The Legal 500

Legal Developments worldwide

• THE VAT E-COMMERCE PACKAGE

  A. INTRODUCTION   The VAT E-commerce Package adopted by the Council on the 5th of December 2017 includes several changes that will be gradually implemented, some changes will be effective as from the 1st of January 2019 and the rest as from the 1st of January 2021.
  - Kinanis LLC

• Doing business in Ukraine: turning point for the currency control in Ukraine

  One of the most hotly discussed topics in 2019 is currency control liberalization in Ukraine.The currency control liberalization was one of Ukraine’s priorities under the EU-Ukraine Association Agreement. At the beginning of 2019 the National Bank of Ukraine (hereinafter the “NBU”) approved and promulgated all long-awaited regulations, serving as the basis for a new liberal system of foreign currency control. The new currency control system will be launched on 7 February 2019, the same day as the Law of Ukraine  On Currency and Exchange Transactions  becomes applicable. The changes are aimed at deregulation, facilitating cross-border transactions with foreign currency and expanding the list of available foreign currency transactions.
  - DLF attorneys-at-law

• New Long Term Residency Visas

  After much media coverage, Cabinet Decision 56 of 2018 (the Decision ) has been gazetted which introduces new long term residency visas to, amongst others, four categories of persons in the UAE. 
  - Afridi & Angell

• Significant Changes to Civil Procedure Code

  Significant changes to Federal Law No 11 of 1992 (the Civil Procedure Code ) will soon be coming into effect. These changes are introduced through regulations (the Regulations ) issued under the Civil Procedure Code and will come into effect on 16 February 2019.
  - Afridi & Angell

• Merger Clearance Matters

  The United Arab Emirates (the UAE ) promulgated legislation to specifically address the regulation of competition (being Federal Law 4 of 2012, or the Competition Law ) several years ago but until recently, it has been the case that the requisite implementing regulations and processes were not in place. This is no longer the case. Not only have the much anticipated implementing regulations been issued, the UAE Ministry of Economy (the Ministry ) (being the regulator in charge of administering the UAE competition regime) has now formed the required committee and issued the anticipated guidance and forms to allow concerned parties to make merger clearance submissions to the Ministry where required to do so pursuant to the Competition Law. 
  - Afridi & Angell

• Korean TR, Finally and Officially Coming Soon

  Korean TR, Finally and Officially Coming Soon
  - Lee & Ko

• Key Changes to Korean Labor Standards Act in 2019

  Key Changes to Korean Labor Standards Act in 2019
  - Lee & Ko

• fwp helps find a new mega arena location

  fwp helps find a new mega arena location
  - Fellner Wratzfeld & Partners

• Direction of Financial Regulatory Environment of Korea in 2019: Legislation Supporting Financial Inn

  Direction of Financial Regulatory Environment of Korea in 2019: Legislation Supporting Financial Innovation and Reform of Supervisory System
  - Lee & Ko

• WORLD SHIPPING LAW FORUM, ATHENS JANUARY 2019

  Stelios Americanos & Co LLC, participated in WORLD SHIPPING LAW FORUM in Athens that has taken place on the 25th January 2019. The conference took place at N.J.V. Athens Plaza.
  - Stelios Americanos & Co