Publication / 20 March 2020

COVID-19 - legislation solutions

In anticipation of the publication of the draft legal acts constituting the so-called anti-crisis shield, it is already worthwhile to reach for the legal solutions contained in the legal acts in force and consider their application in order to counteract the effects of the coronavirus pandemic. Only by way of an example - the Tax Code provides the possibility of deferring the date of tax payment or staggering the payment of tax in instalments. On the other hand, the granting of public aid to a company in danger of insolvency is provided for in the current Restructuring Law. It is also worthwhile to analyze employee solutions in terms of downtime or group layoffs. In response to the current situation, the GGL team has developed a model strategy concerning actions of entrepreneurs affected by the economic consequences of the current epidemiological situation.

 

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