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  • Article

    New Updates In Employment And Labour Law In Romania – November 2022

    The November issue of our newsletter, put together by our Bucharest Employment and Labour law team, provides overview of new related regulations and developments in Romania, namely...
    RomaniaEmployment and HR
    Kinstellar
    Kinstellar
  • Article

    Preferential Loans Part Of Government Package To Mitigate The Impact Of The COVID-19 Pandemic

    On 10 April 2020, as part of a wider package of economic measures aimed at mitigating the negative impact of the COVID-19 pandemic, the Serbian government adopted the "Decree on Determining the Program of Financial Support for Commercial Entities.
    SerbiaCoronavirus (COVID-19)
    Kinstellar
    Kinstellar
  • Article

    New Ukrainian Bankruptcy Code. The Finance And Debt Restructuring Perspective

    The Code replaces the Act of Ukraine on Renewal of Debtor's Solvency or Declaring It Bankrupt dated 14 May 1992 that applied previously.
    UkraineInsolvency/Bankruptcy/Re-Structuring
    Kinstellar
    Kinstellar
  • Article

    Spotlight On Uzbekistan: Kinstellar's Regular Look At The Uzbek Market - August 2019

    The Law on Personal Data ("Law") No. ZRU-547 was signed by the President on 2 July 2019. It will come into force on 1 October 2019.
    UzbekistanPrivacy
    Kinstellar
    Kinstellar
  • Article

    Business Alert: Key Amendments To The Bulgarian Whistleblowing Act

    On 9 May 2025, the Bulgarian State Gazette published important amendments to the Bulgarian Whistleblowing Act, further aligning the national legal framework with Directive (EU) 2019/1937...
    BulgariaEmployment and HR
    Kinstellar
    Kinstellar
  • Article

    Нове Правове Регулювання У Сфері Вибухових Речовин І Боєприпасів В Україні

    16 липня 2025 року Уряд України ухвалив Постанову No. 902, якою затверджено Порядок виробництk
    Czech RepublicGovernment, Public Sector
    Kinstellar
    Kinstellar
  • Article

    Subject To Tax Rule (STTR) Is Coming: What Businesses Need To Know About The New Treaty-based Taxing Right

    The OECD's Subject to Tax Rule (STTR) is being implemented through a Multilateral Convention, allowing source countries to impose additional taxation on cross-border payments between related parties when taxed below 9%. This treaty-based mechanism will reshape international financing, licensing, and service arrangements for multinational groups.
    Czech RepublicTax
    Kinstellar
    Kinstellar
  • Article

    A Temporary Stop To Land Transfers In Romania? The Humble Soil Quality Certificate

    While market's attention has been drawn to the new pre-emption rights and the like introduced by the government to curtail sales of agricultural land, a far more ominous legislative change...
    RomaniaReal Estate and Construction
    Kinstellar
    Kinstellar
  • Article

    ANAF Order 827/2026: New Advance Pricing Agreement Procedure In Romania And Main Changes

    Order 827/2026 issued by Romania’s National Agency for Fiscal Administration (ANAF) approves a new procedure—including detailed application requirements—for issuing and amending Advance Pricing Agreements (APAs).
    RomaniaTax
    Kinstellar
    Kinstellar
  • Article

    Key Fiscal Updates In Romania: Government Emergency Ordinance No. 22/2025 On The VAT Regime

    September 2025 – The Romanian government has adopted GEO No. 22/2025 introducing significant amendments to Romanian VAT legislation and directly affecting small enterprises and VAT registration procedures.
    RomaniaTax
    Kinstellar
    Kinstellar
  • Article

    Transfer Of Licenses In The Context Of Asset Privatisations In The Mining Sector

    June 2018 – The current Serbian privatisation framework was established in August 2014 through the adoption of a new privatisation law ("Privatisation Law") ...
    SerbiaEnergy and Natural Resources
    Kinstellar
    Kinstellar
  • Article

    Uzbekistan Introduces Amendments To Banks' Capitalisation Requirements And Liberalises Access To Their Ownership By Non-residents

    On 19 April 2023, the President of Uzbekistan signed law No. ЗРУ-831, which came into force on 20 April 2023 and introduced changes to the law "[o]n banks and banking activities" (the "Amended Banking Law").
    UzbekistanFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    Crucial Changes To Czech UBO Register Legal Framework – Sanctions Apply From 1 June 2021

    February 2021 – The Czech parliament has recently passed a new Act on UBO Register, no. 37/2021 Coll. (the "New UBO Act") effective from 1 June 2021
    Czech RepublicCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Spotlight On Uzbekistan: Kinstellar's Regular Look At The Uzbek Market - November 2021

    On September 14, 2021, the President of Uzbekistan signed the Decree No. УП-6313 "[o]n fundamental improvements in contractual relations" (the "Decree"). According to the Decree...
    UzbekistanTax
    Kinstellar
    Kinstellar
  • Article

    The REPowerEU Plan: European Commission's Communication For A Joint European Action For More Affordable, Secure And Sustainable Energy And What It Means For Romania

    The Communication outlines the need for a REPowerEU plan meant to address the EU's need for energy independence, given the current geo-political context.
    RomaniaEnergy and Natural Resources
    Kinstellar
    Kinstellar
  • Article

    Practical Note: The Development Of The Banking Sector Within The Astana International Financial Centre (AIFC)

    Since its establishment, the AIFC has generated significant interest by developing its financial services sector, particularly in banking.
    KazakhstanFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    Two-Minute Recap Of Competition Law Matters Around The Globe – May 2023

    As noted in our previous recap, the UK's Competition and Markets Authority (CMA) decided to block Microsoft's USD 68.7 billion acquisition of US video game holding company Activision Blizzard...
    TurkeyAntitrust/Competition Law
    Kinstellar
    Kinstellar
  • Article

    Alternative Distribution Models In The Automotive Sector: Consumer Protections And Liabilities

    Alternative distribution models based on direct sales to consumers can be carried out with the varied involvement of traditional dealers.
    GlobalConsumer Protection
    Kinstellar
    Kinstellar
  • Article

    Category Management Agreements: Belgian Competition Authority Issues Landmark Decision In Cartel Case Involving Anti-Competitive Arrangements For The Placement Of OTC Medicines In Pharmacies

    April 2025 – On 24 April 2025, the Belgian Competition Authority ("BCA") announced that it had imposed fines...
    RomaniaAntitrust/Competition Law
    Kinstellar
    Kinstellar
  • Article

    Dive Into The Latest Competition Law Updates In Romania

    In the first quarter of 2025, the Romanian Competition Council ("RCC") published several significant decisions, launched new investigations, and imposed fines...
    RomaniaAntitrust/Competition Law
    Kinstellar
    Kinstellar

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