Newsletters

Decrease of the corporate income tax rate to 28%

The standard corporate income tax rate fixed at 33.33% will progressively be decreased to 28%.

In 2017, only the SMEs which have less than 250 employees, and less than EUR 50 million turnover or balance sheet of under EUR 43 million benefit from the 28% on their profit first EUR 75,000 of taxable income.

Read full article

BREXIT – the EU Passport Opportunity for Malta

BREXIT – Britain’s momentous decision to leave the European Union has put into question what rights will British nationals and companies located in Britain have in relation to the European market? In particular, there is doubt whether the passporting rights pursuant to European directives will continue to apply.

Malta offers a number of advantages to individuals and companies looking for a secure and stable entry point into the European market.

Malta, a full EU member, has transposed all applicable EU directives into its domestic law, particularly in relation to the financial services sector, covering such areas as Funds, Investment Services, Pensions etc.

Added to which, Malta’s long term, special relationship with the UK, provides UK located individuals and businesses comfort in the face of the forthcoming Brexit changes.BREXIT – Malta’s Opportunity

Why Malta?

Read full article

The Dej-Udom & Associates ASEAN Thailand Newsletter for June 2016

ASEAN Economic Community News

RCEP Meeting
The 13th Regional Comprehensive Economic Partnership (RCEP) Trade Negotiations Committee meeting took place earlier this month. The committee wants to finalize the RCEP agreement in 2016 and plans to present the draft agreement to the heads of the RCEP’s 16 member countries at the annual ASEAN summit in September. Issues that need to be finalized include the liberalization of trade in goods, services, and investment, intellectual property rights laws, rules of origin, customs procedures, trade facilitation, sanitary and phytosanitary standards, technical barriers, electronic commerce, finance, telecommunications, and economic cooperation.

Read More

 

Read full article

LexUpdate: Changes in FDI Policy

In steps to further liberalise and simplify the foreign direct investment (“FDI”) regime in India and with the objective of providing major impetus to employment and job creation in India, the Government of India has announced sweeping changes to the FDI policy. It is stated that most of the sectors would now be under the automatic approval route except for a small negative list. The last 2 years have witnessed major FDI policy reforms in a number of sectors including in defence, insurance, broadcasting, single brand retail trading, manufacturing, civil aviation and asset reconstruction companies. Changes now introduced include increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment. Brief details of the changes are as follows:

Read full article

Overseas E-Commerce Companies to be Subject to Tax Deductions

  1. The Equalisation Levy:

Overseas E-Commerce Companies (“OECs”) such as Facebook, Google and Amazon generate substantial revenues from Indian online advertisers through digital advertising. Since these OECs do not have a Permanent Establishment (“PE”)1 in India, the revenue they generate is not taxable in India.

Read full article

The new federal Trade Secrets Act: A limited invitation to ex-parte seizures

On May 11, 2016, President Obama signed into law the Defend Trade Secrets Act (“DTSA”). This act, in effect, creates a federal trade secrets law with some interesting procedural aspects. For the first time in American jurisprudence, a federal trade secrets act permits litigants to prosecute and defend trade secrets or confidential information cases in a federal court, as opposed to a state court. The law finds its constitutional foundation under the commerce clause.

Why is this new law so important? Because it nullifies the many differences in the trade secrets laws of many states, and presents a uniform substantive and procedural vehicle that may be used in any federal court in any state in the Union.

Read More

Read full article

DEJ-UDOM & ASSOCIATES NEWSLETTER – APRIL 2016

The Dej-Udom & Associates Thailand-ASEAN Newsletter for April 2016

ASEAN Economic Community News

ASEAN+3 Financial Safety Net
Finance ministers and central bank bosses from the ASEAN member states and Japan, China, and South Korea agreed to enhance a regional financial safety net to prevent any crises and to help promote economic growth. To support regional economic and financial stability, the group plans to closely monitor capital flows and risks stemming from capital flow volatility and respond appropriately to the changing economic environment and financial market volatility. They also agreed to enhance the 2010 Chiang Mai Initiative Multilateralization scheme which provides credit liquidity in financial markets at times of unusual volatility.

Read More

Read full article

Peterka Partners – Newsletter 2016

Amendments to the Consumer Protection Act Alternative dispute resolution for consumer disputes Starting 1 February 2016, the Consumer Protection Act (“CPA”) newly regulates alternative dispute resolution for consumer disputes. In particular, this provides the consumer with the opportunity to resolve his/her rights arising from (among others) purchase agreements before the national authority. In the Czech Republic, the authority for disputes arising from purchase agreements is the Czech Trade Inspection Authority.

Furthermore, the act also brings with it the obligation of the trader to inform the consumer about the exact competent authority to arbitrate the particular consumer dispute. That information should be provided in a clear, comprehensible and easily accessible way. If the General Terms of Purchase are an obligatory part of the agreement, or if the trader operates its own website(s), such information must also be mentioned there.

Read More

Read full article

ILNQuarterly |First Quarter 2016

ILNQuarterlyHeader(6)View in full…

 

 

Read full article

KLA Newsletter – Direito Empresarial – Março 2016

CONVENÇÃO SOBRE A ELIMINAÇÃO DA EXIGÊNCIA DE LEGALIZAÇÃO DE DOCUMENTOS PÚBLICOS ESTRANGEIROS

Em 06 de julho de 2015 o Congresso Nacional aprovou o texto da Convenção sobre a Eliminação da Exigência de Legalização de Documentos Públicos Estrangeiros (“Convenção”). Subsequentemente, em 02 de dezembro de 2015 o Brasil apresentou ao Ministério das Relações Exteriores dos Países Baixos o instrumento de adesão à Convenção.

A adesão à Convenção tem como intuito reduzir significantemente o tempo e os custos para que os documentos públicos tenham validade tanto no exterior (nos países que participam da Convenção), quanto no Brasil, mediante eliminação de exigência de legalização diplomática ou consular de documentos públicos estrangeiros. A Convenção entrará em vigor para o Brasil, em relação aos Estados Contratantes que não se opuserem à adesão do país à Convenção, em 14 de agosto de 2016.

Read More

Read full article