Poland: Corporate Taxation Changes
(Nov. 25, 2013) Poland’s Parliament (Sejm) voted on November 8, 2013 to approve a proposed law amending the Corporate Income Tax Act. It will become effective 30 days after it is approved by the...
View ArticleChina: Company Law Revised to Remove Registered Capital Requirements
(Mar. 12, 2014) On December 28, 2013, the Sixth Session of the 12th Standing Committee of the National People’s Congress of China made a decision to revise the Company Law of the People’s Republic of...
View ArticleOHADA: Revised Uniform Act on Companies
(Mar. 14, 2014) The Council of Ministers of the Organization for Business Law Harmonization in Africa (Organisation pour l’Harmonisation en Afrique du Droit des Affaires, OHADA) adopted a...
View ArticleIreland: New Companies Act Takes Effect
(June 19, 2015) On June 1, 2015, the Companies Act 2014 took effect in Ireland. (Companies Act 2014, No. 38/2014, IRISH STATUTE BOOK.) This is the largest piece of legislation ever enacted in Ireland,...
View ArticleUkraine: New Law on TV Ownership
(Oct. 7, 2015) On September 3, 2015, the Verkhovna Rada (legislature) of Ukraine passed a Law that introduces detailed definitions of ownership and interest in television and other broadcast companies,...
View ArticleVietnam: Reduction in State Holdings of Businesses Being Considered
(Mar. 22, 2016) Vietnam’s Ministry of Planning and Investment (MPI) is considering issuing a decision that would change the status of some state-owned enterprises (SOEs) and open some industrial...
View ArticleIndonesia: Capital Requirement for Starting a Business Reduced
(Apr. 8, 2016) On March 21, 2016, Indonesia’s President, Joko Widodo, signed into effect a regulation changing the requirement for starting a business in the country. The previous requirement that any...
View ArticleIndonesia: Updated Rules for Ride-Sharing Businesses
(Sept. 7, 2016) Indonesia has decided to permit car-hailing businesses that operate through online applications to work in the country, resolving a previous dispute over the business model of the...
View ArticleIsrael: Representation of Haredi and New Immigrants in Public Service and on...
(Dec. 21, 2016) On December 12, 2016, the Knesset (Israel’s parliament) passed the Law for Proper Representation of Members of the Haredi Population and of New Immigrants in Public Service...
View ArticleArmenia: Relocation of Legal Entities Introduced
(Feb. 2, 2017) On December 17, 2016, legislative amendments on re-domiciliation of foreign companies to Armenia came into effect. (Law No. 207-N of Nov. 17, 2016, OFFICIAL GAZETTE, No. 88 (Dec. 7,...
View ArticleJamaica: Amended Companies Law Requires Transparency
(May 30, 2017) On May 17, 2017, the Jamaican House of Representatives reportedly passed the Companies (Amendment) Act, 2017. (An Act to Amend the Companies Law (Amendment Act), 2017, Jamaica House of...
View ArticleSaudi Arabia: Bankruptcy Bill Expected to Be Implemented in 2018
(Nov. 2, 2017) On September 21, 2017, the Saudi Minister of Commerce and Investment, Majid al-Qasabi, announced that the Ministry had referred to the Shura Council (a 150-member legislative advisory...
View ArticleGermany: Islamic Umbrella Organizations Ruled Ineligible to Teach Religious...
(Feb. 27, 2018) In a decision published on January 10, 2018, the Higher Administrative Court of North Rhine-Westphalia (OVG NRW), the highest state court in administrative law matters, held that the...
View ArticleItaly: Code to Regulate Nongovernmental Organizations
(Oct. 4, 2017) On August 3, 2017, the new Code of the Third Sector entered into effect in Italy. The new Code is part of a broader reform of the “third sector”—organizations such as associations,...
View ArticleGermany: Federal Administrative Court Allows Cities to Ban Diesel-Fueled...
(Mar. 28, 2018) On February 27, 2018, Germany’s highest administrative court, the Federal Administrative Court (Bundesverwaltungsgericht, BVerwG), held in two not-yet-published decisions that older and...
View ArticleIran: IMF Evaluates Iran’s Legislative and Institutional Efforts to Combat...
(Apr. 13, 2018) In its March 2018 report assessing the economic situation in Iran, the International Monetary Fund (IMF) found that Iran had made progress in reforming its policies on combating money...
View ArticleUnited Arab Emirates: Parliament Passes New Law Regulating Volunteer Work
(May 17, 2018) On April 19, 2018, the Federal National Council (Federal Parliament) of the United Arab Emirates (UAE) passed a new law regulating volunteer work in the country. The law applies to...
View ArticleEgypt: Parliament to Finalize NGO Law Amendments in March
(Jan. 29, 2019) On January 16, 2019, Talaat Abdel Qawi, the Director of Egypt’s General Federation of NGOs, confirmed that a draft law amending Law No. 70 of 2017 regulating the work of nongovernmental...
View ArticleGermany: Federal Fiscal Court Revokes Nonprofit Status of ATTAC
(Mar. 20, 2019) In a decision published on February 27, 2019, the German Federal Fiscal Court (Bundesfinanzhof, BFH), Germany’s supreme court for tax and customs matters, held that the activist group...
View ArticleBrazil: Brazilian Bar Association Decides Violence Against Women, the...
(Apr. 3, 2019) On March 18, 2019, the plenary of the Federal Council of the Brazilian Bar Association (Conselho Federal da Ordem dos Advogados do Brasil, CFOAB) enacted a decision (súmula)...
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