The Legal 500

Anderson Lloyd

Offices

  • Auckland
  • Christchurch
  • Dunedin

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Recent Amendments to Montenegrin Tax Legislation

    The Montenegrin Parliament recently enacted the new Law on Tax on Coffee and amendments to the Law on Value Added Tax, the Law on Real Estate Tax, the Law on Tax Administration and the Law on Mandatory Social Security. The purpose of these changes is to clarify existing provisions of these tax laws in order to improve their enforcement and to better control the tax liabilities of non-resident taxpayers. Changes to the Law on Real Estate Tax have introduced higher taxes, but also tax benefits aimed at stimulating the development of high-end tourism in Montenegro.
  • Law on Expropriation

    The main legislation related to the expropriation is the Law on Expropriation numbered 2942 and dated 04.11.1983. (" LoE ") In order to conduct the public services the administrations can expropriate the real estates, resources and easement rights provided that their values are paid in cash or installments.
  • Romania: 088 Form - The VAT Registration Russian Roulette

    14 April 2015 | legal insights
  • EU: ECJ rules on exploratory drilling for natural gas and mineral oil

    22 April 2015 | legal insights
  • Business in Nicaragua- The Most Important Changes in the Recent Tax Reform

    In recent years, the country ́s the government has been committed to improving Taxation in Nicaragua and attempting to follow the legislative model used by some of the other countries in the region. Starting January 1st, 2013, a new tax law (Law No. 822, Tax Concertation Law) came into force in and completely changed the taxation system in Nicaragua. Two years later a new law was issued by the National Assembly containing more than 80 amendments, additions and repeals (Law No 891) which came into force December 18th, 2014.
  • Turkey: The Prime Minister of Turkish Republic has Announced the Economic Incentive Package

    On 2 April 2015, Turkey’s Prime Minister Ahmet Davudoğlu announced a 11-step new incentive package to secure investment financing for the country. The incentive package aims at promoting employment, industrial investments and real economic growth. read more...
  • Installment Sales

    The Regulation About Installment Sales ( "The Regulation" ) entered into force by being published in the Official Gazette on 14 th  January 2015. Although the title is 'installment sales'; the main subject of the Regulation is financial leasing agreements. It is important to be careful not to confuse the installment sales with the prepaid sales. In prepaid sales the buyer have the possession of the sold movable property after completing the payment. However in installment sales the buyer gets the property immediately and then makes the payment. Moreover the sales made by credit cards are not the subject of this Regulation.
  • The Principles And Procedures To Apply To Factoring Transactions

    The Banking Regulation and Supervision Authority ("BRSA") of Turkey published the Regulation on the Principles and Procedures to Apply to Factoring Transactions (the "Regulation") in the Official Gazette on February 4, 2015.
  • Trademark Pledge

    Trademark pledge is one of pledge types on movable assets. Decree Law No. 556 dated 1995 Concerning to the Protection of Trademarks ("TDL") allows pledging the trademark and refers to the Turkish Civil Code ("TCC") for detailed regulations. Although a regulation exists, the trademark pledge is not frequently applied in Turkey and there are some loopholes that need to be clarified during the application of trademark pledge. The applicability will increase in the same direction with the value of the local trademarks of the country.
  • Unfair Competition

    Unfair competition is regulated in the Turkish Commercial Code ("TCC") Law No: 6102 and the Competition Law On the Protection of Competition ("The Competition Law"), Law No: 4054.