Insights | Denuo

Denuo advises ASPACE on landmark institutional investment deal

Denuo has advised ASPACE, a Russian serviced office operator, on the entry of an institutional investor into the company’s share capital. As part of the transaction, Atoll Capital has joined ASPACE’s shareholder base.

Legal digest: Uzbekistan

We are pleased to share an overview of recent legal developments in the Republic of Uzbekistan which may be of practical significance for your business.

21 / 10 / 2610:00 msk

Three perspectives on IT transactions: intellectual property, taxes and data protection

New EU and UK Sanctions against Russia

The European Union and the United Kingdom have announced new sanctions targeting Russia. The EU measures provide for a significant expansion of the list of persons subject to blocking sanctions and primarily target the Russian military-industrial complex. The UK sanctions apply to oil companies, financial institutions, suppliers of goods to the defence sector and vessels.

Legal digest: Uzbekistan

We present an overview of the key legislative changes in the Republic of Uzbekistan that will enter into force in October 2026 and may be of practical relevance to businesses.

Payments to “unfriendly” creditors: courts take a stricter stance

In accordance with Decree of the President of the Russian Federation No. 95 dated 5 March 2022, financial obligations to creditors associated with “unfriendly” states exceeding RUB10 mln per month must be performed by crediting a special Type C account opened in the creditor’s name with a Russian bank. Funds credited to such Type C account may only be debited for specified purposes.

Türkiye exempts foreign-sourced income of new residents for 20 years

Individuals who are tax resident in Türkiye generally pay income tax on all global income according to a progressive scale from 15% to 40%. Tax non-residents pay tax only on income derived in Türkiye.
Amendments to Income Tax Law No. 193 introduced a provision on a new tax regime that establishes a specific status of a Turkish tax resident. Such resident’s income tax liability is limited to Türkiye-sourced income; only such income is to be declared.

Denuo strengthens its practice in Uzbekistan

Denuo announces the appointment of Zarrina Ruzmetova as counsel in the Tashkent office.

17 / 09 / 2612:00 msk

Legal opinion in banking transactions

16 / 09 / 2610:30 msk

Preparing a business for sale: what shareholders and management should consider when selling a business