13th January 2021
The COVID-19 pandemic has had a huge and unprecedented impact on the global economy. To counteract this, many countries have introduced temporary relief measures to help local businesses.
Such measures include temporary changes in the application of their Insolvency and Bankruptcy laws. In this report, MGI Worldwide CPAAI's sister law network Mackrell International, provides responses to frequently asked questions about these changes in some jurisdictions in the Asia Pacific region.
In particular, Mackrell International members from Hong Kong, India, Malaysia, New Zealand, Japan, Singapore and South Korea explain the laws or regulations introduced to curtail the impact of Covid-19 on companies and individuals
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MGI Worldwide with CPAAI is a top 20 ranked global accounting network and association with almost 10,000 independent auditors, accountants and tax experts in some 460 locations in over 100 countries around the world.