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Preparing a family and its wealth for intergenerational transfer

20.2.2018
Interview: Michal Šubín, Jean François Cats More and more business families in Slovakia started discussing generational succession. They face a wide range of questions they seek to answer, discovering that they are learning on the fly, so they have less time for preparations than they would need. Representatives of RSM CZ Family Office, Jean François […]

RSM breaks through US$5bn global revenue

23.1.2018
Increased global footprint into eight new countries, including the introduction of RSM Canada International client referrals grew by 20% as global RSM brand gains strength Sub-Saharan Africa the strongest growing region, with increase of 13.6% London – RSM, the sixth largest network of independent audit, tax and consulting firms, has delivered growth in every business […]

Why you should talk about property with your children at least once a year

18.1.2018
‘I am perhaps the only person in my family who keeps track of all family stakes’, half-jokingly said Réka Világi at a recent conference on family businesses organised by the TREND Weekly. This was in response to the topic of distributing wealth to descendants. In this context, the head of the family should know what […]

New developments in payroll-related matters in 2018

18.1.2018
Dear clients, We provide you with a brief overview of changes and new developments in payroll effective in 2018. Minimum wage increased The minimum monthly wage for full-time employment has been increased from the current CZK 11,000 to CZK 12,200 and the minimum hourly wage has been increased from CZK 66 to CZK 73.20. Maximum assessment basis […]

PF 2018

20.12.2017
Dear clients, business friends and partners, We wish you a joyful holiday season and every success in 2018. We also wish to thank you for your trust in us and look forward to working with you again. Monika Marečková, Managing Partner and Chairman of the Board of Directors, On behalf of the entire team of […]

Minimum wage in 2018

11.12.2017
Czech government has approved a motion proposed by the Ministry of Labour and Social Affairs that will increase the minimum monthly wage from the current amount of CZK 11,000 to CZK 12,200 with effect from 1 January 2018. This amount applies to work within the scheduled weekly working time of 40 hours, i.e. to full-time […]

VAT as a part of the real estate acquisition tax base – continued

28.11.2017
As presumed in our previous newsletter, the case of the village of Střelské Hoštice continues with a rather nice surprise. This time, however, the surprise came from the tax administration itself. The tax administration published a new press release on 24 November 2011 in which it significantly expanded on its original statement of September 2017. More […]

How to make better use of search on NetSuite

3.11.2017
In this video, we look at the ways in which search can be used to speed up your NetSuite processes and help you to better find the information you’re seeking.

How to format your email signature in NetSuite

3.11.2017
In this video, we look at how you can format your email signature in NetSuite enabling you to use font styles and colours.

Prague’s University of Economics students learn ERP on NetSuite

22.10.2017
We have started collaborating with the University of Economics (VŠE) in Prague, the largest public university of economics in the Czech Republic, to teach enterprise resource systems. With our help, students of this prestige Czech university focused on business and economy learn how to work with the world’s leading Cloud Enterprise Resource Planning (ERP) system, […]