The status of an unreliable person, newly defined in Section 106aa of the VAT Act, has been added to that of an unreliable payer in the latest VAT Act amendmet, which became effective on 1 July, 2017. From then on, any physical person or legal entity, not necessarily a VAT payer, that has failed to […]
A quite controversial amendment to the Alien Act introducing several new standpoints towards employment of foreigners from non-EU countries aiming to stay and work in the Czech Republic has finally been adopted by the Parliament. The amendment addresses foreign applicants for employee cards that will not be issued by the Ministry of Interior should the […]
An amendment of the Income Tax Act was announced on 16 June, 2017. Despite the fact that it was supposed to become effective on 1 April, the date has been postponed to 1 July, 2017, in practice. The amendment is a part of the so-called „2017/2018 tax package“ and introduces changes in the amount of […]
Employers organizing children groups or day care centers not recorded in the school registry to children younger than 4 years of age were obligated to pay the VAT on the income earned by these organizations. This status quo is to change after 1 July as the whole scheme is going to change. If a non-profit […]
The President of the Czech Republic is about to approve a bill amending the Employment Act and related legislation, namely the Labour Code and the Act on Work Inspection. The bill toughens the employment rules for jobs obtain through agencies and introduces sanctions for those which aim to violate them. If an agency attempt to […]
The Constitutional Court has followed the Supreme Court in defending an employee who tested positive for alcohol during a breathalyser test when he arrived for work (0.32 ‰ on the first test and 0.23 ‰ on the second test). The presence of alcohol was borne out by a follow-up blood test of 0.11 ‰ and […]
The Constitutional Court has followed the Supreme Court in defending an employee who tested positive for alcohol during a breathalyser test when he arrived for work (0.32 ‰ on the first test and 0.23 ‰ on the second test). The presence of alcohol was borne out by a follow-up blood test of 0.11 ‰ and […]
Starting from 1 July, 2017, a new amendment to the act on road traffic containing several positive points for car owners is to become effective. In 2015, a joint transfer form for both previous and future car owner was introduced in order to simplify the process of a car transfer and to address the so-called […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Petr Huňař of InterGest CZ. Petr has joined IR as our exclusive Accounting Services Member in the Czech Republic. InterGest CZ s.r.o.[Ltd] is part of the international InterGest group of companies, providing BPO services for; Finance, Accounting, Taxes and Payroll agenda. We have more than 20 […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Petr Schmiedberger of InterGest CZ. Petr has joined IR as our exclusive Accounting Services Member in the Czech Republic. InterGest CZ s.r.o.[Ltd] is part of the international InterGest group of companies, providing BPO services for; Finance, Accounting, Taxes and Payroll agenda. We have more than […]
Last Updated: 20 January 2017 Article by Seema Jhingan, Neha Yadav and Saniya Kothari LexCounsel Law Offices This article has been co-authored by the team of LexCounsel, Law Offices and Mgr. Ales Eppinger and Filip Choutka of Schaffer & Partner, Law Firm in Czech Republic 1. Introduction. 1.1 Under common law rules and equitable principles, director’s duties are largely […]
Last Updated: 20 January 2017 Article by Seema Jhingan, Neha Yadav and Saniya Kothari LexCounsel Law Offices This article has been co-authored by the team of LexCounsel, Law Offices and Mgr. Ales Eppinger and Filip Choutka of Schaffer & Partner, Law Firm in Czech Republic 1. Introduction. 1.1 Under common law rules and equitable principles, director’s duties are largely […]