Business and Industry Law Articles
Articles written by attorneys and experts worldwide discussing legal aspects related to Business and Industry including: agency and distributorship, agency law, business and industry, business formation, business law, commercial law, contracts, corporate governance, corporate law, e-commerce, food and beverages law, franchising, industrial and manufacturing, joint ventures, legal economics, marketing law, mergers and acquisitions, offshore services, privatization law, retail, shareholders rights and utilities.
Foreign Investment: Setting up of Manufacturing Business in Malaysia- Basic Requirements
December 30, 2010 By L Y Lu & Co
Manufacturing license application - Eligibility and statutory requirement.
Remedies against Breach of Contract
December 26, 2010 By Hemanth & Associates
In the day-to-day affairs of today’s world, not a single day passes without reference or discussions about some contracts, whether it is rendering service, employment, supply, distribution or purchase. We enter into contracts so many times in a day that ‘contract’ has become an indispensable part of our life.
Recent EU Legislation Regarding Undertakings for Collective Investments in Transferable Securities
December 22, 2010 By Andreas Neocleous & Co LLC
The European Commission has recently published a number of new Regulations and Directives regarding UCITS.
Cyprus Removed from All Italian Tax ‘Blacklists’
December 22, 2010 By Andreas Neocleous & Co LLC
The additional protocol to the Cyprus – Italy agreement on the avoidance of double taxation, which was signed on 28 May 2009, has now been ratified by both countries and has come into effect. The additional protocol provides for the exchange of bank and other information based on the OECD Model Tax Convention.
China’s New Rules Regulating Foreign Representative Offices
December 20, 2010 By Guo Lian Law Firm
The State Council released the revised Administrative Regulations for Registration of Foreign Enterprise Representative Offices on 19 November (“Regulations) replacing previous rules issued in 1983. The Regulations stipulate several new requirements that increase Rep Offices' administrative burdens.
Acquisitions in Ukraine: 10 Tips on Making a Successful Deal
December 17, 2010 By Avellum Partners
With the global financial crisis approaching its end, M&A activity is picking up in Ukraine. Foreign buyers are again looking at the Ukrainian market as sellers have adjusted their pricing expectations to reasonable levels. With this trend in mind, it could be useful to reiterate a few basic aspects of investing in Ukraine.
Setting Up a Representative Office in Malaysia
December 14, 2010 By L Y Lu & Co
A Representative Office of a foreign company is an office which is established in Malaysia to perform permissible activities for its head office.
Setting Up a Company in Malaysia
December 13, 2010 By L Y Lu & Co
Malaysian Companies Act 1965 provides that a Malaysian company shall have at least two directors, each having his principal or only place of residence within Malaysia.
Mining Duties, Royalties and Taxes in the Democratic Republic of the Congo
December 11, 2010 By Yav & Associates
Mainly, the mining industry comes under the control of is the Mining Code and the ancillary Mining Regulation. This legislature is in general application throughout the entire country and offers some tax advantages and incentives available to private parties that perform mining activities.
Liquidation of Capital Companies in Turkey
December 2, 2010 By ADMD Law Office
Capital companies are the most common form of commercial entities in Turkey. The most common capital companies which are; joint stock companies (“Corporations” / Anonim Şirket in Turkish) and limited liability companies (“LLC’s” / Limited Şirket in Turkish) and their liquidation procedures will be reviewed by this article.
A Comparative Approach Regarding Applications of Turkey and of France for Employment of Expatriates
December 2, 2010 By ADMD Law Office
Foreign Direct Investments (FDI) are defined by the Organisation for Economic Co-operation and Development (OECD) as an operation by which an investor acquires a lasting interest and a significant influence in the management of a firm that is situated abroad. Purpose of this article is to compare difficulties met by a French company willing to invest in Turkey and a Turkish company willing to invest in France, as regards to work permits and visas for expatriates.
A Safe Harbor for Educational Use of Copyrighted Works. The Teach Act
November 26, 2010 By Michaud-Kinney Group LLP
Distance learning has become an increasingly popular means of teaching educational topics to students on-line in undergraduate, graduate and professional development venues. Such distance learning classes strive to match the face-to-face classroom learning experience, which often incorporate display of copyrighted materials,1 in particular digital formatted works, such as photographs, sound recordings and movies to supplement and fortify the learning experience.
How Prior Art Searches Can Help You Develop and Protect Your Intellectual Property?
