Comunicació

TANZANIA RESTRICTS VARIOUS BUSINESS ACTIVITIES TO NATIONAL CITIZENS

The Government of Tanzania has approved new regulations limiting the conduct of certain economic activities exclusively to Tanzanian citizens. The measure, promoted by the Ministry of Industry and Trade, was formalized through the Trading Licences (Prohibition of Business Activities for Non-Citizens) Order, 2025, published in Government Notice No. 487 on July 28, 2025. This provision […]

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EU AND INDONESIA SIGN HISTORIC TRADE PACT

After nearly a decade of negotiations, the European Union (EU) and Indonesia have concluded an ambitious trade agreement known as the Comprehensive Economic Partnership Agreement (CEPA), alongside an Investment Protection Agreement (IPA). This pact marks a strategic step toward opening new markets and reshaping trade flows between Europe and Southeast Asia.   Main points of

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NEW PROVISIONS ON THE H-1B VISA IN THE UNITED STATES: APPLICATION ONLY TO FUTURE PETITIONS

On September 19, 2025, the President of the United States issued a Proclamation restricting the entry of certain nonimmigrant workers, aimed at addressing potential abusive practices in the use of the H-1B visa. This measure, formalized through a memorandum from United States Citizenship and Immigration Services (USCIS), introduces a significant change in the processing of

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CHINA STRENGTHENS LABOR PROTECTION MEASURES AGAINST HIGH TEMPERATURES

The rise of extreme summer temperatures in China has led to reinforced employer obligations regarding occupational risk prevention and high-temperature subsidies. National and local labor authorities now demand stricter compliance with regulations to protect workers’ health, particularly in sectors with direct exposure to heat. Legal framework The regulations are based on the Labor Law of

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THE MERCOSUR-EU AGREEMENT NEARS APPROVAL AND OPENS NEW OPPORTUNITIES FOR SPAIN

The trade treaty, which could come into force shortly, will eliminate most tariffs and give a strong boost to Spanish exports to Latin America. The Association Agreement between the European Union and Mercosur is entering its final stretch after 25 years of negotiations. The pact, which will integrate the EU commercially with Brazil, Argentina, Uruguay,

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THE EUROPEAN UNION ADOPTS THE 18TH SANCTIONS PACKAGE AGAINST RUSSIA AND BELARUS

On July 18, 2025, the Council of the European Union approved the 18th sanctions package in response to Russian military aggression against Ukraine. This new set of measures intensifies economic, energy, financial, and technological pressure on Russia and Belarus in an effort to restrict their ability to sustain conflict and reaffirm the EU’s commitment to

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THE EUROPEAN UNION ADOPTS THE 17TH PACKAGE OF SANCTIONS AGAINST RUSSIA IN RESPONSE TO ITS AGGRESSION AGAINST UKRAINE

On May 20, the Council of the European Union adopted the seventeenth package of sanctions targeting Russia in response to its continued military aggression against Ukraine. Russian “Ghost Fleet”: The EU has blacklisted 189 additional ships from third countries that have been supporting the so-called Russian “Ghost Fleet,” used to illicitly transport crude oil and

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EXEMPTION PROVIDED FOR IN ARTICLE 7p OF THE PERSONAL INCOME TAX LAW. ACCREDITATION OF WORK ABROAD

The Directorate General of Taxes (DGT) has issued binding consultation V0416-25, addressing key aspects of the application of the exemption provided for in Article 7p of the Personal Income Tax Law on income obtained from work actually performed abroad. The consultant, due to an employment relationship with a Belgian entity, travels 10 days a month

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OBLIGATIONS OF COMPANIES WITH FOREIGN CAPITAL PARTICIPATION TO THE CENTRAL BANK OF BRAZIL

The Central Bank of Brazil has implemented important updates to its regulations for companies with foreign capital participation, in accordance with BCB Resolution No. 278 (December 31, 2022), amended by BCB Resolution No. 348 (October 17, 2023), and supported by Law 14,286/2021. These new provisions are essential for compliance with regulatory obligations and the proper

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