Specialised Financial Authority uncovered tax evasion plot nearing CZK 4.5bn. Specialised Financial Authority uncovered tax evasion plot nearing CZK 4.5bn. A tax inspection of two firms has been conducted uncovering a sophisticated and complex scheme resulting in VAT evasion nearing CZK 4.5; the rationale behind the deed was based in setting a chain trade in […]
Investments in research and development can be used by companies as a major way to save money on taxes, because tax deductions for research and development may represent one of the significant items reducing the tax base. Until now the entitlement concerning tax deductions for research and development within tax returns has been assessed by […]
Late last month, the government of the Czech Republic approved a draft of a law on the recognition of professional qualifications implementing the relevant European Union regulations concerning the regulating of the general and sectoral system of the recognition of professional qualifications. In connection with the effect of the amendment, which is scheduled for […]
Czech businesses now have a new way of being able to avoid having to make redundancies during a difficult period. That is the intention, at least, of a new amendment to the Employment Act. It has been recently approved by Parliament and will be coming into effect in the near future. Previously when there has […]
One of our client, a leading auto component manufacturer in India and Europe is seeking Units for takeover or JV. Ticket size not a challenge but should have good customer base and support. Details can be shared at [email protected] +91-9899799041 CA. Pushpendra Surana Managing Partner S. K. Surana & Co. New Delhi India
Law office Schaffer & Partner are invited to become a member of the Main Jury of the Miss – Mister Deaf World and Europe 2015 world contest to be held between 13th and 23rd July 2015 in Prague. It is an honour for us that Mr. Aleš Eppinger, founding partner of law office Schaffer & Partner […]
Following a public consultation that the Finance Ministry had promoted on the implementation in Italy of the Directive 2013/34/EU on annual and consolidated financial statements and related reports, the Italian Government has recently issued (May 2015) the Legislative Decree n. 171 draft containing modifications to the current legislation that will affect the domestic framework on […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Markéta Haidlová of Markéta Haidlová Law Firm. Markéta has joined IR as our exclusive Sports Law Member in the Czech Republic. Markéta Haidlová Law Firm offer clients high quality legal services specialized in sports industry in the Czech Republic as well as abroad. […]
The Czech Union of Sports Attorneys together with the Faculty of Law of the Charles University organizes a unique summer law school in Prague accompanied by a legal conference. “If we want change anything, we have to educate players and sell them better future in their football careers and life’s after that.” The 11 days academic summer program is focused on sports […]
The 11th M&A International Lawyers Conference will be hosted in Prague this year. We will offer a broad range of highly qualified speakers from different countries. The speakers will explain, on the one hand, specific particularities of their respective national laws to be taken into consideration when dealing with transactions involving their jurisdictions and, on […]
Effective from 1 January 2016 the value added tax payers (VAT) shall be obligated to submit the so called control report. The control report is a special tax statement, which however, does not replace a regular VAT return or a summary report. Nevertheless, in connection with the regime of tax obligation transfer such control […]
The Parliament of the Czech Republic adopted a law, which makes incorporation of a Czech company or subsequent corporate changes a lot easier! By May 2015, the registration of the companies into the Commercial Register is being carried out solely by the courts. Many foreign investors often complain about the length of incorporation of the company as this formal court proceeding could take even a few […]