Government-Subsidized Loans for SMEs In Italy: Updates on the New Sabatini Measure
The Italian Ministry of Economic Development, in line with its general policies to support businesses and in account of the impact of the pandemic, has ordered, with its Decree dated July 2nd 2021, the reopening of the counter for the submission of applications to obtain subsidies for investments in "Instrumental Assets", ...
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Opening Representative Offices of Foreign IT Companies in Russia
The Russian authorities have outlined their initiative to allow foreign IT companies the opportunity to register subsidiaries or representative offices in Russia and pay taxes within the territory of the Russian Federation. At the same time, foreign social networks, content and gaming services will have access to the format of "digit...
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The Renewable Energy Sector Of India
Introduction
The renewable energy sector of India has been ranked as the third most attractive renewable energy market in the world by the 57th Renewable Energy Country Attractiveness Index released by Ernst and Young. With the second largest population in the world, India will have an energy demand of ...
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Customs Conditions for Export Processing Enterprises
The recent Decree No. 18/2021/ND-CP (“The Decree”) amends a number of articles of the previous Decree No. 134 of 2016, detailing the provisions and measures to implement the Law on Import Duty and Export Duty. Throughout the almost 5 years of implementation, customs authorities and private organizations involved in import and exp...
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The Revised Copyright Law: Meeting the Demands of the Times
On June 1, 2021, the revised copyright law went into force. Over the past ten years, the three revised amendment is clearly committed to developing a new law compatible with the digital economy and reality, focusing on the world and the future. The new CL fully strengthens the protection of copyright owners and creators under the New...
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INVESTMENT OPPORTUNITIES IN THE AI SECTOR OF THE UAE
In the past two decades, the augmentation in the Artificial Intelligence (‘AI’) and advanced disruptive technologies sector has played a key role in upscaling the social and economic development in the United Arab Emirates (‘UAE’). The AI sector of UAE has vectored a myriad of advanced projects such as the creation of Dubai I...
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Employment Protection in Italy: The Extension of the Prohibition of Dismissal Period
The Italian National Institute of Statistics (ISTAT), in a recent report published in April, brought about a worrying picture of the employment figures in Italy, with particular reference to the health crisis, revealing a dramatic loss of 945,000 units (in terms of those employed) in comparison between February 2021 and February 2020...
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Trading Wine in Vietnam: Why and How to Proceed
Vietnam is one of the countries with the largest alcohol consumption in the world. According to research conducted by the Lancet Medical Journal in the United Kingdom, the rate of alcohol consumption in Vietnam grew by up to 90% in the period 2010 - 2017. Currently, Vietnam is ranked 3rd in ASEAN for alcohol consumption and in 2020, ...
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The Programs to Support Russian Exports in 2020-2021
The importance of foreign trade relations for the Russian economy cannot be overestimated. In the era of globalization and booming competition, any state understands the need to provide comprehensive assistance to its exporting companies at all stages of the export cycle, from the study of foreign markets, the search for a target seg...
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DRONE LAW 2021 OF INDIA: A NEW DAWN?
INTRODUCTION
In recent years, the commercial market for Unmanned Aircraft Systems (“Drones/UAS”) has witnessed a substantial growth in India. This Indian market is expected to become a $900 million dollar industry by the end of 2021, accounting for approximately 4% of the $21.50 billion global drone market. No...
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