Organizational Confidentiality in Mongolia
Legal environment of Mongolia on Organizational confidentiality: Where the legal confidentiality environment is well established in a fairly competitive marketplace, business organizations are crucial in helping to build their own strengths, characteristics and colors.
What You Should Know When Purchasing an Oil&Gas or Mining Company
The sale and purchase of oil and gas or mining companies are one of the most complex transactions. There are many nuances in checking the acquired asset, obtaining transaction permits from state authorities, and taxation aspects. The article outlines the main practical tips for committing such transactions in Kazakhstan.
Is it risky to be a founder?
By carrying out entrepreneurial activities, i.e. independent activities carried out at its own risk, aimed at systematic profit from the use of property, sale of goods, performance of works or provision of services, in conditions of market instability, exchange rate fluctuations and consumer demand, the company may experience signs of bankruptcy.
New Concession Law of Ukraine Legal Alert
Effective use of existing resources is a mandatory feature of every individual so is for the whole countries. Ukrainian Parliament adopted a new Concession Law (the “Law”) which essence will be legally binding starting from 1 February 2020 (with a grace period for some provisions).
Mongolia is one of the wealthiest countries in the world of mineral resources and has developed its own independent mining industry since 1990. The country has joined the implementation of European and international technical, environmental and occupational safety and health standards in the mining sector to improve its competitiveness in the public and private sector.
Under a lease agreement, a landlord commits to hand over a thing for a tenant’s use for a fixed or non-fixed term and the tenant commits to pay the landlord the agreed rent. When the lease ends, the tenant is obliged to return the thing in a non-deteriorated condition; however, is not liable for normal wear and tear.The most common kind of the lease is a lease of premises – of an office, commercial or industrial space, as it enablesthe tenant to conduct business activity at the said premises without holding the ownershiptitle thereto. Over the years, specific types of collaterals to secure tenant’s obligations under lease agreements havefound their place in Polish legal and business practice. They are established to secure: payment of the fees due from the tenant under the lease agreement and performance ofnon-pecuniary obligations of the tenant under the lease agreement, including the obligation to return the leased premises after the end of the lease