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South Korea: COVID-19 and its implication for employers

27th April 2020

Korea is generally considered to have dealt with COVID 19 very well (so far). There has been no lockdown as such and life has carried on relatively normally. However, the disease has obviously had and will continue to have far reaching consequences. Absent a vaccine, it is not yet known for how long the crisis will continue. Some models are less optimistic and have suggested that it will have effects to a greater or lesser degree for a significant amount of time to come. As COVID 19 affects a business, its owners and managers will need to consider their commercial and legal options. One effect of the pandemic may be to negatively impact a business’ cash flow. Businesses will therefore look at ways to cut their costs. One major cost is for employees. MSI's South Korea law member Ahnse Law Offices considers what options there may be in this regard.

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ACCA Webinars: Working together through the challenges of Covid-19

27th April 2020

The ACCA is running a series of webinars on the topic of COVID-19 and its impact on the global economy, businesses and people. View a list of the upcoming webinars below.

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Doing business in Finland

24th April 2020

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COVID-19 VAT measures in the Netherlands

22nd April 2020

The Netherlands has announced temporary support measures for businesses that have been affected by COVID-19. MSI's Dutch accounting member Ruitenburg adviseurs & accountants provides a summary.

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