Image by Appolinary Kalashnikova

Energy. Some of the highlights from Oil & Gas, Mineral & Coal Mining, Geothermal, and Electricity.

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Real Estate. The amends made in omnibus Job Law creation intend to not only improve property licensing procedure, but also the previously restricted ownership for foreigners.

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Tourism. The new Omnibus law removed criminal sanctions applicable for damaging the physical tourist attraction or reducing the value of tourist attraction & requirement to obtain recommendation from the tourism professional association organisation to hire expat criminal sanctions applicable for damaging the physical tourist attraction or reducing the value of tourist attraction

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General Corporate. Simplification of Investment Requirements

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Employment. The previously specified period of max. 3 years employment is now removed and regulates work that is non-permanent in nature.

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