Switzerland

Preparing payroll for employees is already associated with several challenges in everyday operations. For employees who are subject to withholding tax, additional aspects must be considered.

Although the Digital Services Act (DSA) primarily targets EU Member States, its effects extend far beyond Europe, impacting companies worldwide, including those in Switzerland.

In addition to the solvency (see our previous blog), the board must under Swiss law monitor the balance sheet: In case over-indebtedness, the board must balance continuing operations with protecting creditor interests.