Cross-border disputes require Comprehensive Cross-border Legal Expertise as well as Cultural Knowledge to read the signs in Negotiations
In the ever-increasing commercial globalisation, businesses not only face the prospect of cross-border disputes, during the course of which they must also tackle divergent jurisdictions and legal systems, regulatory variations and not infrequently a language barrier.
Changes in the Italian Civil Code affecting the criteria for Italian Citizenship obtained by descent through the female line
Italian citizenship can be obtained by a variety of routes, one of which is through descent, jus sanguinis, where an individual can rely on their Italian forefathers for the right to become an Italian citizen. There are fundamental differences between the male and female line when relying on obtaining Italian citizenship by descent, however, this situation …
Employment Agreement /Contract versus Collaboration Agreement /Contract in Romania
Whenever you need a service to be provided as an independent activity, you can choose to conclude a collaboration contract/agreement despite of an individual employment agreement/contract in Romania, regarding the tax differences between those two. The law firm Pavel, Mărgărit and Associates recommends using a lawyer specialized in labor and tax law who can draft the contract/agreement/contractual clauses so that the …
Upcoming Changes to the Copyright Act
The Copyright Bill (“Bill”), which repeals and re-enacts the Copyright Act (“Act”), was introduced in Parliament on 6 July 2021 and passed on 13 September 2021. It is expected to take effect in November 2021.
The UAE’s new corporate tax moves the country into the global champions league
Effective June 2023, the new tax scheme will see the country continue to be a major player on the international scene.
Digital Finance: Current Issues and Laws
Financial Metaverse Platform and Legal Considerations
Confusion and changes to the Brazilian State Goods and Services Tax (ICMS) in early 2022: how a ruling by the Supreme Court created a new and unconstitutional law in Brazil
As many readers may know, taxes are not straightforward anywhere in the world but this is particularly true in Brazil and even more so when one looks at Brazil´s indirect taxation on sales and goods, the “Imposto sobre Operações relativas à Circulação de Mercadorias e sobre Prestações de Serviços de Transporte Interestadual e Intermunicipal e …
Secured Overnight Financing Rate (“SOFR”) in Arrears or Term?
Background SOFR is a risk-free reference rate (“RFR”) selected as the rate for usage in certain United States Dollar (“USD”) derivatives and other financial contracts, by the Alternative Reference Rates Committee (“ARRC”) of the Federal Reserve Bank of New York (“NY Fed”) in the year 2017. It is the preferred alternative to USD LIBOR.
What Are the New Laws for Donations & Charity Funds in The UAE?
The United Arab Emirates has revamped its laws relating to charitable donations and funds constitution. The new law, namely, the Federal Law No. 3 of 2021 concerning the Regulations of Fundraising and Donations (the ‘new law’), aims to regulate all charity funds and imposes restrictions and stricter control measures. For instance, the new law imposes …
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What are the consequences of breaching a non-disclosure agreement between private entities in the UAE?
In simple terms, a non-disclosure agreement (commonly referred to as an ‘NDA’) constitutes a written agreement between two parties or entities, wherein one party prohibits the other from sharing any confidential information exchanged between them, or such prohibition can be mutually applicable to both the parties. In essence, thus, an NDA protects confidential information from …