The Covid-19 pandemic is causing uncertainty and disruption around the world. Mazars' priorities are to protect people and ensure business continuity and service for our clients, working as one partnership, supporting each other across the globe.
Since the beginning of the crisis, we have been closely monitoring the situation and taking action to mitigate the effects of the pandemic. We remain by our clients’ sides, helping them navigate these unprecedented times.
Dealing with the consequences of COVID-19: Insights from our international experts
Below we share our expertise and experience, with advice on protecting teams, ensuring business continuity, supporting organisations during difficult times, and more.
Visit our COVID-19 Global Resource Centre
Here you can find a series of measures taken by the Hong Kong Government in response to COVID-19. We will keep you updated of the new measures.
Since the beginning of the crisis, Mazars has been closely monitoring and taking action against the Coronavirus situation, in order to prepare and respond as necessary, wherever we operate in the world.
The COVID-19 pandemic is a constantly evolving global health crisis that is creating a huge range of challenges for individuals and businesses around the world. As governments take unprecedented action to prevent the spread of the virus, businesses are facing an ever-more complex environment to operate within.
Following our previous newsletter, application details to the Employment Support Scheme (“ESS”) were announced by Mrs Carrie Lam, Chief Executive of Hong Kong on 12 May 2020. Application period for the First Tranche of subsidy (covering June to August 2020) will last three weeks starting from 25 May 2020. The Government expects to release subsidies to employers before the end of June.
To combat the impacts of COVID-19 in Hong Kong, the Government has announced a second round of Anti-epidemic Fund for HK$137.5 billion on 8 April 2020 which was approved by LegCo on 18 April 2020. It is a further response to the HK$120 billion relief package in the 2020-21 Budget announced on 26 February 2020 and the HK$30 billion Anti-epidemic Fund approved by LegCo on 21 February 2020. A...
The M&A process in the context of COVID-19 outbreak may face significant disruption. Our Financial Advisory team in Hong Kong and across Asia Pacific can assist you to address the challenges caused by this changing environment. We have set out a list of key considerations to help you keep your deal on track.
The Financial Secretary, Mr Chan Mo-po (“Mr Chan”), presented the 2020-21 Government Budget to the Legislative Council (“Legco”) on 26 February 2020.
In this special edition of our APAC Payroll Newsletter, we have both general updates and the latest COVID-19 measures announced across Asia-Pacific.
Multinational enterprises (MNEs) which source their products manufactured in China or sell to the China market will be adversely affected by the coronavirus disease 2019 (COVID-19) and the recent China-US Trade Dispute during 2019. In addition to a declining global economy because of the above un-fortunate factors, these MNEs will face disruptions to their supply chains and challenges of moving...
The COVID-19 pandemic has forced governments to take unprecedented measures such as restricting travel and implementing strict quarantine requirements. As a result of these restrictions, many cross-border workers are unable to physically perform their duties in their country of employment. These employees would have to stay at their home country and work through telework, and could even be...
Luxury fashion brands have made the headlines in recent weeks as they pivot to manufacture face masks and hand sanitizer in the fight against Covid-19, but what is going on behind their closed doors – and how is the pandemic affecting the sector at large?