On 1 January 2023, the long-awaited reform of Swiss corporate law entered into force. Amongst various changes this reform also introduced some new regulations regarding the duties of the board of directors when a company is in financial distress. While some of these new regulations bring clarification to long disputed questions, others introduce new obligations …
Continue reading "New Provisions regarding Financial Distress"
After a slight increase in VAT rates at the beginning of this year and the abolition of customs duties on industrial products, the next round of changes in the area of VAT is around the corner. Although the Federal Council has not yet confirmed the official enactment date, it is expected that the VAT changes …
Continue reading "Will Switzerland’s partial VAT revision bring a new era?"