You have founded a startup company and you want to conquer the market with a great product or service. When the first customers don't pay on time, however, menacing clouds are starting to appear on the horizon. Failing incoming payments can squeeze your cash flow and, as a result, you might become unable yourself to settle all your payments on time. In either case, taking an efficient approach conscious of the legal framework gives you a big advantage.
The unemployment insurance helps − but only when the decision-making powers are relinquished.
Hardly any founder wastes much thought in the early phase of a startup on what might come after but when the project advances and becomes more and more demanding, the moment comes when the founders have to put all their eggs in one basket.
The formal incorporation of a company by a notary is clearly not the first step in a startup project. What do the founders have to pay particular attention to in this early phase? The VISCHER Startup Desk answers the 10 most frequently asked questions.
ECHR tightens the transparency obligations of the employer
On 5 September 2017 the Grand Chamber of the European Court of Human Rights ("ECHR") issued its judgement in the case Bărbulescu v. Romania on the legality of monitoring measures in the workplace. According to the judgement, an employer can limit the privacy of an employee in the workplace but not reduce it to zero. Employees must be informed of possible monitoring measures and these must have the least possible impact on the employee's privacy.
By the beginning of 2018, the EU countries have to implement the Payment Services Directive 2 (PSD 2). The aim of PSD 2 is to make electronic payment transactions safer, more convenient and more cost-effective. What changes are to be expected? Will Switzerland also be affected?
Federal Council has started the consultation process
On December 21, 2016, the Federal Council published the preliminary draft for a complete revision of the Federal Act on Data Protection (FADP). Interested parties may submit a formal position until April 4, 2017.