Insights

Newsletter - January 2020

We have compiled a list of regulatory trends from around the world indicating the possible implications of regulations that needs to be watched out while expanding globally.
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Feb 18, 2020

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

The Netherlands introduces a new VAT small businesses scheme which provides VAT exemption for small businesses with effect from January 1, 2020.
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Feb 18, 2020

India - Introduces Data Privacy Bill in the Parliament

Ministry of Electronics and Information Technology (“MeitY”) has introduced the Data Protection Bill in the Indian Parliament on December 11, 2019, which provides for the...
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Feb 18, 2020

Canada - Changes in Canada pension plans (“CPPs”) and other Pension Plans for 2020

Canada Revenue Agency announces maximum pensionable earnings and Employer, Employee contributions rate for Canada Pension Plan for 2020.
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Feb 18, 2020

Brazil - New contribution rates announced for social security in Brazil for private employees

Effective from March 01, 2020, there will be a change in employee social security contribution rate (INSS - National Institute for Social Security) for private-sector employee...
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Feb 18, 2020

Australia - Directors should obtain Director Identification Number (DIN) prior to appointment as Director.

Treasury Laws Amendment (Registries Modernization and Other Measures) Bill 2018 (Cth) (Bill); has introduced the provision of obtaining Director Identification Numbers (“DIN...
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Feb 18, 2020

Newsletter - October 2019

We have compiled a list of regulatory updates from around the world indicating the possible implications of regulations that needs to be watched out while expanding globally.
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Feb 18, 2020

India - Tax rate cut

There is a massive change in corporate tax rates for India; this is effective immediately and applicable to the current fiscal year of April 01, 2019 to March 31, 2020.
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Feb 18, 2020

Brazil - Brazilian Civil Code amended to allow LLCs (Limitadas) to be incorporated with a single shareholder

Effective from September 20, 2019, the Brazilian Civil Code allows limited liability companies (“LLCs or Limitadas”) to be incorporated with 1 member or shareholder.
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Feb 18, 2020

Newsletter - August 2019

We have compiled a list of regulatory trends from around the world indicating the possible implications of regulations that needs to be watched out while expanding globally.
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Feb 18, 2020

China - Pension contribution rates reduced from 20% to 16%

The maximum employer contribution rate with respect to pension contributions has been reduced from 20% to 16%. Companies will need to check for specific adjustments.
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Feb 18, 2020

Netherlands - Ultimate Beneficial Owners register effective from January 2020

The Netherlands will introduce the requirement of Ultimate Beneficial Owners (“UBO”) register beginning January 2020, subject to the legislative process in the Dutch parli...
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Feb 18, 2020

Mexico - Labor Reform 2019 imposes stricter obligations on employers

The Mexican Federal Law (“LFT”) stands amended on May 1, 2019. The changes affect all employers in Mexico having any workforce. The employers face additional obligations
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Feb 18, 2020

Australia - Whistleblower Protections Act, 2019 will be applicable to all companies from July 1, 2019

The Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019 (“the Act”) will be applicable to all companies, which includes foreign corporations, financial...
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Feb 18, 2020

Newsletter - June 2019

We have compiled a list of regulatory updates from around the world indicating the possible implications of regulations that needs to be watched out while expanding globally.
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Feb 18, 2020

Canada - Maintenance of Register for Individuals with Significant Control (ISC) of Private corporations

As per the Canada Business Corporations Act (CBCA), the Companies from Canada will require to prepare and maintain a register of Individuals having Significant Control.
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Feb 18, 2020

China - New Foreign Investment Law adopted and will be effective from January 01, 2020

On March 15, 2019, new foreign investment law was adopted by the government and it is set to be effective from January 01, 2020.
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Feb 18, 2020

Czech Republic - National legislation on data protection adopted

Czech Republic has approved the law incorporating the General Data Protection Regulation (GDPR); regulations. The new law will be effective from March 12, 2019
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Feb 18, 2020

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 on processing of biometric data.
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Feb 18, 2020
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