LEGAL UPDATE: New Investment Law and Law on Enterprises.

As mentioned in our update yesterday (, we have now prepared a full update comparing the old laws to the new clause-by-clause.

These laws will become valid on 1 January 2021. 

One point on nominee transactions we would like to note. A nominee transaction is defined as a transaction to conceal another. Thus, it is much broader than using nominees to hold shareholding interests.

Below is the link:

DN Legal, 31 July 2020