, India has taken the pledge towards tackling climate change. Taking into account the commitment made to achieve the goal of 500 GW of renewable energy by 2030, the Indian government has taken the big leap to move from conventional forms of ...
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Investing in Vietnam’s Northern Key Economic Region: Focus on the Industrial Zones (IZs) of Hai Phong and Quang Ninh
Vietnam, thanks to its economic resilience, has emerged as a bright spot for foreign investors in the Asia Pacific Region, being listed by the Financial Times as one of the seven better performing economies this year, with an expected GDP growth rate of 7.2% in 2022. Socio-political stability, a young population, and cheap labour for...
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