business building in Toronto, Ontario, Canada

Termination of Employment the Canadian Way

By Jeffrey Percival and Kate Bresner, Pallett Valo LLP

The US concept of “at-will employment”, which allows for termination of employment for any reason without notice (so long as it is not for an illegal purpose), does not exist in Canada. In Canada, reasonable notice of termination is an implied term in all employment agreements. In order to terminate an employment relationship without cause, an employer must provide appropriate notice or pay in lieu.

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Tax aspects to consider when hiring Russian remote employees

By Valeria Khmelevskaya, KBK Accounting

Engaging remote employees might be relevant for businesses located in Russia, including those with foreign investments like subsidiaries or branches (e.g. when the relevant employee has left Russia but continues working for a Russian company), as well as for foreign companies hiring employees residing in Russia.

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Graz, Austria

“Austrian Limited” – Wind of change for Austrian company law?

By Wolfgang Braza & Gregor Kaschowitz, KAPP & PARTNER Rechtsanwälte GmbH

The following article will present the Austrian Limited as a possible new corporate form under Austrian law. The Federal Ministry for Digitalisation and Economic Location commissioned an expert report from two Viennese law firms that drafted the key points for a new corporate form. In particular, the aim was to ensure an unbureaucratic foundation and a flexible allocation of shares.

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Kansas City, USA

The new US Corporate Transparency Act has employment law related implications

By Anthony J. Soukenik, Sandberg Phoenix & von Gontard

On 30 September 2022, the Financial Crimes and Enforcement Network (FinCEN) issued final regulations to implement revised beneficial ownership information (BOI) disclosure rules for legal entities in what is commonly referred to as the Corporate Transparency Act (CTA), Federal Register: Beneficial Ownership Information Reporting Requirements; 2021-26548 (govinfo.gov).

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Transformation through agile HR practices

By Ashu Malhotra, R.N. Marwah & Co. LLP

Disruptive forces are sharply changing how organisations operate, creating an imperative for enterprises to rapidly adapt. HR must take the lead with agility, and sustain exponential value for the future of human resources.

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