Legal news
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news
Changes to the procedure for receiving foreign donations
Belarus: Foreigners should take into account some crucial features of deals with Belarus residents. Under previously established rules, goods or money donated free of charge to Belarus residents, as well as interest-free loans and contributions by foreign members to Belarusian non-profit organizations, are considered as foreign donations and
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New form of contract conclusion – via document
Poland: Equivalent to written form, though less formal, document form will make conclusion of contracts easier. The upcoming amendment to the Civil Code reacts to the fact that different forms of electronic communication are nowadays of paramount significance and countless declarations of will are being transmitted this way. This kind
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Supervisory board – employees of foreign daughter companies are counted
Germany: When setting the composition of a supervisory board, employees of foreign daughter companies must be taken into account. Under German law, employees must send representatives to the supervisory board if a company has a certain number of employees. If the number of regular employees is more than 500, then
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Mandatory energy audits for large enterprises
Hungary: Energy Efficiency Directive implemented in Hungarian legislation. Energy efficiency targets of EU The aim of the Energy Efficiency Directive is to establish a common legal framework to promote energy efficiency within the European Union. This means achieving the Union’s energy efficiency target of
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The Public Procurement Act and European Union directives
Estonia: Changes to the Public Procurement Act will solve many practical public procurement issues. In 2014, the European Parliament adopted three new public procurement directives. These give Estonia until 18 April 2016 to implement them, so the Ministry of Finance is working on a draft revision of the Public Procurement Act.