Switzerland harbours many sectors of the life sciences industry. Swiss research, development and production are well known in all corners of the planet. Switzerland is home to world leaders and is the origin of many groundbreaking ideas turned into successful start-ups, some set to become top players within a generation. The Federal Institutes of Technology […]
On 5 May 2020, all but four EU Member States have signed an agreement to terminate their intra-EU bilateral investment treaties. What are the consequences for the protection of EU investments? How does this agreement affect pending arbitration proceedings? And how should investors react in order to ensure adequate protection?
The Q&A gives a high level overview of key issues including corporate entities and acquisition methods, preliminary agreements, main documents, warranties and indemnities, acquisition financing, signing and closing, tax, employees, pensions, competition and environmental issues.
The existing emergency loan scheme for businesses facing liquidity issues as a consequence of the Covid-19 pandemic is tied to annual turnover (with one limited exception). Given that many start-ups only generate little or no revenue during their first years of operation, they have effectively been excluded from meaningful relief under the scheme.
Key features of step-up on migration Tax optimisation of cross-border payments As of 1 January 2020, foreign companies can take advantage of a tax-neutral step-up of built-in gains (including self-created goodwill) to fair market value for Swiss direct tax purposes when relocating their legal seat, effective place of management or assets, business units and functions […]
This case is of importance not only because it was likely to arise in other cases in the UK context of the coronavirus, but because Article 15 considerations arise in cases of grave importance, such as national security cases.
In the current environment landlords and tenants may find it difficult if not impossible to comply with some of their lease obligations.
The prohibition of unnecessary movements was implemented from the 24th of March, in accordance with the provisions of the Regulatory Administrative Act 117/2020. Subsequently, with the coming into force of the Regulatory Administrative Act 152/2020, from 13 April until 4 May, at 5:59 a.m., citizens without permission to commute due to work were only permitted one movement by exception, after following the SMS process, or the handwritten completion of Form B for persons above 65 years of age.
The “right to be forgotten”, which has become a trending right in the internet and digital media where even legal distribution and accure content of the information about individuals constitutes a violation of human rights, is of great importance especially for the dignity of these individuals, for independent development of their personalities and full authority over his/her personal data.
Taking into account the epidemiological situation in the world, as well as the need to ensure macroeconomic stability and stimulate foreign economic activity, the Government of the Republic of Uzbekistan regularly puts in place a number of measures to support the population during the period of combating the spread of coronavirus infection.
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