As of January 2016, the basic rate of the minimum monthly wage. It is to rise by CZK 700 from CZK 9,200 to CZK 9,900 with the minimum hourly wage rising from CZK 55 to CZK 58.70 for a 40 hour working week. The situation is similar for persons with disabilities – the minimum monthly […]
With the increasing popularity of social networks and their use among employees, employers often wonder whether such actions could be a reason sufficient enough for termination of employment. We would like to draw your attention to a few aspects of an immediate employment termination in connection with infringement or job duties by using the social […]
The global financial crisis, which started in 2008, has been particularly intense in Italy and the very core of the economic value of the peninsula was in danger: the problems faced by small-to-medium size enterprises was principally due to the difficulty of Italian companies in finding adequate financing. Since 2009, Italy has been frustrated by […]
From 26th October to 30th October 2015, three representatives of our office, partners Mgr. Aleš Eppinger and Šárka Gregorová, LL. M, and the head of Asian Desk, Stephenie Hsu, participate in Chinese Suzhou Event, European summit. During the program representatives of several European states (the Czech Republic, Germany, Spain, UK, Portugal) and the USA will introduce trade […]
BP&A, proud Partner of the London Stock Exchange Group, is very active on cross-border financial transactions (mergers, acquisition, listing projects, bond issuing, private equity operations). We operate with a broad network of international key financial players (investment funds, private equity and venture capital companies) with specific focus on small and medium sized companies. Today, alternative […]
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 […]
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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 […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Alberto Benshimol of D’Empaire Reyna. Lisa has joined IR as our exclusive Tax(Law) and Mergers & Acquisitions member in Venezuela. Since 1972 D’EMPAIRE REYNA, one of the country’s leading law firms, has been rendering legal services in Venezuela by offering practical and […]
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