Non-resident owners of property in Croatia who have plans to rent it out should consider domestic and double tax treaty rules on taxation of permanent establishments.
Diia City Corporate Novelties
With the ambitious plan to create in Ukraine the most powerful IT hub in Central and Eastern Europe, the Government of Ukraine has established Diia City – a special legal framework for the IT industry, in summer 2021. Currently, the legal and organizational basis for the operation of Diia City is being developed and improved. It is expected that the project will be fully launched already in the first quarter of 2022.
Anna Cudna-Wagner Becomes Head of CMS’ Dispute Resolution Practice in Poland
CMS Partner Anna Cudna-Wagner has become the new head of the firm’s Polish Dispute Resolution practice, taking over from Partner Malgorzata Surdek-Janicka who is leaving the firm.
Judicial Crisis in Ukraine: Is There a Way Out?
An effective judiciary forms a cornerstone of a successful state that upholds the rule of law.
Michal Smiechowski Joins CMS as Debt Capital Markets Leader
Michal Smiechowski has joined CMS in Warsaw as a Counsel and the leader of the Debt Capital Markets practice.
Oil & Gas Laws and Regulations in Poland
Contributed by CMS.
Oil & Gas Laws and Regulations in Turkey
Contributed by CMS.
Oil & Gas Laws and Regulations in Romania
Contributed by CMS.
Oil & Gas Laws and Regulations in Bulgaria
Contributed by CMS.
Severing Russian Ties: Debevoise, Dechert, Dentons, and CMS Announce Russian Exit
Debevoise & Plimpton, Dentons, Dechert, and CMS have announced they are closing their Russian offices and exiting the market.
Data Protection – An Overview of 2021 and What To Expect in 2022
In Turkey, 2021 continued to be dominated by the COVID-19 pandemic and the various legal difficulties and ambiguities that it brought. This raised several questions on how to apply the Turkish data protection law and related legislation, in particular about how to properly process data on health, vaccination status, and PCR tests.
The Turkish Agricultural Sector and the Impact of ESG Awareness and Regulation in 2021
Turkey is the world’s tenth largest agricultural producer and a hub for many top global players in food production. The country is accelerating the integration of sustainability principles into the sector’s growth strategies.
Slovenia: Spin-off Company Liable for Claims of Untransferred Employees?
Picture a situation where a company divests a part of its business to create a new company. Employees are transferred to the spin-off company too. Based on Article 75 of the Employment Relationship Act (ZDR-1), the provisions on the transfer of an undertaking (change of employer) then apply. The article governs the joint and several liability of both the transferor and transferee company; however, it limits liability solely to the claims of employees who were actually transferred.
North Macedonia: Employment Challenges Arising from Latest Anti-COVID-19 Measures
On November 17, 2021, the Infectious Diseases Commission of North Macedonia proposed anti-COVID-19 measures requiring unvaccinated healthcare professionals and public sector employees to be vaccinated and recommending the vaccination of private-sector employees. The form of the measures could differ somewhat from this proposal; the definite measures, however, are expected to be adopted soon.
What Every Foreign National Needs to Know Before Being Appointed as Managing Director of a Montenegrin Company
When assisting our clients in the process of setting up a company in Montenegro, one of the first questions that come up is what the conditions are for a foreign national to be appointed as a managing director. In this article, we will provide a short overview of those conditions.
Nedeljko Velisavljevic Promoted to CEE Partner at CMS
Nedeljko Velisavljevic, Head of CMS’ Dispute Resolution practice in Belgrade and Podgorica, has been promoted to CEE Partner.
Johannes Juranek and Gunther Hanslik Are CMS' New Management Duo in Vienna
CMS Partners Johannes Juranek and Gunther Hanslik have taken over the management responsibilities of the firm's Vienna office on February 1, 2022. Juranek specializes in data protection while Hanslik focuses on banking.
ESG – Turkish Banking and Capital Markets Sector in 2021
It has been an interesting, fruitful, and innovative year for the Turkish financial sector. Most importantly and possibly surprisingly, the Turkish financial regulatory authorities are at full speed in implementing a legal framework to support a more sustainable Turkey.