Corporate Law

Mitigating Procedural Delays in Vietnam’s Pharmaceutical Market

The pharmaceutical and healthcare industries in Vietnam have seen a number of positive developments in recent years, including the passage of the Law on Pharmacy in 2016. Among other areas, Article 32 of the law provided clearer guidance on the rights and duties of pharmaceutical business establishments (PBEs), including in areas such as clinical trial

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Upcoming Deadline: US Bureau of Economic Analysis BE–10 Benchmark Surveys

The Bureau of Economic Analysis (BEA) conducts various surveys of U.S. multinational companies and U.S. affiliates of foreign enterprises to generate statistical information regarding the global business activities of U.S. based companies and the impact of foreign investment by non-U.S. based companies. Generally, individuals and entities are only required to complete and file a BEA

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Annual Meetings in a World Without Meetings: COVID-19 and Public Companies

Coronavirus (COVID-19) is having an unprecedented impact on the world’s economy, including historic stock market declines, a virtual standstill in business and leisure travel, closures of schools and businesses, and a focus on “social distancing” through remote working (or not working at all). These shocks are being felt acutely by public company boards of directors

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A New Era of EU-Wide Crowdfunding

The European Parliament’s negotiating team reached a deal with the Council on 18 December 2019 on EU-wide rules to help crowdfunding services function smoothly and to foster cross-border business funding. Crowdfunding is progressively more of an alternative form of finance for start-ups, as well as for small and medium enterprises (SMEs) at an early stage

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Luxembourg Establishes Register of Beneficial Owners of Legal Entities

In the context of the fight against money laundering and terrorist financing, the European Union (EU) adopted on May 20th, 2015, Directive (EU) 2015/849 (known as “4th AML Directive”) and on May 30th, 2018, Directive (EU) 2018/843 (known as “5th AML Directive”) (together, the “Directives“). These Directives provide for a series of measures to prevent

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Crisis In Jet Airways: Should We Be Worried?

For those who have tracked the Indian aviation market over the last few years, the recent developments at Jet Airways may perhaps be a déjà vu moment. Ironically, just as India is basking in its status as one of the fastest growing aviation markets in the world, comes the news that there is trouble brewing

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Opening a Representative Office in Thailand Just Got Easier

A “Representative Office” allows a foreign investor to evaluate potential market opportunities without the need to establish a subsidiary in Thailand. Thus, it provides an interesting vehicle for foreign investors who may be considering entering the Thai market. Thailand has recently made the set-up process of such an office more investor friendly. Previously, prior to

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