The easiest way to terminate an employment contract is by mutual consent. The arrangements made will then be laid down in a settlement agreement. What do you have to consider with regard to such an agreement?
A conversion of a legal entity into another legal form may offer advantages, such as more opportunities for raising capital or expansion or more opportunities for commercial operations.
Currently, it is difficult or impossible to find out who the main shareholders of private and non- listed companies are. A shareholder is only registered in the trade register and therefore public if a company has only one shareholder.
The purpose of the probationary period is for the employer and employee to get to know each other better before being bound to each other. During the probationary period, both the employer and the employee can terminate the employment contract.
In Hong Kong, employment contracts or HR policy must state clearly what amounts to sufficient disclosure over the acceptance of advantages and any outside remuneration, including moonlighting, and who has the authority to approve it. Training and awareness of relevant policies and approval authority are vital, as is a mechanism for declaring outside work.
In a tight housing market it can be tempting to buy (partly) let property, if you don’t need the space (yet) or as an investment. But don’t forget: If you need the let space yourself, it won’t be easy to end the tenancy.
All companies that import goods into the EU, and especially into Germany, have to pay the corresponding import duties. These duties are composed of the customs duty and the import sales tax.
This article addresses those who are novices to the UNIDROIT Principles of International Commercial Contracts (“UNIDROIT Principles”) or skeptics to using a different legal regime than (i) their home law or (ii), if they cannot impose their home law, to using something else than a ‘neutral’ state law such as English or Swiss national law.
Each company has the statutory requirement to promote its own interests. Consequently, companies from the same group may have conflicting interests in certain situations. Read more as to how conflicts are resolved and where ultimate responsibility of message lies.
The emergence of Bitcoin on the financial market has caused some upheaval. Investors and customers have started to use this cryptocurrency as hard currency. See what sort of trends and issues are encountered when using Bitcoin to purchase real estate.