Legal Regulatory Framework for Logistics Services in Malaysia
Introduction Logistics services refer to a supply chain management process that plans, implements and controls the efficient and effective flow and storage of goods, services and related information between the points of origin and consumption in order to meet customers’ requirements.
BİRLEŞME BÖLÜNME TEBLİĞİ’NDE YAPILAN DEĞİŞİKLİK HAKKINDA
Mevcut BİRLEŞME BÖLÜNME TEBLİĞİ (II-23.2) amacı, 1.ve 2.maddelerinde düzenlendiği üzere, taraflardan en az birinin halka açık ortaklık oldıığu birleşme ve bölünme işlemlerinde uygulanacak usul ve esasları belirlemektir. Bu çerçevede Tebliğ, halka açık anonim ortaklıkların sermaye şirketleri ile, (devralan olmak kaydıyla) şahıs şirketleriyle ve kooperatiflerle birleşme işlemlerini; ayrıca halka açık anonim ortaklıkların taraf olduğu bölünme işlemlerini …
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NFDI Provides Update Regarding Notification Forms
The National Foreign Direct Investment Screening Office (“NFDI Office”) was set up in Malta, in order to implement the provisions of EU Regulation 2019/452. On the 14th of October 2020, the NFDI Office published a Circular on its website whereby it notified Corporate Service Providers that Notification Forms must only be submitted to the NFDI Office …
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CHANGES TO THE ROMANIAN PHARMACY LAW
Introduction Pharmacy Law no. 266/2008 (the “Pharmacy Law”) was recently amended by Law no. 243/2020 approving the Government Ordinance no. 4/2018 amending and supplementing the Pharmacy Law no. 266/2008 which was published in the Official Gazette of Romania no. 1042 (“Law no. 243/2020”). The new amendments entered into force on November 9, 2020.
Impact of COVID-19 pandemic on Shipping
The COVID-19 pandemic still rages unabated in April 2020, ravaging and affecting lives, businesses, individuals and industries worldwide in many ways that will change the world forever1. The International Labour Organization predicts that as many as 25 million jobs worldwide could be wiped out by a worldwide recession brought about by the pandemic2. In many …
COVID-19: The Threat to Insolvency – Options to SMEs
Introduction The COVID-19 pandemic is creating significant health, social and economic challenges worldwide. The impact of this outbreak has raised many concerns in Malaysia especially for Small and Medium-sized Enterprises (“SMEs“) as there is a real risk of insolvency since business is limited due to the closure of premises during the Movement Control Order imposed …
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COVID-19: The impact of extraordinary circumstances on contractual performance
Due to the ongoing pandemic, we would like to present some of the provisions of the Polish legal system allowing to modify agreements or enabling exemption from liability for their non-performance or improper performance due to changes in widely understood social and economic relations, and the so-called force majeure. However, in order to assess the …
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Removal of Three Restricted Businesses under Thailand’s Foreign Business Act
The MOC has finalized the draft ministerial regulation that will classify each of the following businesses as an Exempted Business (the “Draft Regulation”):
Taxing Bossku: The Legal Issues Arising from Dato’ Seri Najib Razak’s Tax Case
1. Introduction 1.1 While the verdict of Dato’ Seri Najib Razak’s (“DSNR”) criminal trial on various charges relating to SRC International was handed down in the last week of July 2020, tax professionals are looking at the tax recovery action against the former Malaysian Premier.
DAC6 – Mandatory disclosure of reportable cross-border arrangements
Introduction On 25 May 2018, the EU Council issued Directive 2018/822/EU, which amends Directive 2011/16/EU on mandatory automatic exchange of information, in relation to reportable cross-border arrangements. Commonly known as DAC6, its purpose is to facilitate the obtaining and the automatic exchange of comprehensive and relevant information between the tax authorities of Member States about …
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