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Baker McKenzie

100 NEW BRIDGE STREET, LONDON, EC4V 6JA, ENGLAND

Tel:: Work 020 7919 1000
Fax:: Fax 020 7919 1999
DX:: 233 LONDON CHANCERY LANE WC2

Email:

Web:: www.bakermckenzie.com; @bakermckenzie

Abu Dhabi, Almaty, Amsterdam, Antwerp, Bangkok, Barcelona and 71 more

Jukka Karjalainen

Tel:: Work +44 20 7919 1560
Email:

Web:: www.bakermckenzie.com/en/people/k/karjalainen-jukka

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Please visit https://www.bakermckenzie.com/en/people/k/karjalainen-jukka to know more about our lawyers.

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Baker McKenzie LLP

The New Turkish Code of Obligations: Important Changes for Leases of Residential & Business Premises

For decades, the primary Turkish laws governing leases of residential and business premises have been the Law on Leasing Real Property dated May 27, 1955 (the “Lease Law”) and the Turkish Code of Obligations No. 818 dated April 22, 1926 (the “Obligations Code”). Both of these laws, however, will be repealed and replaced with the new Turkish Code of Obligations No. 6098 dated January 11, 2011 (the “New Obligations Code”), which will enter into force on July 7, 2012.

- Esin Attorney Partnership

Legal Developments in London

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THE FIFTH MONEY LAUNDERING DIRECTIVE AND THE UK

With the UK government’sconsultation period on the European Union’s Fifth Money Laundering Directive coming to an end, AzizRahman outlines the Directive's likely effect.

- Rahman Ravelli Solicitors
TAKING THE RIGHT STEPS TO ENSURE YOU DO NOT COMMIT THE OFFENCE OF FAILURE TO PREVENT THE FACILITATIO

Nicola Sharp outlines what needs to be done to avoid thefailure to prevent offence that was introduced by the Criminal Finances Act.

- Rahman Ravelli Solicitors
THE RIGHT WAY TO REPORT A COMPANY’S FAILURE TO PREVENT THE FACILITATION OF TAX EVASION

Self-reporting such a failure can be used as part of thecompany or partnership’s reasonable procedures defence if it is charged with anoffence. It can also be taken into account by prosecutors when making adecision about whether to prosecute and can be reflected in any penalties thatare imposed

- Rahman Ravelli Solicitors
UNEXPLAINED WEALTH ORDERS: THEIR POTENTIAL AND THE RIGHT WAY TO RESPOND IF FACED WITH ONE

Aziz Rahman considers why we may see an increase inunexplained wealth orders (UWO’s) and the implications for law enforcement and individuals.

- Rahman Ravelli Solicitors
The legal difference between a consultant and an employee according to Nicaraguan Law

Knowing the legal difference between a consultant and an employee is important for a company that needs to hire someone in Nicaragua or for a person interested in rendering services for a company or another person, due to the fact that the nature of the contractual relationship will determine many factors that both parties must be aware of before executing the contracting modality that will govern the relationship between them - the nature of the contractual relationship impacts on the employment benefits, tax implications and liabilities that the parties must comply with according to the law. labor_law_in_nicaragua

- Alvarado y Asociados
Single director - shareholder Companies according to the Nicaraguan legal system

What is a Single Shareholder and Director legal entity?

- Alvarado y Asociados
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.

- Alvarado y Asociados