by Generis Legal Intelligence | Sep 22, 2021 | Incorporations, Knowledge Hub
The sole proprietorship is cheap and gives you greater flexibility and power, yet, there are major disadvantages. A sole proprietorship is cheap and gives you greater flexibility and power, yet, there are major disadvantages. The most popular company type in the...
by Generis Legal Intelligence | Sep 20, 2021 | Knowledge Hub, Legal News, 🇸🇬
Gig workers will be the focus of a newly established committee in Singapore, which will look into ways to provide them with more security in the areas of retirement and housing adequacy, work injury financial protection, and negotiating power. According to Senior...
by Generis Legal Intelligence | Sep 20, 2021 | Knowledge Hub, Legal News, 🇦🇪
In this day and age, the world is undergoing the Fourth Industrial Revolution, which is characterised by digital transformation and propelled by advancements in artificial intelligence (AI), robots, the Internet of Things (IoT), genetic engineering, quantum computing,...
by Generis Legal Intelligence | Sep 18, 2021 | Generis Incorporation, Guide to UAE, Knowledge Hub, 🇦🇪
According to recent official statistics released by the Department of Economic Development in Dubai (DED), more than 3,000 licences have been granted since 2017 for the sole purpose of trading products on social media platforms. The majority of the participants were...
by Generis Legal Intelligence | Sep 18, 2021 | Knowledge Hub, Legal News
With the proposal to change its rules to allow SPACs to list, Hong Kong would become the latest jurisdiction to tap the demand for such investment vehicles even as the frenzy that began last year has waned. However, the proposed changes would impose stricter...
by Generis Legal Intelligence | Sep 17, 2021 | Knowledge Hub, Legal News, 🇦🇪
Over the past three years, the United Arab Emirates has achieved a paradigm change in terms of narrowing the gap linked to wage inequalities between men and women working in the same industry or owning companies of equal value, according to the Emirates News Agency...
by Generis Legal Intelligence | Sep 17, 2021 | Intellectual Property, Knowledge Hub, Legal News, 🇬🇧
A long-awaited proposal for reform of the United Kingdom’s data protection legislation was released by the Department for Digital, Culture, Media, and Sport (DCMS) on September 10, 2021, after months of anticipation. The consultation document contains a thorough...
by Generis Legal Intelligence | Sep 17, 2021 | Knowledge Hub, 🇨🇳
Process serving is essential in nearly every single legal action, including civil litigation. This is also true when it comes to the serving of extraterritorial court papers in civil and commercial cases within the mainland Chinese territory of the PRC. A service that...
by Generis Legal Intelligence | Sep 16, 2021 | Knowledge Hub, Mergers and Acquisitions
If a post-deal asset disposal is correctly structured, it has the potential to minimise or eliminate taxable gain. In order to better understand this concept, let us use a simple example. Pursuant company P wants to acquire target corporation T by purchasing...
by Generis Legal Intelligence | Sep 16, 2021 | Knowledge Hub, Mergers and Acquisitions
A leveraged buyout (LBO) is a business transaction in which a company’s capital stock or assets are acquired using borrowed funds, resulting in the company’s new capital structure being dominated by debt. After a buyer purchases all of the stock in a...
