Amendments were made to the Tax Code providing for the application of incentives to activities in the field of production of agricultural products and foodstuffs were adopted

According to Articles 102.1.11 and 102.1.11-1 of the Tax Code, income of individuals from direct production of agricultural products (including industrial production), including non-operating income of individuals engaged in production of agricultural products from this activity, as well as subsidies to individuals related to production of agricultural products from the state budget, and dividend income of individuals who are shareholders in resident legal entities engaged in production of agricultural (including industrial production) are exempt from income tax for 1 year from January 1, 2023.

The Labor Code of the Republic of Azerbaijan was amended with regard to the persons engaged in labor activity in the liberated territories

The new amendments introduced the definition of specialists working in the liberated territories of the Republic of Azerbaijan as a person working based on an employment agreement (contract) in the territories of the Republic of Azerbaijan liberated from occupation, who has a state document on professional, secondary or higher education, and at least 24 months of seniority in the last 60 months.

Compulsory license and parallel import are introduced in Belarus

The Law No. 241-Z of January 3, 2023 adopted provisions which allow using certain IP objects without the consent of the right holder or an organization for collective management of property rights. Such objects are a computer programme, an audiovisual work as part of a TV programme edited by a state organisation, or used in cinema distribution, a musical work and a broadcasting organisation's transmission.

On the issues of regulation of relations arising from the circulation of virtual assets

Based on the Decree of the Cabinet of Ministers of the Kyrgyz Republic of September 16, 22, No. 514, in order to regulate the relations arising from the circulation of virtual assets, the Cabinet of Ministers of the Kyrgyz Republic adopted the following regulatory legal acts.

How to register a trademark in the Republic of Moldova?

The State Agency on Intellectual Property (hereinafter AGEPI) is the national office in the field of intellectual property protection and the only authority that, on the territory of the Republic of Moldova, ensures the protection of trademarks under the conditions of Law no. 38 of 29.02.2008 on the protection of trademarks (hereinafter Law no. 38/2008).

Issues of secured transactions and pledges of movable property

The International Finance Corporation of the World Bank Group, in cooperation with the Mongolian Bank Association, has been implementing a program to enhance the supply chain finance market, especially focusing on the increase of loans and financing secured by moveable assets. For Mongolia, the "Law on Pledge of Movable Property and Intangible Property" was enacted and has been in effect since 2015 becoming one of the most frequently discussed legal relations.

In Uzbekistan the terms of issuing a residence permit have been shortened

The Cabinet of Ministers of the Republic of Uzbekistan adopted the Resolution No. 7 dated January 7, 2023 “On Amendments and Additions to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated September 20, 2020 No. 593 "On measures to simplify the procedure for registration of foreign citizens and stateless persons in the Republic of Uzbekistan” in connection with the improvement of legislation in the field of granting foreign citizens states of the right to obtain a residence permit in the Republic of Uzbekistan” (the “Resolution No. 7”).