Amendments to the legislation in the Republic of Azerbaijan
The Law of the Republic of Azerbaijan “On making amendments to the Tax Code of the Republic of Azerbaijan” #534-VIQD which was adopted on May 13, 2022 and entered into legal force on June 10, 2022 has expanded the types of income of individuals exempt from income tax
25.07.2022
In a period of unprecedented geopolitical turbulence and associated financial and logistical challenges, many entrepreneurs are considering relocating their businesses to more politically and economically stable jurisdictions. An alternative to the countries of the European Union and offshore countries can be rapidly developing member states - Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan.
"Procedure for determining the average salary" and "for granting annual leave and calculating annual leave pay"
Based on the Article 24.2 of the Law on Government of Mongolia and article 103.1.1 of the Labor Law (revised version), the “Procedure for determining the average salary” was approved and entered into legal force on January 1, 2022.
M&A - due diligence from an employment law perspective
Issues that are identified during an employment due diligence can have a crucial impact on the business transaction as during M&A the buyer also acquires the human capital of the target company. Human capital is considered an intangible asset of the company.
Remote work in Russia (including remote work of foreign workers)
At the end of 2020, the labour legislation of the Russian Federation was supplemented with a new version of Chapter 49.1 of the Labour Code of the Russian Federation, which regulates the work of telecommuters.
Remote work in Kyrgyzstan (including remote work of foreign workers)
To date, the issue of regulating remote working under the labour legislation of the Kyrgyz Republic is relevant and important. It should be noted that this issue was an pressing long before the current situation and before the pandemic, and subsequent declaration of a state of emergency in the country last year.
Remote work in Kazakhstan (including remote work of foreign workers)
Against the backdrop of the COVID-19 pandemic and prolonged quarantine restrictions, the issues of teleworking in Kazakhstan have acquired particular relevance. According to the publication of the MK-Kazakhstan newspaper, in Kazakhstan in 2020 the number of employees working remotely increased 100 times - from 60,000 to 6,000,000. Another source, Forbes Kazakhstan, reports that as of May 2020, 70% of civil servants were using telecommuting.
Remote work in Belarus (including remote work of foreign workers)
Chapter 25-1 of The Labor Code of the Republic of Belarus (hereinafter - LC) provides specific regulation of the work of employees performing the remote work.
Remote work (including remote work of foreign workers)
The interaction of the employee and the employer in the conditions of remote work in many jurisdictions is already a very familiar phenomenon. In the context of the COVID-19 pandemic and the gradual transition of labour relations to the digital space, remote work has become the universal response of employers and employees to the external and internal challenges of 2021.
Remote work in Ukraine (including remote work of foreign workers)
On February 27, 2021 the Law of Ukraine "On Amendments to Certain Legislative Acts Concerning Improving the Legal Regulation of Teleworking" came into force, the adoption of which was dictated by the need to provide additional social and economic guarantees in connection with the spread of coronavirus disease (COVID-19).
Remote work in Uzbekistan (including remote work of foreign workers)
Today, the situation with the COVID-19 pandemic around the world is making changes in almost all spheres of people's lives, which in turn leads to the need to adopt additional mechanisms in the regulation of labour relations aimed at solving employment problems and improving the welfare and safety of the population. To some extent, the coronavirus pandemic has become a shift for the further digitalisation of labour relations, as well as the massive introduction of remote work in our republic.
21.06.2021
The information herein is based on theoretical and practical information available as of April 2021. The content of this publication is intended for foreign businessmen and companies seeking to do business in the Republic of Kazakhstan.