DORDA establishes multidisciplinary Digital Industries Group

DORDA has always had a strong focus on the digital and technology sector. The team of nine leading and award-winning IT/IP professionals led by partner Axel Anderl has been boasting a strong track record of relevant client relationships for more than a decade. In addition, other expert teams of the firm, such as the M&A group, the corporate law, banking and insurance teams or the antitrust team, also work for technology companies on a daily basis. As a consequence, DORDA has now established a new interdisciplinary Digital Industries Group, which institutionalises the cooperation of DORDA’s experienced, technology-oriented experts in the digital and technology sector. Constant sharing of know-how will further strengthen the expertise and quality of the Group’s services, thus creating further synergy effects for clients.

The Digital Industries Group is headed by Axel Anderl. Attorneys Bernhard Heinzl (IT/IP) and Lukas Schmidt (Corporate M&A) will jointly be responsible for the management. The core team of the group currently comprises 14 experts from the areas of IT/IP/Data Protection, Corporate Law, M&A, Antitrust Law, Litigation and Arbitration as well as Banking and Finance. In addition, the team is also supported by Life Science and public law experts.

“Innovation and ongoing development combined with the use of new technologies are present in all economic sectors. With the new Digital Industries Group, we offer holistic legal advice in a digital world,” says Axel Anderl. “Depending on the technology and areas of application, different areas of the law are concerned. However, companies prefer one contact person and a law firm which can offer competence and, above all, experience in all areas”.

In addition to the basic legal services such as contract drafting, IT and joint venture projects, outsourcing, digitalisation and transaction support, the Digital Industries Group also focuses on emerging technologies such as blockchain, AI, machine learning, digital corporate law (tokenisation of shares, participation certificates), supervisory law in the digital age in the financial and insurance sector, FinTechs and of course start-ups.

“In recent years, there has been a significant increase in the demand for specialized and cross-team advice on M&A transactions regarding tech companies. Especially for companies with digital business models, experience has shown that there are numerous legal issues in the transaction area, which require interdisciplinary work. The Digital Industries Group is able to provide direct and smart solutions and thus further increase the quality of our consulting services for clients,” says Lukas Schmidt.

Bernhard Heinzl continues: “DORDA has been working successfully with tech-related teams in numerous matters. We want to provide our clients with further added value through the synergies of our teamwork and by pooling our strengths across teams.”

DORDA is a leading law firm in Austria, advising in all areas of business law. In addition to Corporate, M&A, real estate and tenancy law, banking and capital markets law, the firm’s practice areas comprise insolvency law and restructurings as well as dispute resolution, tax law, competition/antitrust law, employment law, public law, data protection, IT, IP and media law.

CARF disapproves binding precedent that would harm ship agents

The Firm was represented today by our partner Jeová Costa Lima Neto, who accompanied the extraordinary session of the Administrative Council of Tax Appeals (CARF), in Brasília, which deliberated on fifty draft proposals. Among the proposals, we highlight the 49th Proposal for Binding Precedents, whereby “the cargo agent and the maritime agent, as local representatives for the international carrier, are liable for infringements committed in the carriage of goods by sea”.

The Binding Precedent was not approved! This closed another chapter in the long battle fought by the Tax Authority against ship agents – who suffer from the fact that The Brazilian Federal Revenue Office (RFB) imposes on them fines that should be destined to the international carrier. The binding precent proposed by CARF intended to give a final outline to the imbroglio, but in a completely unfavorable outcome to ship agents – essential figure for international maritime transport.

As agents of foreign shipowners who carry out international transport, ship agents perform important task of dealing directly with the complex intricacies of Brazilian bureaucracy.

Our office mission is to promote foreign trade, shipping mentality and Legal Certainty in and outside the courts, we are happy with the outcome of the non-approval of CARF’s proposed binding precedent!

Taxation Around the World

Benjamin Franklin famously said that life’s sole certainties are death and taxes. It’s curious, given their universality, that we avoid thinking about these realities. But taxes are not merely worth thinking about, they’re fascinating. And they come in countless varieties.

The all-encompassing, deceptively brief infographic we present here includes specific examples of taxes around the world and how different conceptions of taxation are evolving in the digital era. We use images to untie the conceptual knots and tease apart the strands of similarity that serve as the warp and woof of worldwide taxation. Understanding the variety of tax systems around the globe can lead to renewed appreciation of the creative capacity of the human spirit.

Yes, taxes.

The United States has federal taxes, of course, plus distinct tax laws in each of the 50 states. We use America as a benchmark to compare the lowest- and highest-taxed countries in the world. We explore relationships among political systems and tax codes. We highlight curious facts, unsuspected trends, and obscure figures of urgent relevance.

The results of our extensive research, data collection, and artistic ingenuity are arrayed in the detailed graphic you see here. It’s jam-packed with important statistics, tidbits about the states with the highest taxes, digital taxation, corporate tax rate by country, and much more. Whether you’re looking for today’s numbers or projections about the future of taxation, it’s all here.

No one enjoys paying taxes, but we hope you will enjoy learning about them here.

Incentive Program for Cabotage Navigation and Foreign Vessels

Published in the Union Official Diary of this Friday, August 30, the approval of a the resolution of the Investment Partnership Council of the the Presidency of the Brazilian Republic with the directives for police making regarding an Incetive/Stimulation Program to cabotage transportation to be named “BR do MAR”.

