Global news

International tax, audit, accounting and legal news

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UBO register filing UAE: Stricter disclosures and the new compliance reality

The United Arab Emirates has evolved from an outsider in the global tax framework into an active participant. Companies operating there must now adhere to compliance regulations. Ecovis consultants explain what needs to be considered and verified.

Electronic labour contracts in Vietnam: What FDI employers need to know

Vietnam has introduced a legal framework for electronic labour contracts, giving foreign-invested enterprises a digital alternative to paper employment contracts. For FDI employers, the priority is implementation, not the effective date: paper contracts remain fully valid, and those that opt in must work within a regulated framework. Electronic execution involves far more than signing a PDF, and Ecovis explains what this means in practice.

Lithuania defence market entry: FDI screening, export controls and compliance risks

The growing demand for security technology is boosting international interest in the Lithuanian defence market. Due to strict regulations, a preliminary legal assessment is crucial. Ecovis experts advise foreign defence companies to carefully analyse the relevant regulatory requirements before entering the market.

Transporting fossils to China: Legal requirements

You can’t simply pack them up and ship them off: Ecovis consultants were tasked with transporting two Tyrannosaurus rex skeletons to a museum exhibition in Beijing. The legal preparations required for this were extensive: export control law, cultural property protection, international contract law, customs procedures, insurance, and diplomatic coordination all had to be managed simultaneously and in close alignment.

Vietnam Foreign Investment Legal Framework: Why Cross-Border Legal Collaboration Determines Transaction Success

Vietnam continues to attract strong interest from foreign investors, particularly in manufacturing and industrial sectors, as part of regional diversification strategies. Using a case study, Ecovis experts explain why the success of many of these transactions depends not only on the investment opportunity itself but also on how effectively legal advisors from different jurisdictions collaborate.

Portuguese inheritance law real estate: Unlocking undivided properties and sales

Portugal intends to reform key aspects of inheritance law and amend the Civil Code as well as other relevant laws, with the aim of resolving issues regarding undivided properties and sales. The legislative proposal may represent an important step towards resolving deadlock situations in undivided inheritances, enabling a more efficient management of real estate assets and contributing to greater dynamism in the market, the Ecovis experts explain.

MiCA authorisation process crypto: Securing a scalable, EU-compliant operating model

Consultants at ECOVIS ProventusLaw helped a client develop scalable, EU-compliant business models to obtain the MiCA CASP license – a case study.

Remote work permanent establishment tax risk: A home office can constitute a permanent establishment.

What begins as a flexible home office arrangement can, under OECD principles and most tax treaties, result in the creation of a permanent establishment (PE). This has implications for corporate income tax, registration, transfer pricing (TP), and payroll accounting. Ecovis experts use an example to illustrate how a permanent establishment arises and how it can be avoided.

China Patent Law: SPC Clarifies Inventive Step Requirements and Procedural Diligence

The Supreme People’s Court (SPC) of China has overturned the ruling from lower instances which declared the “magnetic repulsion suspension device” patent invalid. Advisors from Shanghai K-insight Law Firm – A Member of ECOVIS International, outline the key facts and the legal principles established in the proceedings.