Government measures in key jurisdictions 4th edition - Flipbook - Page 131
Sweden
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•
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In the event that the company is not bound by any collective agreement, the short-time work must be
agreed upon with 70 per cent of the employees at the relevant business unit and the working hours
should be reduced with the same level for all employees;
The company must have made use of other available measures to reduce its costs, such as termination
of non-permanent personnel who are not regarded as critical to the business operations (if possible);
and
The company should not be subject to a restructuring or be insolvent.
Compensation for people belonging to a risk group: An individual belonging to a risk group
can, as of 24 August 2020, apply for a temporary compensation (up to SEK 804 per day) for the period 1 July
– 30 September, provided that it is not possible to work from home, nor solve the situation in any other
manner.
Sick pay: The government assumed the company’s liability for sick pay during April, May, June and July.
Qualifying period for sick pay: The government temporarily compensates employees for the
deduction from sick pay (i.e. the qualifying period) until 30 September 2020.
Doctor’s certificate: The requirement to provide a doctor’s certificate from day eight in the sick period
has been modified, meaning that such certificate is now required after day 21.
Unemployment insurance: The qualifying period for obtaining compensation from the
unemployment insurance has temporarily been reduced. Furthermore, the compensation will be paid out
at a higher level as the cap has temporarily been modified.
Social contributions: The social security contributions were reduced between 1 March 2020 and
30 June 2020 (the reduction applies for a maximum number of 30 employees and is capped at SEK 5,300 per
employee).
Tax deferment: Companies can seek deferment of certain tax payments for the period January to
September 2020, however subject to an interest being paid
Insolvency
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The Swedish Government has not made any changes to the insolvency legislation due to the
COVID-19 pandemic.
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The Swedish Government has not introduced new legislation due to the COVID-19 pandemic that
would specifically reinforce contracts between commercial entities. Normal contractual rules apply.
Has the government
made any changes to
insolvency legislation?
Contractual
Issues
What measures have
been taken to reinforce
contracts?
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Government measures in key jurisdictions