For many years it has been clear for Polish entrepreneurs that there is no simple legal answer to their strong need to secure their family assets, and above all their family businesses, for future succession. Due to the lack of appropriate instruments in the Polish legal system, many national entrepreneurs were forced to use the legal institutions of other jurisdictions. This solution was highly uncomfortable because of the differences in legal regimes and foreign legal requirements that did not entirely meet the needs of domestic entrepreneurs.
Gecic Law Advises Israel's Paskal Group on CBAM Reports Submission
Gecic Law, working with Shibolet & Co, has advised the Paskal Group on "the successful submission of the first CBAM reports from Israel in accordance with the EU’s new Carbon Border Adjustment Mechanism Regulation."
Changes of the Value Added Tax Act (ZDDV-1) in Slovenia from January 1, 2024
In a recent update to the VAT Act in Slovenia, notable amendments have been introduced, particularly focusing on services in the public interest. Article 42(1)(5) of the VAT Act has changed, emphasizing VAT exemptions exclusively for services provided within activities deemed in the public interest.
Austria's Mariella Kapoun and Georg Gutfleisch and Slovenia's Amela Zrt and Ivan Kranjec Make Partner at CMS
Mariella Kapoun and Georg Gutfleisch have become Partners at CMS in Austria, while Amela Zrt and Ivan Kranjec have become Partners at CMS in Slovenia, as part of the firm's latest promotion round.
Legislative Provisions Related to the State of Exceptional Situation
By Decision No. 361 dated 24 November 2023, the Parliament decided to extend the emergency state on the entire territory of the Republic of Moldova for 30 days, starting on 1 December 2023.
Jalsovszky Head of Tax Advisory Akos Barati Makes Partner
Head of Tax Advisory and Wealth Management Akos Barati has been promoted to a Partner position with Jalsovszky in Budapest.
Valeriu Cernei Makes Partner at Gladei & Partners
Former Senior Associate Valeriu Cernei has been promoted to a Partner position with Gladei & Partners in Chisinau.