New amendment to Indonesia’s KPK Law
February 5, 2020
The main purpose of the amendments is to change the corruption eradication paradigm from prosecution measure to prevention measure.
India’s buy-out boom
February 4, 2020
Aakash Choubey of Khaitan & Co discusses the development of private equity players in India …
Opening the money taps into Africa
February 4, 2020
Akinwumi Adesina is not a name most people in Africa would recognise, yet it belongs to a man who is, arguably, doing the most to haul the continent out of a rut of underdevelopment and improve the lives of its people …
Aircraft finance and leasing in Indonesia
February 4, 2020
The Indonesian aviation sector has grown rapidly over the past few years. Due to this, airlines and lessors have been capitalising on the general availability of diverse sources of funding …
Philippines: Changing times for PEZA locators
February 4, 2020
The Philippines enticed into investors into its special economic zones with tax incentives, such as income tax holidays (ITH) or 5 percent gross income taxation (GIT), VAT zero-rated purchases and duty-free importations …
The controversy over “different franchise fees” in Korea
February 4, 2020
In Korea, many franchisors require their franchisees to purchase franchise products from the franchisors. They do this to ensure a level of uniformity in the franchise business, enabling franchise customers to receive the same types and quality of goods from each franchise store …
Vietnam: New Labour Code taking effect on January 1, 2021
February 4, 2020
The participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) poses numerous requirements on the reform of laws, including labour laws …
What are the recent developments in offshore trusts?
February 4, 2020
Offshore trusts are used for a variety of different purposes relating to both private wealth and commercial transactions. They depend largely upon the existence of professional trustees able and willing to take on the business of being a trustee …
Self-Collection Risks
February 4, 2020
When digital evidence is required at the start of a matter, it’s easy to get swept up in the moment and start rushing to gather the evidence but this is a key time to step back, take a moment and reflect on the ultimate aim …
DIFC Workplace Savings Scheme (with effect from 1 February 2020)
January 23, 2020
The Amendment introduces a new mandatory workplace savings scheme, which replaces the current end-of- service gratuity regime.
Reminder – Requirement in the OSS System for companies to adjust their Business Classification Code
January 15, 2020
This joint notice requires limited liability companies to adjust their purpose and objectives.
Slightly more clarity: Economic Substance Regulations in the DIFC
January 8, 2020
The new guidance is helpful for businesses in the DIFC, but significant questions still remain.
Requirement to use the Indonesian language is regulated further
January 8, 2020
Indonesia has finally issued an implementing regulation of the Language Law.
Notable changes introduced by the amended Labour Code 2019
January 8, 2020
The legislation includes changes to holidays, retirement age, labour contracts, trade unions and overtime.
Adding value – A consultant’s perspective
January 8, 2020
Adapting to the client’s changing needs is at the core of the role.