November 26, 2010 By Michaud-Kinney Group LLP
The term “prior art” encompasses what is known to the public before a certain time, usually, what is known prior to development of an invention. Prior art includes articles, domestic and foreign published patent applications and issued patents, lectures, slide shows, books, and the like. A prior art search allows you to gain a better understanding of the state of the prior art prior to filing a patent application or releasing a new product to the market.
Patented Product for Horses or Halloween Costumes?
November 26, 2010 By Michaud-Kinney Group LLP
With over 9 million horses in the United States and over 58 million horses worldwide, many savvy entrepreneurs have sought patent protection for their equine related inventions. For example, horses can be severely bothered by flies and other insects especially when the insects fly into the horse’s eyes. The headlined photographs illustrate two examples of “fly masks” which could be used to combat such eye irritation, at least one of which was patented.
Lessons from Thomas' English Muffins. Are Your Company’s Secrets Safe?
November 26, 2010 By Michaud-Kinney Group LLP
For over one hundred years, Thomas’ English Muffins has been making its english muffins with the famous “nooks and crannies.” Until this year, Thomas’ probably thought its secret to the muffin was safe. However, Chris Botticella, a former senior vice president for Bimbo Foods, the owner of Thomas’ English Muffins, is involved in a lawsuit with his former employer after he accepted a job with its competitor Hostess.
Prohibition on Competition by Management Board Members - Estonia
November 25, 2010 By Attorneys at Law Borenius
A brief overview of what restrictions affect the competitive activities of a management board member and the most practical ways to manage restrictions in order to avoid disputes.
A Recipe for Disaster
November 21, 2010 By Kelly / Warner, PLLC
Why a magazine is in hot water over a half-baked response to alleged copyright infringement.
How to Protect Your Business against Internet Defamation
November 21, 2010 By Kelly / Warner, PLLC
The Internet is, as the cliché goes, "a marketplace of ideas." Whether a person has an opinion on politics, commerce, or even the show they saw on TV last night, there is always a forum to spread their opinion on, and that opinion will be available worldwide.
Crucial Elements of a Terms of Service Agreement
November 21, 2010 By Kelly / Warner, PLLC
The author gives 5 important examples in Terms of Services.
ISP Liability for Internet Defamation
November 21, 2010 By Kelly / Warner, PLLC
Defamation is a serious problem on the Internet. For the same reason that the Web has become a great tool for research and mass dissemination of information, it has also become a tool for those who would seek to defame others.
Terms of Service: Why You Need Them on Your Website
November 21, 2010 By Kelly / Warner, PLLC
Why are they important to have on your website?
Internet Privacy - New Legislation
November 21, 2010 By Kelly / Warner, PLLC
An article about Internet Privacy, "Do not track" list, and privacy legislation.
How Does the FTC Affect Online Business?
November 21, 2010 By Kelly / Warner, PLLC
Internet law is a relatively new field of legal practice: state and federal courts and agencies are creating it on an ad hoc basis, attempting to fit the highly specialized disputes that arise from website development, service provider liability, copyright/trademarks, and the professional scope of online businesses and affiliate marketers into preexisting legal frameworks.
Policies and Procedures for Online Businesses
November 21, 2010 By Kelly / Warner, PLLC
Understanding the online business world can help you build value for your business. From the founding of your company, and every day thereafter, you should be thinking about maintaining a presence online and building relationships that will be of value. Each move you make can make your company more or less valuable. This advice applies to both local businesses and those wishing to operate in the global market.
10 Things Every Internet Marketer Should Know
November 21, 2010 By Kelly / Warner, PLLC
Summarize your business plans, goals, and time frames in order to become a successful internet marketer.
Forming a Business in Arizona
November 21, 2010 By Kelly / Warner, PLLC
In Arizona, the Limited Liability Company ("LLC") has become the standard for most businesses when choosing the type of legal entity to form. An LLC is an entity that is similar to both a corporation and a partnership. It does, however, have distinct differences from the corporation. Many see it as an answer to the shortcomings of the traditional corporations stringent organizational requirements, and the unlimited liability imposed upon partnerships.
How to Choose a Franchise?
November 21, 2010 By Kelly / Warner, PLLC
Franchising is a popular way to start your own company, which is why it is not a business decision that should be taken lightly. When choosing a franchise it is important to obtain good advice, take your time, and only make the decision when you are comfortable.
