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GILS Commercial contracts

The overview contains key aspects of contract law in Azerbaijan, Armenia, Belarus, China, Cyprus, Kazakhstan, Mongolia, Russia, Turkey, Tajikistan, the UAE, Uzbekistan, and Ukraine. The information is structured in a Q&A format. 

This publication dives into the nuances of employee data protection in eight countries, examining local regulations and how they align with international standards.

Key topics include compliance for data transfers to third parties, effective ways to obtain employee consent, restricted practices in data processing, and the potential repercussions of non-compliance.

The publication offers a comprehensive analysis of various forms of reorganization of legal entities across nine countries: Belarus, China, Cyprus, Kyrgyzstan, Mongolia, Russia, Tajikistan, UAE, and Uzbekistan.

It covers procedures for company mergers and divisions, methods to spin off specific business activities into new companies, reorganization in cases of bankruptcy, and necessary government approvals for mergers and acquisitions.

This material provides an overview of key tax issues during bankruptcy proceedings across six countries: Belarus, Kazakhstan, Mongolia, Russia, Turkmenistan, and Uzbekistan.

Topics include taxes due in bankruptcy, handling of outstanding tax liabilities, secondary liability of shareholders, tax implications of asset sales, and risks for purchasers of bankrupt assets.