As we entered the last days of 2022, China lifted COVID-19 restrictions and downgraded the virus – overnight on 26 December, 2022. Leaving businesses to grapple with the sudden shift,…
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Omicron sub-variant BA. 5.2.1 cases have been detected in China and cities across China are continuing to contain related omicron and sub-variant cluster breakouts through epidemic control and prevention measures…
Rückforderung der Kurzarbeitsentschädigung – Was können Sie tun? Während der Pandemie in den Jahren 2020 und 2021 waren plötzlich sehr viele Unternehmen in der Situation Lohnkosten nicht mehr alleine tragen…
From March 2022, several cities in China have established citywide or block static management control (lockdown) to contain the new variant of COVID-19 virus – Omicron. Namely in Shanghai, the…
Changes to social security insurance policies have been issued to stabilise companies impacted by the recent COVID outbreaks. Namely the policies impact employment and support cash flow difficulties by reducing…
On Saturday, 16 April 2022, the Shanghai Commission of Economy and Informatization issued a guideline (‘Guideline’) for industrial enterprises to start the orderly resumption of work and production with controlled…
Small and micro businesses Corporate income tax The corporate income tax rate was reduced from 10 percent to 5 percent for small and micro-businesses. The tax rate is applied to…
The recent wave of COVID-19 in China has severely impacted many business operations. With area or city-wide lockdowns and confirmed cases rapidly increasing per day, businesses are facing cash-flow and…
1. Was ist die neue Proximity-Tracing-App? Die sog. Proximity-Tracing-App (nachfolgend: «PT-App») soll helfen, die Ausbreitung des Coronavirus einzudämmen und dazu beitragen, Infektionsketten zu durchbrechen und besser nachzuverfolgen. Sie wird das…
The coronavirus crisis has clearly become an economic challenge for the whole world. The spread of the virus represents both a negative supply shock and a negative demand shock across…
