Merry Christmas and a Happy New Year

The year is slowly coming to an end andChristmas is just around the corner. This is just the right time to escape the hustle and bustle of everyday working life and to treat yourself to a little peace and quiet. We hope that after this unusual, but hopefully successful year you will be able to spend a wonderful Christmas time...

Paternity leave: what has changed!

Since 1 January 2021, fathers in Switzerland have the right to two weeks of paternity leave. This change gives new fathers a chance to take some valuable time off to settle into their new role and support their families. Paternity leave raises various considerations for employers and employees, the most important of which are discussed below.

Inheritance law revision 2023

The reduction of the compulsory portion from 1 January 2023 offers the testator new flexibility. Plan early and review your last will or inheritance contract. Careful estate planning facilitates the settlement of the estate and reduces potential conflicts between heirs or beneficiaries. Our attorneys are happy to assist you in this process.

Inheritance law: The digital estate

Digital technology has long been a topic of discussion for most people. Accordingly, deceased persons are increasingly leaving an estate in digital form. For surviving relatives, it is almost impossible to track down the data of a deceased person on the internet and gain access to his or her digital estate. For this reason, everyone should take precautions regarding their digital estate during their lifetime. This article provides an overview of the necessary and sensible measures.

Abolition of bearer shares: Deadline!

Bearer shares are only permissible if a company is listed on a stock exchange or has structured the bearer shares as intermediated securities. If this is not the case, bearer shares must be converted into registered shares by 30 April 2021 at the latest. The conversion requires notarization by a notary public.

Cryptocurrencies: Tax values 2020 for Swiss net wealth tax purposes

The Swiss Federal Tax Administration (SFTA) has published the list of exchange rates of foreign currencies and cryptocurrencies as per December 31, 2020. The exchange rates are used to determine the tax values of foreign currencies and cryptocurrencies in CHF which individuals have to declare in their private tax declarations for net wealth tax purposes.

EU Growth Prospectus filed

In collaboration with our colleagues in the EU we have filed an EU Growth Prospectus for the public sale of participation certificates by a Swiss Startup in the Crypto Valley.

Coronavirus: Measures against bankruptcies will not be extended

At its meeting on October 14, 2020, the Federal Council decided not to extend the temporary measures to prevent corona-related bankruptcies. The measures of the Covid-19 Ordinance on Insolvency Law of April 16, 2020 were limited to six months and continue to apply until October 19, 2020. For legal entities and their responsible persons that are subject to a legal obligation to notify in the event of capital loss and over-indebtedness, this also means a return to the regular legal obligations to notify in the event of capital loss and over-indebtedness.