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According to the Article 358 a of the Ownership Act of the Republic of Croatia, foreign citizens and legal persons from a country which is part of the EU, in legal transactions relating to real-estates in Croatia, are equal to Croatian citizens/legal persons when it comes to the conditions which need to be fulfilled in order to acquire a real estate in Croatia. On the other hand, third-country cit...

In the context of the pandemic caused by the COVID-19 virus, the Romanian state took over the payment of the “technical unemployment” indemnity until 31.05.2020. Discover the background here: [https://stalfort.ro/wp-content/uploads/2020/03/20200331_-NEWSFLASH_Indemnity_contract_suspension_UPDATE.pdf.] After the state of emergency was transformed into a “state of alert” new measures were necessary ...

After two months of State of Emergency, the State of Alert was declared for a period of 30 days starting on May 18th by Government Decision no. 394/2020 (the "GD") and subsequently prolonged by Government Decision no. 476/2020 for another 30 days until July 16th. The initial rules established a series of restrictions for air, road and rail traffic during the State of Alert. I.e. Air traf...

As expected, on 16.06.2020 the Romanian government extended the state of alert (starea de alertă) for another month. While there are still many obligations for all economic entities, e.g. to ensure the epidemiological triage and hand disinfection, some restrictions of practical relevance were however lifted. Read our article on the changed rules allowing people to enter Romania from states for whi...

AVISO DE ACTUALIZACIÓN DE SOCIOS O ACCIONISTAS ANTE EL REGISTRO FEDERAL DE CONTRIBUYENTES. El 9 de diciembre de 2019 se publicó en el Diario Oficial de la Federación el “Decreto por el que se reforman, adicionan y derogan diversas disposiciones de la Ley del Impuesto sobre la Renta, de la Ley del Impuesto al Valor Agregado, de la Ley del Impuesto Especial sobre Producción y Se...

In accordance with the Foreigners’ Act of the Republic of Croatia, a temporary residence permit for a third-country national can be obtained for the purpose of starting a business in Croatia (hereinafter: an applicant). Citizens of third countries are foreign citizens from countries not belonging to the European Economic Area (EU, Principality of Liechtenstein, Kingdom of Norway, Republic of Icela...

Compliance is an important topic not only for large corporations but also small and medium-sized enterprises that want to avoid breaking the law and incurring penalties as a result. Compliance with contractual provisions and legislation is a key issue for every business, irrespective of its size. Businesses need to make sure that each of their employees consistently complies with the law. We at th...

INTRODUCTION One of the ways a Nigerian maritime company can raise financing by obtaining a loan facility and using its vessel as security for the facility obtained. Under Nigerian law, it is necessary for such mortgages created to be registered. We have set out here, the processes involved in the perfection of a ship mortgage, the legislative timelines and the timeline applicable in practice. Pe...