Franchise Agreements, Breach of Contract, and the Role of Franchisee
November 21, 2010 By Kelly / Warner, PLLC
Typically when we hear the word franchise we think of the large commercial chains of stores that spring up overnight, offering everything from fast food to spray tanning. A franchise is actually much much more.
Small Business Act of 2010
November 21, 2010 By Kelly / Warner, PLLC
The Small Business Jobs Act of 2010, signed into law by President Obama in late September, is designed to tackle America's continuing high unemployment rate by bolstering that sector of the American economy that has traditionally been responsible for the creation of the most American jobs: the small business sector. Small businesses, employ slightly over half of all private sector employees and over the past 15 years have generated close to 65% of all new jobs.
Business Fraud
November 21, 2010 By Kelly / Warner, PLLC
We all know the old saying: If something sounds too good to be true, it probably is. But these are hard economic times, and if you're a business owner and that something is a scheme claiming it can put dollars in your pocket, you may be tempted to bite.
Starting a New Business? Build It on a Firm Foundation
November 21, 2010 By Kelly / Warner, PLLC
The success of a business is rooted in its foundation. So in order to firmly supplant your business in its particular niche, it is important to take the time to understand the different options you have when forming a business.
Chapter 11 Bankruptcy: What Businesses Can File for Bankruptcy?
November 21, 2010 By Kelly / Warner, PLLC
The United States Bankruptcy code that deals with Chapter 11 Business Bankruptcy is one of the most complicated statutes in American history. Not surprisingly, there are few attorneys that handle these types of cases. Often times our business bankruptcy lawyers receive calls from clients in dire financial straits asking whether a Limited Liability Company (LLC) can file for Chapter 11 Bankruptcy here in Arizona.
Genesis of the Financial Services Law in Mauritius
November 18, 2010 By Wortels Lexus
Our financial services law is progressively changing the investment environment in Mauritius. It is apposite to see from where it starts.
What to Consider when Deciding to Purchase a Business? - New Zealand
November 16, 2010 By Quay Law
When buying a business, It is important that you engage your professional advisors at an early stage in the process. Your lawyer and accountant, along with a business broker if there is one involved, are well placed to give you the necessary input and advice to enable you to make an informed decision.
M&A Trends and Developments in the Netherlands
November 15, 2010 By Heussen
Late 2007 was one of the busiest periods our law firm ever encountered. Then came January 2008 and with it the start of what was to be the worst global credit crisis for decades and everything seemed to come to a grinding halt. Shortly thereafter, the pace picked up again, oddly enough ever so fiercely, but the practice was entirely different. Different deals, different stakes, different momentum.
International Comparative Legal Guide to Mergers & Acquisitions 2010 - Czech Republic
November 12, 2010 By Weinhold Legal
A practical cross border insight to Mergers & Acquisitions. This article appeared in the 2010 edition of 'The International Comparative Legal Guide to: Mergers and Acquisitions' published by Global Legal Group Ltd, London.
Unfair Business Practices Litigation in a Nutshell
November 11, 2010 By Mesriani Law Group
Running a thriving and successful business isn’t easy especially since other companies would fight tooth and nail just to get a leg up in the competition. The more successful your business is, the more money you have so it’s no surprise why some companies would resort to unfair business practices just to get ahead.
Strategies to Fight Silent PPOs
November 3, 2010 By Hursh & Hursh, P.C.
Medical practices are routinely victimized by silent PPOs, but there are strategies available to guard against these predators.
Company Abandonment and Its Impact on the System of Managerial Liability - Spain
November 2, 2010 By Mariscal & Associates
In this article, the author outlines the protections available to creditors of limited liability companies once they have been abandoned, or ceased commercial trading.
Post-Notification for Merger, Consolidation and Acquisition - Indonesia
October 29, 2010 By Leks & Co
Overview of Post Notification for Merger, Consolidation and Acquisition.
Is Your Business Eligible for the Small Business Health Tax Credit?
October 27, 2010 By Griffith & Jacobson, LLC
Find out if your business is eligible for the new small business health care tax credit. Use our "Fast Facts" and links to guidance from the Internal Revenue Service to find out! A tax credit his available to small employers that pay at least half the cost of healthcare single coverage for their employees. Read more to find out about the eligibility requirements.
M&A Made in Ukraine
October 21, 2010 By Frishberg & Partners
For a while, it seemed like any and all M&A transactions in Ukraine have ceased to exist. Only recently did the Ukrainian M&A activities finally pick up, mostly due to Russian companies coming into Ukraine through Cyprus. Significantly, they all complied with the basic rules for acquiring Ukrainian companies, which are clearly set forth in the Law “On Joint Stock Companies” and related legislation on antimonopoly rules, taxation, etc.
