Law for Entrepreneurs
#Entrepreneurlaw
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SMEs in competition law: consortia
What? For SMEs, cooperation among themselves is often the only way to compete with larger market players. The formation of consortia allows them to jointly prepare offers and participate in larger projects. However, consortia are tricky from an antitrust perspective because they have the potential to distort competition (even in a single project!). The problem…More
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End of the transition period for the adaptation of the articles of association and the organisational regulations – beware of virtual shareholders’ meetings!
What? On 1 January 2023, the new company law came into force and companies were granted a transitional period of two years to adapt their articles of association and organisational regulations. The deadline expires at the end of the year, but relatively few SMEs have taken the necessary steps to make the changes. So what?…More
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Partial flexibilisation of working and rest time provisions for further occupational groups
What? Without much media attention, an amendment to Ordinance 2 to the Labour Act (ArGV 2) came into force on 1 July 2023, which relaxes the maximum working hours regulations in information and communication technology (ICT) companies, as well as in auditing, trust and tax advisory firms. Various solutions have been adopted in the two…More
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