In February 2017, we reported on the opening of a consultation on new draft regulations designed to reduce barriers to entry for FinTech firms and to strengthen the attractiveness of the Swiss financial markets. The consultation process was closed on 8 May 2017. Following certain suggestions made, the Federal Council during its meeting of 5 July 2017 implemented the proposed changes to the law resulting in simplifications not only for FinTech firms but also for established financial service providers. Read more about the amendments which will enter into force on 1 August 2017.
As summer draws closer, focus can naturally shift to holidays and much anticipated events with family and friends. We have compiled a check-list to help you stay organised this time of year around your company's Swiss immigration needs in order to avoid stress and enjoy the summer season to its fullest. Read on to learn more!
In the framework of the proposed general revision of Swiss corporate law, the Federal Council intends to overhaul the existing restructuring regime for distressed companies. The objective of the effort is to create incentives for distressed companies to take the necessary restructuring measures as early as possible and, by doing so, avoid bankruptcy.
Political and economic stability, an attractive fiscal environment as well as the high quality of the general standard of living has made Switzerland for decades the preferred destination for people who want to relocate abroad. When granting residence permits, Switzerland differentiates between two categories of foreign nationals: the EU-28/EFTA-nationals on the one hand, and the nationals of so-called third countries (non-EU-28/EFTA states) on the other.
hen it comes to marriage and divorce, one might rely on the experience of the recently passed away, eight times married Zsa Zsa Gabor, who once said: “You never really know a man until you have divorced him.” And as for the secondary effects of divorce, Zsa Zsa Gabor stated: “I am a marvelous housekeeper. Every time I leave a man, I keep his house”.