The policy aims to:

  • Increase the supply and quality of cabotage transport;- Encourage competition and competitiveness in the provision of cabotage services;
  • Increase the availability of fleet in the national territory; encourage the training, training and qualification of national seafarers;
  • Stimulate the development of the national shipbuilding industry for the construction, jumborisation, conversion, modernisation, docking and repair of vessels used for cabotage navigation;
  • Review the interrelationship of cabotage navigation policies to shipbuilding policies;
  • Encourage special cabotage operations and investments in port facilities to meet cargoes type, route or market not yet existing or consolidated in Brazilian cabotage;
  • Optimise the use of resources from the collection of the tax – additional freight for the renewal of the Merchant Navy (AFRMM).

The Program Council considered that cabotage waterway transport was comparatively more efficient, safer and had lower environmental costs and impacts than road or rail. It has a greater participation of the waterway modal, especially cabotage transport, in the country’s logistic matrix is the most effective and expeditious measure to balance the excessive expenditures of the Union, States, Federal District and Municipalities in road and rail infrastructure projects;

The Council also considered the need to allocate areas located within public ports for temporary use and viability of investments to meet cargoes in type, route or market not yet existing or not consolidated in Brazilian cabotage, seen as essential for the reconfiguration of the logistics matrix of the country; the feasibility of the cabotage stimulation policy encompasses measures that optimise the use of Union revenues from the collection of the Additional Freight for the Renewal of the Merchant Navy (AFRMM), including to ensure investments in coastal navigation safety by the Brazilian Navy;

Actions and other measures to encourage cabotage, in particular those allowing greater participation of foreign vessels in Brazilian cabotage, will be considered of relevant public interest and strategically prioritised for all legal purposes; the powers assigned to the Special Secretariat of the Investment Partnership Program to strengthen national policies for the integration of different modes of transport of persons and goods, in accordance with national, regional and urban development, national defense, environmental, and environmental policies. security, formulated by the various spheres of government.

The Ministry of Infrastructure already foresees, for 2025, that the cabotage will have a 29% participation in the Brazilian transport matrix, through 205 waterway interventions, at a cost of R$ 15,8 billion.

Full shortlist announced for International Investment Awards 2019

The Excellence in Advisory Best Practice award shortlist and audience voting phase for the Emerging Talent of the Year and Personality of the Year and new awards for Excellence in Client Service, with separate categories for both advisers and the industry are below.

In both of the Excellence in Client Service categories and the Excellence in Advisory Best Practice category there will be an overall winner in each category and winners in each region announced on evening of the awards.

Here are the shortlists:

Emerging Talent of the Year*

  • Craig Holding – Abacus Financial Consultants
  • Simon Black – Dolfin
  • Emma Furzer – Fairway Group
  • Riyad Adamou – Holborn Assets
  • Carl David Turner – Infinity Financial Solutions
  • Jamie Bubb-Sacklyn – Infinity Financial Solutions
  • Alex Norwood – Montfort
  • Nathan Prior – Partners Wealth Management
  • Timothy Townsend – Standard Bank

Personality of the Year*

  • Nigel Green – deVere Group
  • Louise Bracken-Smith – Fairway Group
  • Trevor Keidan – Infinity Financial Solutions
  • Nigel Sillitoe – Insight Discovery
  • Serge Krancenblum – IQ EQ
  • Per Wimmer – Wimmer Family Office

Excellence in Client Service – NEW*

Advisers:

  • AIVA
  • Atlas Wealth Management
  • deVere Group
  • Holborn Assets
  • Partners Wealth Management

Industry:

  • Dolfin
  • Hansard
  • Odysseas
  • Old Mutual International
  • POP & Associates
  • RL360
  • Utmost Wealth Solutions

The Excellence in Advisory Best Practice Award** is voted for by judges only. The shortlist is as follows:

  • Abacus Financial Consultants
  • deVere Group
  • The Fry Group
  • Partners Wealth Management
  • VFS International

The shortlist for the Excellence in International Private Banking and Best Family Office awards will be revealed on the night, with shorlisted participants notified in advance.

Brazilian office is finalist for Lloyd’s List Americas 2019

Promare | Rabb Carvalho Advogados is among the seven finalist offices of the international award, organised by Informa Group, the Lloyd´s List Americas Awards. The firm competes in the “Maritime Law Excellence” category and the result will be announced at a ceremony in Houston on September 24.

The firm is based in North-Northeast Brazil and is competing for the Americas prize against the largest law firms in the United States, being the only Latin American law firm on the finalist list. This is the top prize in the entire Shipping industry.

Lloyd’s List Americas is the industry awards program that recognises and rewards excellence in all fields of the maritime industry. Through extensive research with players in the segment, Lloyd’s publishes a list of finalists, who are judged and chosen as the best by a community of associations and industry leaders, making the Lloyds List Awards a highly desirable award of distinction.

The exclusive maritime event will feature two expert-led discussions on how marine fuels have advanced and how they meet decarbonisation targets, coupled with the presentation of awards judged by a panel of data-proven associations and industry leaders.

The firm was founded in 1999 focused on maritime commerce based in the north- northeast of Brazil with national and international reach. The firm provides advice on maritime commerce with simple but legally safe business transactions, offering a pragmatic approach to all the areas that are strategic to the operation and expansion of a businesses in this sector.

Promare is a dynamic, modern office with traditional values based on commitment, proactivity, passion, integrity, strategic vision and results.

The North-Northeast runs through our veins and in recent years we have been hard at defending the logistics of Northern Arc and the players that use it. We operate in the region in Emergency Response system 24 hours a day, 7 days a week, in situations of Shipping casualties and incidents.

We are extremely honored to be part of the Lloyd’s List Americas 2019 exclusive shortlist. We thank all our staff for their excellent work and all our clients and partners for their trust. Honored to be representing our country and the North-Northeast region!