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OHADA: Revised Uniform Act on Companies

(Mar. 14, 2014) The Council of Ministers of the Organization for Business Law Harmonization in Africa (Organisation pour l’Harmonisation en Afrique du Droit des Affaires, OHADA) adopted a “significantly revised” Uniform Act on Commercial Companies and Economic Interest Groups on January 30, 2014; the original Act was adopted on April 17, 1997. The new Act […]

China: Company Law Revised to Remove Registered Capital Requirements

(Mar. 12, 2014) On December 28, 2013, the Sixth Session of the 12th Standing Committee of the National People’s Congress of China made a decision to revise the Company Law of the People’s Republic of China. The revised law came into force on March 1, 2014. (Decision of the Standing Committee of the National People’s […]

Poland: Corporate Taxation Changes

(Nov. 25, 2013) Poland’s Parliament (Sejm) voted on November 8, 2013 to approve a proposed law amending the Corporate Income Tax Act. It will become effective 30 days after it is approved by the president and officially published. (Magdalena van Doom-Olejnicka, Poland: Partnerships Become Corporate Entities – Parliament Passes Amendments to Corporate Income Tax Law, […]