Deals & Cases / Maksim Salahub, Ann Laevskaya, Viktoryia Mikhnevich
Sorainen Belarus advised Bank of Moscow, a member of Russia’s VTB Group, on the sale of its Belarusian subsidiary, Bank Moscow-Minsk, to the Belarusian state. The state was represented in the transaction by the National Bank of Belarus and government-owned Paritetbank, which respectively acquired 99.75 % and 0.25 % shares in the target bank. The […]
Sorainen Belarus advised Russian Railways in connection with creation of the United Transport & Logistics Company (UTLC) together with the national railway companies of Belarus and Kazakhstan for the transport of containerised cargo within the Common Economic Space, including transit between Europe and Asia. Formation of UTLC is one of the largest projects in the […]
Sorainen Belarus advised Apalon Technologies, a Belarus-based Top 10 developer of iOS applications worldwide, on sale of its mobile applications business to Mindspark Interactive Network, an operating business of NASDAQ-listed InterActive Corp. The financial terms of the deal, which was closed on 3 November 2014, remain confidential. Apalon Technologies Ltd is a leading provider of mobile […]
1. Taxation of company cars changes As of 1 December 2014, amendments to the Estonian Value Added Tax Act (VATA) on taxation of vehicles take effect. Instead of the current 100% input VAT rate, entrepreneurs can now deduct only 50% of input VAT on purchase and use of a car under an operational lease as […]
Dear clients and cooperation partners, On 1 January 2015, VAT Law amendments will come into force with regard to VAT on telecommunications, broadcasting and electronically supplied services. The amendments introduce a change in the principle of determining the place of supply for telecommunications, broadcasting and electronically supplied services to non-taxable persons established in other member states. Under […]