Qualified Foreign Limited Partner – The Latest Development on Foreign Investment in RMB Fund
October 19, 2010 By Guo Lian Law Firm
In March 2010, Shanghai Government proposed a trial program ("Trial Program"), known as qualified foreign limited partner program, to the central government for its approval. The Trial Program will relax current restrictions on conversion of foreign-currency capital to enable qualified foreign investors to directly invest in a RMB private equity fund. In early October 2010, it was reported that the Trial Program has been approved “in principle” by the relevant departments of the State Council.
Stereotype 2. Arbitration Is Less Formal
October 12, 2010 By Cai & Lenard
This article is the second in the special set of comments “Stereotypes of international arbitration”. It is worth mentioning that here we discuss the myths which re typical for international arbitration.
Private Investments Funds (ICIS) in Cyprus: the New Trend
October 10, 2010 By Harris Kyriakides LLC
Cyprus is definitely on the map as a prominent forum for the establishment of private investment funds, also known as private International Collective Investment Schemes (private ICIS). An ICIS can also be formed as a public fund, however the purpose of this brief is to provide a general overview of the primary advantages of a private ICIS.
A Highly-Flexible Legal Instrument: Articles of Association
October 8, 2010 By Akdogan Uslas, Attorneys at Law
This article mainly discusses the characteristics of Articles of Association under Turkish law and especially provides clarification as to how it can be used as an effective legal instrument.
Franchisees or Employees?
October 6, 2010 By Gatti, Keltner, Bienvenu & Montesi, PLC
Ongoing litigation between Coverall North America Inc., a company in the commercial cleaning business, and its franchisees could change the landscape of the franchise business throughout the country.
Doing Your Homework Now Will Yield Future Rewards in Franchising
October 4, 2010 By Jaburg Wilk
If you're in the restaurant business, you may have considered franchising your business. There may be visions of your brand name spread across the world, dollar signs and piña coladas on the beach gently floating through your mind.
Strategic Business Planning - An End of the Year Business Check-up
September 29, 2010 By Griffith & Jacobson, LLC
With the end of the year approaching, it is time to do so some strategic business planning. Business owners should perform a regular check-up and financial review of their business (and their personal situation too). Here are some of the key issues that should be part a of any business check-up.
The New Capital Company Law in Spain
September 27, 2010 By Mariscal & Associates
The council of ministers approved on the 2nd of July a the Redrafted Text regarding the Law of Capital Companies through the Royal Legislative Decree 1/2010. The new law came in force the 1st of September 2010.
Getting Money - Debt and Equity Financing for Your Business
September 24, 2010 By Matt Dickstein - Business Attorney
Overview of Primary Sources of Money. For the most part, you have around 5 sources of money.
Buying and Selling a Professional Practice
September 24, 2010 By Matt Dickstein - Business Attorney
This article gives an overview of buying and selling a professional practice, be it a medical, dental, accounting, veterinarian or other practice.
Giving Something Back, a Wise Investment
September 20, 2010 By The Gierach Law Firm
Business people generally get a bad rap in the general press and the movies trying to make the business of making money a bad thing. The reality is that many businesses that are successful have a genuine desire to give back to the community, which they do in many ways.
What to Do after Retirement
September 20, 2010 By The Gierach Law Firm
Now that you have made the decision to retire (or the decision was made for you by the company that you worked for as a result of the economy), it is time to decide what to do with your life.
Buying a Franchise
September 20, 2010 By The Gierach Law Firm
Is buying a franchise your best option? Many people who are looking to buy a business consider buying a franchise. After all, they think that the franchisor has a cookie cutter approach that can’t miss and that they can just “walk into” the new business which will be flush with cash. In the numbers that I have read, four out of five new franchise businesses will not be around in five years. The numbers of franchises that fail are staggering.
Company Reorganizations: Mergers & Acquisitions - Cyprus
September 20, 2010 By M. Korelis & Co LLC
Further to the adoption of the EU Merger Directive under the Cypriot legislation which enables company reorganization, having both a local as well as cross – border element, Cyprus has become a popular destination for mergers and acquisition transactions. With the economic crisis, there is a need for tax efficiency. Accordingly, there is an increase in company reorganizations.
