Client Alerts

On 19 September 2019, the Polish Personal Data Protection Office (“UODO”) announced the imposition highest fine to date for violation of personal data protection regulations. In December 2018, Morele.net Sp. z o.o. (“Morele.net”), an online retailer, reported that it was the victim of a cybercrime in which its online customer database was breached. Data of […]...

Romania has drastically simplified its administrative rules regarding the construction of new buildings, including the issuance of permits. The changes are designed to reduce bureaucratic hurdles and encourage even more domestic construction. The changes have been welcomed by many to improve a relatively out-of-date framework. The amendments are likely to grease the wheels for further […]...

As of 1 January 2020, the Republic of Croatia put in force amendments to the General Tax Act and Income Tax Act which introduce new specific criteria for distinguishing between the work of employees and service providers. Here we answer why this change was introduced and discuss if such new regulation will bring more clarity […]...

Following the amendments to the Bulgarian Energy Act aiming to ensure completion of the gas market liberalisation and enhance liquidity, on 15 October 2019 Bulgargaz submitted for approval to the Bulgarian energy regulatory body – EWRC, a draft Agreement for the implementation of a gas release program (GRP). The GRP imposes obligations on the Bulgarian […]...

Today is European Data Protection Day, and businesses are facing more challenges than ever ensuring compliance with various standards. 2020 promises further exciting developments in terms of the new priorities of the European Data Protection Board, an upcoming decision from the European Court of Justice on standard contractual clauses, and the EU Commission’s forthcoming decision […]...

Serbia has made some amendments to the law on Personal Income Tax (PIT), which introduced, among other things, new rules in connection with the taxation of independent entrepreneurs engaged in “employment-like” relationships. It is expected that the changes will impact the IT industry the most, along with others with a high number of independent entrepreneurs […]...

Companies operating in Slovakia must register their “Ultimate Beneficial Owner(s)” with the authorities. The deadline to register was 31 December 2019, but companies that have not yet registered must still comply with the legal requirements. The necessity to do so is the result of Slovak legislation meant to keep the country’s laws in line with […]...

The UK left the European Union on 31 January 2020. Since European Union Trade Marks (EUTMs) are valid throughout the entire territory of the EU, the question arises as to what happens to EUTMs with regard to their protection in the UK. To learn more, please open the attached file....

Bulgaria has introduced changes to its corporate income tax rules that extend the scope of taxable cross-border intra-company transfers of assets and business activities. In line with the EU Anti-Tax Avoidance Directive, the new exit tax rules may impact all businesses operating across borders while maintaining a taxable presence in Bulgaria. To learn more, please […]...

In Poland, joint-stock companies and limited joint-stock partnerships must complete the process of “dematerialisation” this year (i.e. converting paper-based share documents to an electronic form). These businesses should already have a dedicated section of their website in place to communicate with shareholders (as of 1 January 2020), and other key milestones must be achieved by […]...

Bulgaria has amended its rules related to the clearing and settlement of card-based payments that are linked to the country. As of 15 August 2020, card-based payments that match certain criteria must be cleared and settled through an approved operator. Our lawyers examine the implications as well as how this development intersects with the European […]...

On 1 January 2020, important legal provisions aimed at reducing payment delays came into force in Poland. Our lawyers have already commented on the key changes in a previous newsletter, and this time would like to take a closer look at a very timely question business owners ask themselves in the context of new obligations […]...