Amendments to Interest Rates for Commercial Transactions under Thai Law
Background On April 11, 2021, amendments to the Thai Civil and Commercial Code (the “TCCC”) came into effect in Thailand in the form of the Emergency Decree on the TCCC Amendments 2021 (the “TCCC Amendments”).
Thailand’s Transfer Pricing Regulations Update: Adjustment of Income and Expenses, and Threshold for the TP Disclosure Form
Since the fiscal year of 2019, companies or juristic person belonging to the same group (the “Related Companies or Juristic Partnerships”) are obliged to comply with the transfer pricing regulations set out under the new section 71 bis and section 71 ter of the Thai Revenue Code (the “TP Regulations”).
Proposed New Esports and Online Gaming Law Aimed at Addressing Heightened Concerns about Children’s Health
Over the past 30 years, the global gaming entertainment industry has experienced a significant and dynamic shift from offline to online gameplay.
Amendments to the Aircraft Registration Act: Key Observations.
Malta is an optimal jurisdiction for Aircraft Registration and many advantages come part and parcel with registering an aircraft in the Maltese islands[1]. On the 6th of June 2021, the President of Malta signed Act XXXVII of 2021 into law. The raison d’etre of this act aimed to amend several laws which relate to aircraft …
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THE PATH THAT UBER COULD TAKE
Collaborative online platforms such as the one used by Uber, and which are relatively new in our country, are being analyzed as a model to be applied in other countries in work contexts. However, it is important not to distort them or impose criteria imported to Peru without taking into account its impact on both …
Latest Legal Updates to Thailand 4.0
While Thailand slides deeper and deeper into economic crisis, the government’s national development plan “Thailand 4.0”, which was already launched in 2016, remains one of strategies for recovery and progress. Thailand 4.0 was implemented to enhance the worldwide competitiveness of Thailand’s business environment and drive the digitalization of its government to provide its citizens and …
Investors, Rentiers and Pensioners Attraction Law
Costa Rica passed legislation to place the country as a top destination with favorable residency and tax conditions to attract investors, rentiers and pensioners. Among the benefits that the law grants are:
THE EU COMMISSION PRESENTS NEXT STEPS IN THE SETTING UP OF THE JOINT CYBER UNIT
Background of the proposed changes The COVID-19 pandemic has boosted digitalization and digital interaction at all levels of European society. Along with increased interconnectivity, however, came greater vulnerabilities and threats from a cybersecurity perspective.
The New Concept of Family Ownership in Dubai
In the wake of progression by implementing new legislations, the Emirate of Dubai has promulgated a new law by virtue of Law number 9 of 2020 for regulating the Family Ownership (hereinafter referred to as the Law). The concept of Family Ownership is seemingly up to the minute and was issued to regulate and govern …
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Learn more about the Dubai New Law Allowing Heirs to Sell Their Inherited Properties
The principles of Shariah law in UAE govern the inheritance affairs of all the Muslims especially UAE nationals. Whereas, foreign expatiates whether Muslims or non-Muslims can apply the provisions of their home country law for property inheritance or other family matters. In any case, there are numerous vulnerabilities with respect to property inheritance issues. In …