Saudi Arabia: Development of judicial system under Vision 2030

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Update on regulatory framework for crowdfunding platforms in the UAE

By Yi Ling Wong and Samarth Chaddha In the June-July 2016 edition of Al Tamimi’s Law Update Article (http://www.tamimi.com/law-update-articles/crowdfunding-platforms-in-the-uae/), we have previously provided an overview on the Crowdfunding Platforms in the UAE and highlighted some of the key regulatory issues commonly encountered. In an effort to facilitate the growth of the SME sector and FinTech […]

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By Fiona Robertson The GDPR is intended to protect the data of residents of EU countries but in doing so, there are claims that it has the capacity to extend beyond the jurisdiction of the European Union to the operations of entities outside that region. The intention of this article is not to provide an […]

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The regulation of electronic transactions in Oman

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Updates on proportionality of costs in court proceedings

By Gwendoline Davies, Claire Acklam Anyone involved in the conduct of litigation will be aware that the ‘overriding objective’, at rule 1.1 (1) of the Civil Procedure Rules (CPR), requires cases to be dealt with “justly and at proportionate cost”. Unfortunately, the question of what is proportionate continues to cause confusion and dispute.  In this latest […]

Women on Boards – As they progress, businesses thrive

By Susana Almeida Lopes They represent 50% of the working population and are as many or more educated and qualified as they are. However, the problem of gender diversity (or lack of it), especially in top positions in organizations, is a persistent societal problem, and there are (many) studies that, if concrete measures are not taken, […]

Franchise resales – should franchisors be involved?

By Emma Lusty It is a common misconception that a franchise network with a high level of resales is a bad sign. In fact, a healthy resale market is a good sign. It means that franchisees are able to build up profitable businesses which can be sold to recover a return on their initial investment and […]

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Higher Dutch VAT rate on several LS-products

By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]

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Khaitan & Co advised Ramesh Flowers Private Limited and the selling shareholders in relation to majority investment of 70% by Gala Kerzen in Ramesh Flowers. Ramesh Flowers Private Limited is a private company in Tuticorin, India and is engaged in manufacture and supply of dry flowers, home fragrance products, home décor products, candles, incense sticks and other decorative accessories. The core corporate transaction […]

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