Financial

An invoice usually states a due date: the final payment date. If this is missing, a statutory payment term applies. Please note: between businesses, the payment term may not simply be too long, and...

The prohibition on hindering employment (Article 9a Waadi) stipulates that a worker made available — such as a temporary agency worker or seconded worker — may not be prevented from... at the hirer after the completion of the assignment.

Due to rising inflation, rental prices are increasing significantly through annual rent indexation. The landlord may index the rent if the rental agreement permits it, but is not obliged to do so: he...

Share premium is the amount that a shareholder pays in addition to the nominal value upon the issuance of shares. This premium payment is deposited into the share premium reserve (equity) and is a way to... capital.

An employee with debts also affects you as an employer: you face wage garnishment, extra administration, and potential productivity loss. You are obliged to cooperate with a wage garnishment, but...

If you sell something to a minor who does not pay, in many cases you can hold the parents liable. Minors are legally incapable and, in principle, act with the consent of their parents,...

If you, as an entrepreneur, are temporarily experiencing cash flow problems, there are several options to get some breathing room. You can ask your supplier for a deferral or a payment arrangement, and in the case of more serious problems...

A financing clause is a resolutive condition in an agreement: if the buyer fails to secure the necessary financing, he can terminate the purchase free of charge. It protects you against the situation...

Borrowing money from your own private limited company is permitted, but it is a loan — not a gift. Structure the loan commercially with a market-rate interest and repayment, otherwise the tax authorities will view...

An intercompany loan — a loan between companies within the same group — seems simple, but requires due legal and tax care. Structure the loan on an arm's length basis, with market-standard terms, in order to...