Thailand Legislation Update: Amendment to the Public Limited Companies Act
On 23 May 2022, the latest amendment to the Public Limited Companies Act (No. 4), B.E. 2565 (2022) (the “PLC Amendment”) was published in the Government Gazette and it became effective on May 24, 2022. The PLC Amendment aims to facilitate public limited companies by allowing greater use of electronic communications in their business operations. …
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Myanmar Intellectual Department Expected New Trademark Law to Come into Force in March 2023
On January 12, 2023, the Myanmar Intellectual Property Department issued an announcement stating that the Trademark Law 2019, is planned to come into force in March 2023.
2023 Tax Return Filing in Thailand
The season for filing personal income taxes in Thailand has now arrived.
Building Bonds: The Mechanics of India’s Debut Sovereign Green Issuance
Introduction Last year, in India’s Union Budget for the present fiscal, the country’s finance minister had announced[1] that the Reserve Bank of India (“RBI”) would issue ‘sovereign green bonds’ (“SGrBs”) for the purpose of mobilizing resources for green infrastructure, and the proceeds from such bond issuance would be deployed in public sector projects to reduce …
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New amendments to the Romanian legislation in order to simplify the construction of photovoltaic parks
Starting with 13th of January 2023, important amendments were made to the Romanian Law no. 50/1991 on the authorization of construction works in Romania, simplifying the documentation for obtaining the building permit for photovoltaic parks in Romania for the development of renewable energy projects in Romania on agricultural land located outside the cities in Romania. Romanian …
How can a Ukrainian citizen buy an apartment in Romania?
It is important to note that Ukrainian citizens who wish to purchase an apartment in Romania can conclude a sale-purchase agreement for this purpose only under certain conditions. Pavel, Margarit and Associates Romanian Law Firm recomands contacting a specialized lawyer in real estate and construction law in Romania in order to assist Ukrainian citizens with …
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How to import tobacco products from a country outside EU to Romania?
Any company or entrepreneur who wants to import tobacco products from a country outside EU to Romania, raw tobacco or processed tobacco originating from its own import operations in Romania, from own intra-community acquisitions or from intern production, they must be authorized as an importer and have the quality of authorized importer of tobacco products …
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What is the procedure of cancelling a promissory note and appealing against enforcement in Romania?
Being a common financial payment instrument in the relations between professionals, promissory notes in Romania play an important role in discharging from the contractual obligation arising from the contract concluded between the two parties, with the purpose of guaranteeing the payment obligations in Romania. The biggest advantage of the promissory note in Romania is the quality of enforceable title in Romania. …
How to revise a construction contract and a subcontract agreement in Romania?
A contract of services and a subcontract agreement in Romania is a document that defines the terms of an agreement between a construction services provider in Romania and a customer who is requesting to perform a certain material or intellectual work in Romania, or to perform services activities in Romania, in exchange for a price. The Romanian …
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The Romanian Law firm Pavel Margarit and Associates provided legal assistance and representation to a Romanian citizen in a dispute concearning the appeal against a compensation decision issued by the National Real Estate Compensation Commission (C.N.C.I.), in order to establish the correct and objective value of the property , managing to obtain for him a higher value of the building compared to that calculated by the National Commission for Real Estate Compensation, namely, approximately 3,000,000 lei
The Romanian Law Firm Pavel Margarit and Associates provided legal assistance and representation to a Romanian citizen in a dispute concearning the appeal against a compensation decision issued by the National Real Estate Compensation Commission (C.N.C.I.), in order to establish the correct and objective value of the property.