Legal News Update – September 2016

BROSS & Partners would like to introduce a number of regulation highlights as follows:

• Guiding the application of any interim injunctive relief according to the Bankruptcy Law

• Guiding on accounting system for small and medium-sized enterprises

• Guiding on deducting the value added tax ("VAT") to the next period

• The ordinary import duty schedule

• Application of new regulations on schedules preferential import and export tariffs

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