The Blockchain Taskforce has released the White Paper with recommendations how to amend the current law to appropriately reflect the new developments in connection with the blockchain technology and Initial Coin Offerings.
AEOI and voluntary self-disclosure – the deadline expires
On January 1, 2017 the legal basis for the introduction of the automatic exchange of information (AEOI) came into force.
ICO: Non-action letter from FINMA for crypto payment service provider obtained
Reichlin Hess AG obtained a non-action letter from FINMA based on the updated practice according to the guidelines published on 16 February 2018 in connection with the planned ICO of a crypto payment service provider.
Tax Proposal 17: Canton of Zug welcomes the dispatch of the Federal Council
In der Medienmitteilung vom 22. März 2018 nimmt die Finanzdirektion des Kantons Zug Stellung zur Botschaft des Bundesrates zur Steuervorlage 17.
Initial Coin Offering: Leading tax ruling obtained
Reichlin Hess obtained a leading tax ruling regarding the income tax treatment of an ICO regarding a utility token.
Matthias Lerch acts as Lecturer at Lucerne University of Applied Sciences and Arts
Matthias Lerch is a lecturer at the Lucerne University of Applied Sciences and Arts in the course "Management and Law".
Crypto Incorporation
We are happy to assist you with the incorporation of your new Swiss legal entity (Ltd. / LLC) by using renown cryptocurrencies such as Bitcoin, or Ether.
FINMA publishes Guidelines for Initial Coin Offerings
In new guidelines published on 16 February 2018, the Swiss Financial Market Supervisory Authority sets out how it intends to apply financial market legislation in handling enquiries from ICO organisers.
Utility Token
Reichlin Hess advises on the issuance of a Utility Token from a Swiss regulatory, legal and tax perspective.
Blockchain: ICO Code of Conduct
On 8 January 2018, the Crypto Valley Association (“CVA”), a Swiss based non-profit organization, published a Code of Conduct for Initial Coin Offerings.
Tax Proposal 17: Federal council determines the cornerstones
At its meeting on 31 January 2018, the Federal Council adopted the cornerstones for the message or dispatch to the draft bill to the Parliament regarding the tax proposal 17 (TP17).
Blockchain: Crypto Valley Zug
At least since 2017, the Canton of Zug has evolved into a crypto valley. As a Zug-based commercial law firm we would like to give you a brief insight into Blockchain and crypto-related applications.