Parent’s Leave Update August 2024
An increase in the amount of Parent’s Leave was expected this year following Budget 2024.
Expatriation of Employees: Understanding Companies’ Legal Obligations and the Rights Involved
The expatriation of employees is a common practice for companies looking to expand their operations abroad or meet international demands, becoming increasingly prevalent due to globalization.
The Conundrum of NBFC Loans Secured against Unlisted Shares
The Reserve Bank of India (“RBI”) through its notification dated April 10, 2015 (“RBI Notification”) amended Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions,
Hong Kong Investor Program: Your Questions Answered
Embarking on an investment journey in Hong Kong through the Capital Investment Entrant Scheme, commonly known as the Hong Kong Investor Program (“Program”),
Can an Employer Take Legal Action Against an Ex-Employee Who Directed Clients to Other Firms?
Introduction: In the UAE, employment relations are governed by Federal Decree-Law No. 33/2021 and its implementing regulations.
Insurance Considerations for Insurers and Businesses Following Heavy UAE Rainfall
Introduction: In light of the recent heavy rainfall in the UAE, both insurers and businesses must understand the legal framework outlined in Federal Law No. 5/1985 on Civil Transactions Law or Civil Code.
Child Custody for Non-Muslim Women in the UAE: Understanding the UAE Laws
Introduction: In the UAE, Federal Decree-Law No. 41/2022 on Civil Personal Status and Abu Dhabi Law No. 14/2021 on Civil Marriage have introduced significant reforms to ensure equality between men and women, particularly in matters of child custody.
Significant Reform in Tax Legislation with Law No. 7524 on Amendments to Tax Laws and Certain Laws and Decree Law No. 375
Law No. 7524 on the Amendment of Tax Laws, Certain Laws and Decree Law No. 375 (“Law No. 7524”), published in the Official Gazette on August 2, 2024, and made major reforms in tax legislation.
Creation of Special Tax Audit Unit under the Supervision of the General Department of Taxation
REGULATION AND OBJECTIVES OF SPECIAL TAX AUDIT UNIT On July 16, 2024, the Cambodian Prime Minister signed into law Sub-Decree No. 160 ANKr.BK, establishing a special tax audit unit under the supervision of the General Department of Taxation (GDT) within the Ministry of Economy and Finance.
New Cambodian Legislations regarding Commercial Advertisement of Alcoholic Products
On 23rd July 2024, the Ministry of Information issued the Prakas No. 084 PrK.Info, in order to determine the forms, procedures, and measures to govern the commercial advertisement of alcoholic products.