Why Have Share Transfer Restrictions for Closely Held Corporations (or even LLC’s)
September 18, 2010 By The Gierach Law Firm
Most people have investments that include stocks that are publicly traded, with the New York Stock Exchange or the NASDAQ. It is expected that shareholders will from time to time trade their shares. There are such large numbers of stock issued by a particular corporation that usually no transfer even affects who controls the corporation.
Consolidating Management of Business or Property Using an LLC or Family Limited Partnership
September 18, 2010 By The Gierach Law Firm
Baby boomers over time have acquired various parcels of real estate or are participating in a number of businesses. In order to minimize their estates for estate tax purposes, they may be gifting minority interests in these entities to their children as the tax law may allow.
Cyprus International Trusts
September 17, 2010 By M. Korelis & Co LLC
The mechanism of Cyprus International Trusts in Tax Planning.
Why Retirement Accounts Should Not Be Used by Business Owners as a Means through Which to Finance
September 16, 2010 By Arnold E. Shaheen, Jr. Attorney At Law
The author discusses why retirement accounts should not be used by small business owners as a means through which to finance their business.
Enforcing an Employment Contract through an Employment Contract Lawyer
September 14, 2010 By Mesriani Law Group
While “at-will employment” is prevalent and recognized in the United States, there are many employers and employees who prefer the security of working with an employment contract.
Business Planning 101: Preparing for the Worst: Having an Exit Strategy in Case of Failure
September 12, 2010 By Adams & Associates LLC
When starting a business most business owners never think about the possibility of failing.
Franchise Non-Competition Agreements in California
September 10, 2010 By Matt Dickstein - Business Attorney
Franchise agreements almost always have non-competition covenants. [Non-competition covenants go by a number of names, including “restrictive covenants” and “no-competes,” but I’ll refer to them as non-competes.] A franchisor uses a non-compete agreement to stop the franchisee from competing against the franchisor.
The Franchise Disclosure Document (Formerly Called the UFOC)
September 10, 2010 By Matt Dickstein - Business Attorney
A franchisor must give a detailed franchise disclosure document to all prospective franchisees. This document is called the Franchise Disclosure Document (formerly called the Uniform Franchise Offering Circular, or UFDD / UFOC). The author uses the terms “UFOC” "UFDD" and “franchise disclosure document” interchangeably in this article.
China’s Commercial Vehicle Industry - A Snapshot
September 2, 2010 By MMLC Group
China's automotive industry has grown nearly 2,000% in the past 20 years to a whopping 13.6 million total autos sold in 2009—surpassing the US to become the world's number one auto market.
Mergers and Acquisitions by Foreign Entities in China
August 24, 2010 By MMLC Group
Since China's adoption of the “Open Door” policy and entry into the World Trade Organization (‘WTO’), merger and acquisition activities in China have become an increasingly attractive alternative to foreign investors as compared to foreign direct investment. This article gives an overview of the laws and regulations governing mergers and acquisitions by foreign entities in China.
Establishment of Foreign Direct Investment Company in Indonesia
August 22, 2010 By Simbolon & Partners
Indonesia has abundant natural resources and strategic location in the international water, a large number of populations, approximately 230 million people do have the potential and capability to support the investment climate. Indonesia has also made substantial progress in the field of democracy economic reforms and security over the last decade. Indonesia is welcoming foreign capital investors.
Guide to buying property in Saint Lucia
August 22, 2010 By Greer & Associates
There are very good opportunities for investment in St Lucia. Once you have decided what property you wish to buy, you will need an alien landholding licence. This article guides you through that process.
Setting Up a New Business in Ethiopia
August 18, 2010 By Fikadu Law Office
Ethiopian law recognizes six different kinds of business entities. Therefore in Ethiopia business can be carried out in one of the following six different kinds of business forms. These are Sole Proprietorships, Partnership, General Partnerships, Limited Partnerships, Share Companies, Private Limited Companies, and Joint Ventures.
Purchasing Construction Company According to Due Diligence - Belarus
August 16, 2010 By Glimstedt Law Firm
Acquisition of business has several stages, including gathering of information about acquired company, preparing of documentation, negotiation, execution and closing of transaction. The quality of research and investigation in the acquired company affects not only on the position of the buyer and seller in the negotiations, but also the company's activities in future.
