The COVID-19 situation drastically changes the business especially within the frame of events. Since physical events are now forbidden, some organisations consider to adapt the set-up of the event to comply with the current measures by implementing a virtual event instead.
On 23 March 2020, the Federal Customs Administration officially published a set of measures to support companies affected by the coronavirus during this challenging time. The package is especially focused on simplifications regarding payment settlement and operational customs clearing handling for specific types of goods and professional groups.
Many of our clients have been asking for, or are concerned about, the impact of COVID-19 on their Swiss pension funds. In our view, other than some tactical asset allocation decisions, there’s no need for panic.
The short-term will bring some pain through investment returns and lower interest rates, but the challenge for Swiss pension funds remains one for the long-term.
Corona virus: Canton of Zug extends a safety net for Zug businesses.
Switzerland, and thus also Canton Zug finds itself in an extraordinary situation. With the various restrictive measures taken by the Confederation to combat the coronavirus, the population and businesses of Zug are confronting a major endurance test.
As a company operating or a group headquartered in Switzerland, you should consider the following short-term measures (in Switzerland and abroad) to protect your global cash tax position in these unprecedented times.
We didn’t have any tickets for the circus performance and it was sold out. Reason dictated it wouldn’t make any sense to go to the venue and ask for a ticket at the counter. It was November, it was cold and rainy. To watch a movie at home seemed like the better solution. We went anyway.
I need to manage a lot of different projects at the moment. My calendar is fully booked and there isn’t space for anything new until the end of October. But when the call came in, I knew that it was an emergency and that I needed to help. I had to move all my appointments, had to apologise to a lot of people and arrange new meetings. Friday was thus fully booked out from morning till evening. As I travel a lot, I am well organised and I find packing easy. But because of this exceptional situation I had to take an additional bag.