Changes in the regulation of the register of beneficial owners – transposition of AML Directive V

With effect from 1 June 2021, the regulation contained in AML Directive V – i.e. Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending […]

Aleš EppingerPartner, Schaffer & Partner

Labor, Social Security and Immigration Practice Group Newsletter

The Labor Ministry publishes the general guidelines for the registration of specialized services providers. Due to the recent reform regarding subcontracted services, the Labour Ministry published on may 24, 2021 the Labour Ministry Published in the Official Federal Gazette an agreement establishing a series of general provisions for the mandatory registration of individuals or legal […]

Cristina Sánchez VebberPartner, Sánchez Devanny

Changes to work arrangements for Dependant’s Pass holders

Authors: Wong Pei-Ling and Marvin Chua.  The Ministry of Manpower (“MOM”) announced on 3 March 2021 that for the purposes of aligning the requirements that will allow Dependant’s Pass (“DP”) holders to work in Singapore with the requirements that other foreigners have to satisfy in order to work in Singapore, and consistency with the updates made to the […]

Lisa ThengManaging Partner, CNPLaw LLP

Transformation as a mean to mitigate the risk connected with the title to shares

Radca Prawny. Zeszyty Naukowe 2/2018 Krzysztof Jasiński The article addresses the issue of conversion and its implications for shareholders in transformed companies, in particular whether the risk of defective acquisition or the taking up of shares in a transformed company is eliminated or limited as a result of the transformation and issuance to the shareholder […]

Krzysztof JasińskiManaging Associate, GESSEL

Vietnam – Belgium Relations: Increasing Trade and Opportunities for Investors

Over the past decade, trade and investment relations between Vietnam and Belgium have improved considerably. This has been attributed to Vietnam’s growing economy and the expansion and globalization of some Belgian corporations. Dezan Shira & Associates’ Head of European Business Development Riccardo Benussi notes, that more Belgian companies are looking to invest in Vietnam, especially with the […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Investment opportunities in Abu Dhabi are more far-ranging than ever before

The Abu Dhabi Department of Economic Development has revealed a list of 1,105 registered commercial and industrial activities that are now open to partial or full foreign ownership in the emirate. The Department’s decision on foreign ownership of commercial activities comes in line with the Federal Decree-Law No. (26) of 2020 amending the provisions of […]

Salman, Dr. Mohammed HaithamManaging Partner, Middle East Alliance Legal Consultancy

Is the time right to implement an Employee Share Option Scheme for your business?

As the recruitment of top talent at innovative SME businesses becomes increasingly competitive, businesses are seeking ways they can attract, incentivise and retain professionals – particularly one which encourages long-term loyalty. One such way is to offer a share option scheme backed by HMRC. There are lots of different share schemes in existence (such as […]

Hannah BuddPartner, Keystone Law

Setting up a crypto fund in Singapore

Authors: Quek Li Fei and Yeo Tun Zen.    Introduction Cryptocurrencies have very much come back into the news recently since Bitcoin (the most well-known cryptocurrency) rebounded in its price and subsequently went on another roller coaster ride. Much has been said online and in the press about the “rising” prices of Bitcoin and Ethereum reaching new […]

Lisa ThengManaging Partner, CNPLaw LLP

Chicago Small Business Improvement Fund (SBIF)

Chicago’s Small Business Improvement Fund (SBIF) offers small businesses reimbursable grants for permanent building improvements and repairs. SBIF grants are offered by the Department of Planning and Development and use local tax increment financing (TIF) revenues to reimburse owners of industrial and commercial properties for pre-approved repairs of business facilities throughout the city. Recipients of […]

David J. TecsonPrincipal, Chuhak & Tecson, P.C.

De lege ferenda remarks regarding limited liability company

This paper refers to some new regulations introduced to the Polish legal system in connection with amendments to the Polish Code of Commercial Partnerships and Companies with respect to simple joint stock company. The author underlines that it would be reasonable to use already developed solutions not only with respect to simple joint stock company, […]

Krzysztof JasińskiManaging Associate, GESSEL