The EU versus COVID-19: The Recovery Fund
On July 21st , at the end of a long negotiation between European heads of state (in particular between the southern states and the "frugal" countries), the European Council launched a historic aid package to deal with the economic shock caused by the Coronavirus emergency. The measure approved by the Council marks an hi...
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How Will PERSONALITY RIGHTS OF THE CIVIL CODE Influence a Company’s Employee Management?
As previously introduced, the Civil Code of the People's Republic of China (hereinafter referred to as “Civil Code”) was approved by the National People’s Congress of the People’s Republic of China on May 28th, 2020, which will come into force on January 1st , 2021.
In the Civil Code, one uni...
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Receive Dividends from Russia
Generally, one of the main concerns of foreign investors in Russia is the transfer of funds out of the country, most frequently in regards to dividends transfers. To be clear on this point, the payment of dividends by a Russian company to a foreign shareholder is subject to taxes, but is not generally restricted by Russian la...
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Case Study on Enforceability of Non-Compete Clauses under Indian Laws
Facts
In 2018, Mr. Amit Kumar, joined Mobile India, an electronics manufacturing company in Mumbai, India as the Plant Manager. Under his employment agreement with Mobile India, Mr. Amit Kumar could terminate his employment after serving a notice of 2 months. The employment agreement also included a provisi...
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Chopping Documents with a Vietnamese Company Seal
In Vietnam, company seals are deemed as the personal signature of the company and are used to certify the nature of documents and prove their official origin. They are mainly used for transactional documents of a company or any other official document. A company shall take the responsibility for the content and use of its seals. A se...
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Mark the date! China’s “Civil Code Era” Has Arrived!
On May 28th this year, the third session of the 13th National People's Congress held its closing session in the Great Hall of the People, and the People's Republic of China's Civil Code was passed by a vote and will become effective from January 1st, 2021.
Sourcing the origin of the Civil Code, the very beginning of the use of the...
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Italy: Latest Updates on Incentives, Employment and Taxation
On July 14th, the new Decree of the President of the Council of Ministers entered into force (henceforth referred to as DPCM 14/07) introducing "Urgent measures to contain the contagion on the whole national territory". The adoption of the aforementioned DPCM, in reality, has become necessary in order to extend the expiry of the rule...
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Latest Updates on D’Andrea & Partners Webinars and Seminars
An intense month of events and webinars is about to conclude as D’Andrea & Partners Legal Counsel continues to showcase its caring and supportive attitude towards business needs in each country where its presence is marked.
On June 18th and 19th, Donatella Laureti from our Pescara Office he...
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Lessons from Tencent vs. Laoganma: 3 Tips for Verifying the Identity of the Other Party When Signing a Contract
Recently, the plot surrounding the contractual dispute between Tencent Inc., one of China’s tech giants, and Laoganma, a leading food company famous for its chili sauce products, has gone back and forth many times.
Two weeks ago, Tencent sued Laoganma asking the court to freeze 16.24 million yuan of bank deposits or equivalent p...
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SEZ as an Open Door to CIS countries: Kazakhstan
We shall continue our series of articles discussing the major benefits your business may obtain from the Special Economic Zones (SEZs) of the CIS countries. In previous articles we presented overviews for the SEZs of and , we are now moving on to our next and final destination, Kazakhstan.
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