Companies Ordinance 2010 and Business Registration Ordinance 2010
August 11, 2010 By Oldham, Li & Nie Lawyers
The Companies (Amendment) Ordinance 2010 was published in the Gazette on 16th July 2010. It is likely to come into force upon the implementation of Phase II of the Integrated Companies Registry Information System (ICRIS II) by the Companies Registry early in 2010.
May a Doctor/Dentist Compete against a Former Practice?
August 10, 2010 By Matt Dickstein - Business Attorney
If you are a member of a group medical or dental practice, at some time you probably have wondered, “can I or another doctor in this practice set up a competing practice and service existing patients?” This question is crucial both to the existing group and the doctor who would set up the competing practice.
Non-Competition Agreements at 100 mph
August 10, 2010 By Matt Dickstein - Business Attorney
Non-competition agreements go by a number of names, including “restrictive covenants” and “no-compete clauses,” but I’ll refer to them as non-competes.
Nursing Home Waivers - Nursing Home Negligence and Elder Abuse
August 4, 2010 By Steven H. Schafer & Associates
Agreement to waive jury trial against nursing home may not be a good deal for you.
The Use of Hungarian Companies in Cosmetic, Low-profile, EU-based Tax Planning
July 29, 2010 By Dr. Zoltan K. Toth, Attorney at Law
They say there are two things that are almost sure in your life: death and taxes. It is likely that none of these problems will ever be completely “solved”, however as medical professionals are continuously working on expanding life expectancy, we, tax professionals are always trying to offer cosmetic solutions for lowering the overall tax burden of businesses.
Florida Supreme Court Expands Remedies Available Against Judgment Debtors Owning Single Member LLCs
July 28, 2010 By Jorge M. Abril, P.A.
This article discusses the Florida Supreme Court's recent holding, in Olmstead v. Federal Trade Commission (SC08-1009), that pursuant to Florida law, a court may order a judgment-debtor to surrender all “right, title, and interest” in the debtor's single-member limited liability company to satisfy an outstanding judgment, thereby eliminating the single member LLC as an asset protection tool in Florida.
New Tax Changes for Representative Offices of Foreign Enterprises in China
July 26, 2010 By Angela Wang & Co.
Although representative offices (“RO”) are legally only allowed to conduct limited activities in China e.g. liaison, research and marketing for their foreign holding companies, it has been a popular form of business entity for foreign companies to set up due to its simple registration requirements and no registered capital payment is needed. Recent changes to the tax rules for ROs may however affect this trend.
Transfer of an Undertaking (Asset Deal) in Latvia
July 23, 2010 By Carrington, Hall & Hamburg
In this article the author gives some practical tips and information on how to make M&A transactions succeed in Latvia.
Incorporating in Switzerland
July 23, 2010 By Dardikman Law Offices
How to establish a Limited Liability Corporation, Joint Stock Corporation from a practical point of view.
10% Company Income Tax Approved by the Hungarian Parliament
July 23, 2010 By Dr. Zoltan K. Toth, Attorney at Law
The Hungarian Parliament passed a bill on 22/07/2010 which brings company tax exposure of Hungarian companies down to 10% on profits up to EUR 1,8 million.
Adaptation of Foreign Contractors to Domestic Requirements of Construction Legislation in Belarus
July 21, 2010 By Glimstedt Law Firm
Nowadays not only foreign investors and clients who are willing to finance different projects but also foreign contractors involved in construction of turnkey are interested in Belarusian construction business. There are several strategies to enter the construction business which may be implemented in the frame-work of cooperation or integration.
Panama, Tax Reform, Act 8 of 2010, Part II - Income Tax - Natural Persons New Rates
July 16, 2010 By Molina & Co.
The rates for natural person shall be as follows:
Representative Office in Thailand
July 15, 2010 By Siam Legal International
Introduction: Foreign companies may establish a Representative Office in Thailand in order to perform certain business functions. Specifically, the representative office may only engage in non-revenue generating activities. The representative office is often the quickest and easiest way for a foreign multi-national company to establish a local foothold in Thailand.
Fighting Business to Business Fraud (Part I) - Unequal Bargaining Power, Real or Perceived
July 15, 2010 By Patterson Law Firm
Businesses, professionals, and entrepreneurs often shun lawyers until a business partner lies to them or flees the jurisdiction with all of their money. When something like this happens, the victim has only two choices: surrender or file a business lawsuit. The Patterson Law Firm files a lot of business lawsuits designed to fight business to business fraud, and today’s post considers some causes of business fraud.
