Turkey: How to Change Company Type
Authors: Gönenç Gürkaynak Esq., Nazlı Nil Yukaruç and Irmak Yetim, ELIG Gürkaynak Attorneys-at-Law
The Management and Control Test: Taxation of Cyprus and Foreign Companies
INTRODUCTION With this publication, we shall explore the notion of management and control as this is applicable in Cyprus and affects the taxation of Cyprus and Overseas companies.
Exemption of Surcharge for Trademark Renewal and Patent Annual Fee for the year 2022
On 24 January 2022, Cabinet has approved Draft Ministerial Regulations in relation to the exemption of official surcharge fee of trademark and patent which the owner/holder will have to pay additional charges in case the trademark registration is not renewed and patent annual fee is not paid within the time stipulated by law. This aims …
EQUATORIAL GUINEA | 2022 General State Budget Law
Equatorial Guinea’s 2022 State Budget was enacted by way of Law 3/2021, of 3 December 2021.
PORTUGAL | Amendments to the Commercial Companies Code
Since December 2021, the Portuguese Commercial Companies Code (“PCCC”) has been subject to several amendments, namely in terms of the governance of commercial companies, the subtypes of public limited companies (by shares*), in terms of multiple-vote and corporate crimes and penalties.
PORTUGAL | GDPR Fines Tracker – Cookies: 210m€ Fine Imposed to Google and Facebook
The French Data Protection Authority fines Google (150M euros) and Facebook (60M euros) due to non-compliance with cookies regulation.
PORTUGAL | Contribution on Single-Use Plastic Packaging
Ministerial Order no. 331-E/2021, of 31 December, was published, regulating the contribution on single-use packaging made of plastic or aluminium purchased in ready-to-eat meals, provided for in article 320 of Law no. 75-B/2020, of 31 December, which approved the State Budget Law for 2021.
PORTUGAL | Climate Framework Law
Law 98/2021 laying down the foundations of climate policy was published on 31 December 2021 and comes into force on 1 February.
PORTUGAL | New Legal Framework for the National Electricity Sector Dl 15/2022, of 14 January 2022: Electricity Generation
Decree-Law no. 15/2022, of 14 January 2022 (“DL 15/2022”) was published on 14 January. The act was approved following a public consultation period that included over 160 contributions from players of the energy sector. DL 15/2022 consolidates different electricity sector frameworks foreseen in scattered legislation, while also reviewing and clarifying certain aspects that were raising …
PORTUGAL | General Whistleblower Protection Framework
Law 93/2021 establishing the general whistleblower protection framework (“RPDI”) and transposing Directive (EU) 2019/1937, of 23 October 2019, on the protection of persons who report breaches of Union law (“Directive”), was published December 20, 2021.