Elvinger Hoss Prussen’s Post

Dubai explores implementation of common law in free zones This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness

CSRD Integrated into Danish Law 🏛️ We knew it was coming, and today marks the day when things got real, as we are soon halfway through 2024 and the first reporting year for CSRD ⏳ Today's integration of the CSRD into Danish legislation marks a significant shift in the reporting landscape across Denmark as key legal updates include the incorporation of the CSRD into the Auditors Act, Companies Act and Danish Financial Statements Act with the ESRS meeting the requirements of Danish Financial Statements Act §99a 📑 Now that CSRD are officially into Danish law, the eagerly anticipated updates to the implementation guidance from EFRAG can not come soon enough 🌱

Navigating Ireland's business laws is essential for success. From company types and taxation to compliance requirements, IrishCompany.eu offers guidance to ensure smooth operations for businesses of all sizes. Let us simplify the legal landscape, keeping you compliant and competitive. Book an appointment: www.irishcompany.eu #BusinessCompliance #IrishCompanyEu #IrishBusinessLaw

Singapore’s company law has its roots in English company law, but today differs in many respects. https://bit.ly/4drbiaG #SingaporeCompaniesAct #SingaporeCompanyLaw #SingaporeCorporateLaw #Singapore #FactsForForeigners

𝐆𝐞𝐫𝐦𝐚𝐧 𝐜𝐚𝐬𝐞 𝐥𝐚𝐰 𝐨𝐧 𝐭𝐡𝐞 𝐫𝐞𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐬   Since their introduction in 2008, the German rules on the relocation of functions have not been tried in court. In 2023, finally, three cases of relocation of functions were decided by German courts: The first judgement was from the Fiscal Court of Lower Saxony dated 16 March 2023 (10 K 310/19), the second one was decided by Germany’s highest tax court, the Federal Fiscal Court dated 9 August 2023 (I R 54/19), the third judgement was also from the Fiscal Court of Lower Saxony which has, however, not yet been published. In the latest edition of the International Transfer Pricing Journal, my colleague Dr. Susann Karnath and I discuss the recent case law on the German relocation of functions rules and the practical implications for multinational companies with regard to the legal situation before and after the revision of the relocation of functions rules in 2022.   International Transfer Pricing Journal, IBFD, 2024, Vol. 31, No. 3  https://lnkd.in/d6DtNG7t

Türkiye member, Tarlan Law Firm, examine what the regulations are around a liaison office and how to establish a liaison office in Türkiye. https://lnkd.in/dEiuBCq2 #LiaisonOffice #leinternational #internationallaw #legalnetworl #Türkiyelaw

⚖️ CamEd Business Law Club will host a forum on "Investment law insights: Exploring New Regulation and Taxation". ⭐️Our Managing Partner, Mr. Matthew Rendall will walk you through the overview of investment structures and legal considerations in the Cambodian context. 🕐 See you on 19th May 2024 👉 Register here: https://lnkd.in/d5ZacFAM #soksiphanaandassociates #Cambodia #investmentlaw

Are you interested in knowing more about the latest trends and developments in the transfer pricing landscape? Our experts have contributed to three chapters in the Chambers and Partners Global Transfer Pricing Guide 2024. Aldo Engels, Emile Bauwens, Emma Parduyns and Vincenzo Vilardi have contributed to the Belgian chapter. Peter Moons, and Katerina Benioudaki have contributed to the Luxembourg chapter. Natalie Reypens, Jan-Willem Kunen and Gijs van Koeveringe have contributed to the Netherlands chapter.   All chapters cover several aspects of transfer pricing including: ▶domestic; ▶European and broader international developments impacting the transfer pricing landscape; ▶the impact of Pillar Two; ▶the proposal for an EU directive on transfer pricing; ▶Amount B; ▶developments in legislation; ▶case law and practice and; ▶analysis of the main TP-related developments that took place during 2023. Please click here to read all the chapters: https://lawand.tax/3RcEaKj #lawandtax #Belgium #Luxembourg #Netherlands #transferpricing #oecd

Exciting developments ahead in the realm of competition law! As per the National Budget 2024-2025, amendments are forthcoming for the Competition Act regarding rights of appeal before the Supreme Court of Mauritius. The Competition Act will be amended to, henceforth, allow for an appeal before the Supreme Court against any ruling, decision, order or direction of the Competition Commission. Section 67(1)(a) of the Competition Act presently provides for a right of appeal to the Supreme Court against an order or direction of the Competition Commission only. In the absence of any definitions of the terms “order” and “direction” in the Competition Act, the Supreme Court has recently held that that appeals under section 67 are limited to an order or direction of the Competition Commission, as expressly provided for in the Competition Act, and would not include any decision of the Competition Commission, such as a decision to stay proceedings for abuse of process, which is neither an order nor a direction under the Competition Act. Under the Competition Act, the Competition Commission is empowered to make an order imposing a financial penalty on, or to give directions to, any enterprise in prescribed situations after due process, in response to restrictive business practices. The proposed amendments broaden the scope of the right of appeal to encompass decisions and rulings of the Competition Commission, which possesses adjudicative powers. #MauritianCompetitionlaw #LegalUpdates #NationalBudget2024-2025