A Good Governing Law Makes a Good Ending - Kazakhstan
July 15, 2010 By Grata Law Firm
A choice of the governing law of any agreement is the most important element. In Kazakhstan, sometimes the parties are not free to select any governing law.
Imminent Reform of Hong Kong Companies Legislation
July 11, 2010 By Angela Wang & Co.
The Hong Kong Companies Legislation is on the verge of a major overhaul. The Hong Kong Companies Ordinance was last substantially reviewed and amended in 1984 and is largely based on the UK Companies Act 1948 and some of its subsequent reforms, such as those in the UK Companies Act 1976. A thorough review of the legislation is now overdue and it needs to be urgently updated and modernized.
The Structure of Board of Directors According to the Turkish Commercial Code
July 10, 2010 By Cindemir Law Office
The article aims to explain the the Structure of Board of Directors According to the Turkish Commercial Code.
Cyprus Company offers the lowest tax rate in the EU
July 7, 2010 By Anastasios Antoniou LLC
The following piece details the business-friendly tax regime of Cyprus and how it can be harnessed through the establishment of a Cyprus Holding Company, the most tax-efficient holding corporate vehicle in the EU with a corporate tax at 10% and zero withholding tax on dividends in most cases
Arbitrage en Code de Procédure Civile Morocain
July 2, 2010 By Tanfous Law Firm
Chapitre VIII: De l'arbitrage, Article 306
Toutes personnes capables peuvent souscrire un compromis d'arbitrage sur les droits dont elles ont la libre disposition.
The Fundamentals of Registering a Trademark
July 1, 2010 By Adli Law Group, P.C.
Understanding the fundamentals of registering a Trademark is important when, for your business.
Parliament Amends Laws of Establishment & Management of Private Limited Companies, Transfer of Shareholdings
July 1, 2010 By Attorneys at Law Borenius
The first parliamentary reading of a draft resolution to amend the Commercial Code took place on 19 May 2010. The draft aims to significantly amend requirements on private limited companies. Founding and managing private limited companies, making non-monetary contributions, transfer of shares, and other procedures will become far simpler.
In Anticipation of the EUR
July 1, 2010 By Attorneys at Law Borenius
Estonia is likely to enter the EURO zone as of January 1, 2011. Read the amendments already agreed to enter the Commercial Code.
China's Animal Feed Industry
June 30, 2010 By MMLC Group
This article looks at the key players in this industry, as well as summarizes the major regulations applying to this industry. It is a snapshot.
China Issues New Regulation for Online Games
June 30, 2010 By V&T Law Firm
On June 3, 2010, the Ministry of Culture (MOC) issued a regulation called Tentative Rule on Administration of Online Game (the Rule). The new Rule highlights that online game players should register their real names before participating in virtual competitions in cyberspace.
Statutes of Limitations on Construction Defect and Condominium Defect Lawsuits in California Law
June 29, 2010 By George W. Wolff & Associates
Deadlines, issues and warnings on filing lawsuits for California construction defect damage cases for private and residential construction jobs
New and Improved Draft Tax Code
June 29, 2010 By Frishberg & Partners
Looks like the Yanukovich government is finally turning its attention to the Ukrainian taxpayer (physical and legal entities alike). Is that good news or bad? To answer this question, we provide you with a brief analysis of the new-and-improved draft Tax Code that is currently under consideration.
Merger & Acquisition Law in Poland - Q & A Guide
June 28, 2010 By Domański Zakrzewski Palinka
A Q & A guide to merger & acquisition law in Poland. This chapter was first published in the PLC Cross-border Mergers & Acquisitions Handbook 2011/12 and is reproduced with the permission of the publisher, Practical Law Company.
China to Regulate Third Party Payments
June 24, 2010 By V&T Law Firm
The People's Bank of China (PBOC) issued a new regulation called Administration Rules on Non-bank Institutions Payment Service (the Rule) saying that non-bank payment service providers would need a license to conduct third party payment transactions in the nation.
Company Registration in Thailand
June 24, 2010 By Siam Legal International
As in most countries, Thailand recognizes three types of companies; sole proprietorships, partnerships, and limited companies. All of these entities must comply with the Ministry of Commerce and their registration procedure. The most common type of foreign entity is the limited company.
Buying and Selling a Medical/Dental Practice
June 20, 2010 By Matt Dickstein - Business Attorney
Buying or selling a medical, dental or other health care practice is a complex process. Legal, tax, accounting, valuation and psychology issues are all involved.
