Canada Changes in Canada pension plans (“CPPs”) and other Pension Plans for 2020 Canada Revenue Agency announces maximum pensionable earnings

India India introduces Data Privacy Bill in the Parliament Ministry of Electronics and Information Technology (“MeitY”) has introduced the Data

Netherlands Dutch “New small businesses scheme” provides VAT exemption for the Dutch businesses, w.e.f. Jan 1, 2020 The Netherlands introduces

Newsletter – January 2020 Trends of 2019….                                          We have compiled a list of regulatory trends from around the world indicating

India Union Budget 2020-2021 Highlights India’s Finance Minister Nirmala Sitharaman presented the Union Budget for the year 2020-21 on February

France Guidelines for French companies processing biometric data published On March 28, 2019 French data protection authority, CNIL (Commission Nationale de l’Informatique et des Libertés) adopted regulation

Czech Republic National legislation on data protection adopted in Czech Republic Czech Republic has approved the law incorporating the General

China New Foreign Investment Law adopted and will be effective from January 01, 2020 On March 15, 2019, new foreign

Canada Maintenance of Register for Individuals with Significant Control (ISC) of Private corporations in Canada effective from June 13, 2019 As

Newsletter – June 2019 Global updates – a quick glance Australia: The corporate tax rate will reduce from 27.5% to 26%

Australia Whistleblower Protections Act, 2019 will be applicable to all companies from July 1, 2019 The Treasury Laws Amendment (Enhancing Whistleblower

Mexico Mexico’s Labor Reform 2019 imposes stricter obligations on employers The Mexican Federal Law (“LFT”) stands amended on May 1, 2019.

Netherlands Netherlands’ Ultimate Beneficial Owners register effective from January 2020 The Netherlands will introduce the requirement of Ultimate Beneficial Owners

China Pension contribution rates reduced from 20% to 16% across China effective May 1, 2019 The maximum employer contribution rate

Newsletter – August 2019 Global updates – a quick glance Australia: Whistleblower Protections Act, 2019 will be applicable to all companies

Brazil Brazilian Civil Code amended to allow LLCs (Limitadas) to be incorporated with a single shareholder Effective from September 20, 2019, the

India India tax rate cut There is a massive change in corporate tax rates for India; this is effective immediately and

Australia Directors should obtain Director Identification Number (DIN) prior to appointment as Director. Treasury Laws Amendment (Registries Modernization and Other