WLN: WLN News
UAE: "Know your Client" Law
The introduction of Federal Decree-Law No. (30) of 2024 (the “Law”), establishing a “Know Your Client” (KYC) Digital Platform, enabling identity verification is an important step forward for the United Arab Emirates (UAE) whereby UAE has committed to tackle financial crimes in the country. Objectives The decree law aims at achieving the following objectives: KYC […]
WLN Technology Law Focus Group Updates
Today the WLN Technology Law Focus Group shared valuable updates from our different jurisdictions in the world of technology law, particularly focusing on the rise in use of artificial intelligence platforms such as ChatGPT and DeepSeek. Our chair Diane Frank was joined by Renata Lewicka, Chris Erb, Jackie Wu, Randy Whitmeyer, John Kivus, Jakob Tasser, and Łukasz […]
Austria: Property purchase contract: Real estate transfer tax on inventory sold at the same time?
When drafting purchase contracts, a contract draftsman must always deal with the desire of the contracting parties to draft contracts that are as tax-optimized as possible. In this context, it should be mentioned that in Austria, inventory is generally not covered by real estate transfer tax. Inventory refers to movable objects that are located in […]
WLN Litigation & Arbitration Focus Group Updates
On Tuesday 11th February the WLN Litigation & Arbitration Focus Group met to continue its work on a multi-jurisdictional comparison on bankruptcy proceedings. Many thanks to Gloria Vinyals for chairing the meeting and to Zhanar Kassymbekova, Aselina Tulegenova, Armin Haidacher, and Sebastiaan Meeuwens for sharing their expertise. We are delighted that Zhanar and Aselina have joined our Litigation […]
Austria: Elimination of the broker's commission due to close relationship
The broker’s commission results from §§ 6ff MaklerG. In accordance with the statutory provisions, the commission claim arises with the legal validity of the brokered transaction. Without a legally valid brokerage contract, the broker is not entitled to commission. It should be noted that the brokerage contract is generally not bound by any formal requirement, […]
Italy: bureau Plattner announces its 2025 Promotions!
WLN member firm for Bolzano and Milano, bureau Plattner, has recently shared exciting news: We are pleased to announce the 2025 promotions! Matteo Figini (team legal, Milano), Rudi Moroder (team tax, Bolzano) and Sabino Piattone (team payroll, Milano) have been promoted to Salary Partners.Roberta Cavalleri (team legal, Milano) and Katrin Gross (team tax, Bolzano) have been promoted […]
UAE: National Register for Carbon Credits and its impact on business in the UAE
The UAE’s cabinet recently adopted Cabinet Resolution No. (67) of 2024, which aims to reduce GHG emissions to achieve climate neutrality in 2050 and regulate the registration of carbon credits in the nation. Scope of application: The Cabinet resolution applies to the following: Measuring, reporting, and verification requirements: The resolution provides comprehension methods and forms […]
Bulgaria: Nikolay Ilchev joins Mikinski and Partners Law Office!
WLN is excited to share the following news from our member firm in Sofia, Bulgaria: We are delighted to announce the newest addition to the team at Mikinski & Partners Law Office – Nikolay Ilchev! Nikolay graduated with a degree in Law from Sofia University “St. Kliment Ohridski” and is a member of the Sofia […]
Poland: ZUS audits, part I 2. What documents can be controlled by ZUS? Guide for contribution payers
We continue our series on ZUS inspections! In the previous article, we presented what was most often the subject of ZUS inspections in 2024 and how companies are selected for inspection. This time we will focus on documents that ZUS can control. Inspections carried out by ZUS raise many questions, especially with regard to the […]
Austria: The construction of small balcony power plants in residential property
The last amendment to the Condominium Act made it easier for apartment owners to set up “balcony power plants”. The term “balcony power plant” refers to a ready-to-plug photovoltaic micro-generation system with an output of less than 0.8 kW, which can already be plugged into an existing socket and is intended to supply a condominium […]