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Proposed changes to the taxation of employee benefits from 1 January 2024

15.6.2023
The consolidation package presented by the government at the end of May, which is expected to come into force from 1 January 2024, includes changes in the taxation of employee benefits. What specifically should employees and their employers prepare for? Changes in the taxation of benefits from the perspective of employees From the employee’s point […]

The key to efficiency: How system integration is transforming the business world

26.5.2023
What is system integration? System integration is a process of linking together various information systems and applications to allow programs to share data and information with each other. This can be achieved by employing a variety of technologies and methods, such as web services built to integrate specific data collections, application programming interfaces (API’s) accessible […]

Obligations of business corporations: do not underestimate their regular updating

9.3.2023
Do not underestimate regular reviews of your obligations as a company In the Czech business environment, there are many obligations that every business corporation must comply with. Especially for foreign entities, it can be somewhat challenging to navigate the ever-changing legislation and comply with all newly set rules. Let us briefly summarise the obligations: Registrations […]

Year 2023 and news in the area of data boxes for legal entities and entrepreneurs

9.3.2023
In 2023, a significant change in the area of data boxes occurs – all sole traders, associations, foundations and some private individuals will automatically have a data box opened. Act No. 300/2008 Coll., on electronic operations and authorised conversion of documents, came into force on 1 January 2023. In the present article, we will discuss […]

RSM is on track to be the fastest growing consulting network in Slovakia. After the merger with LEON Tax, it will double its business

6.2.2023
To become an important player on the Slovak consulting market, to enable local businesses to better cope with the effects of economic turbulence, and to give a new impetus to the entire Czech and Slovak economic area. These are the main goals behind the merger of Slovak RSM and LEON Tax, which should be a […]

Turnover of the consulting companies RSM in the Czech Republic and Slovakia grew by 12% to CZK 395 million. It was driven by digitalization and outsourcing

2.2.2023
Mergers and acquisitions, further improvement of digital processes, asset valuation. But also an intensive search for savings in areas burdened by state bureaucracy. These were the transformation priorities of Czech businesses last year that drove interest in RSM services. This allowed Czech and Slovak RSM to increase its turnover by another 12%, putting the company […]

The 2023 Tax Package is here!

6.12.2022
On Friday, 2 December, 2022, the 2023 tax package, which amends the Income Tax Act, the Value Added Tax Act and other related laws, was published in the Collection of Laws. A brief overview of the most important changes follows. Windfall tax A new 60% tax on profits in excess of 120% of the average […]

Development without testing is like a car without wheels

25.10.2022
How to begin the testing process? Are you developing a new app, web page or a software? One of the key points of the whole development process is testing. Without testing, no proper development process could even exist. Our experience in RSM Technology CZ with implementation of ERP systems or implementation of solutions during the […]

Dissolution and Termination of a Company by Liquidation, Step by Step

21.10.2022
There are many factors that may precede the termination of business or dissolution of a company and its subsequent liquidation. However, these need not include failure, losses, or other business issues. For example, a company may be liquidated when it completes the purpose for which it was created and which is set out in its […]

“War tax” in sight

17.10.2022
A Europe-wide discussion on the potential adoption of a windfall tax began already in the first half of the year, driven by the global situation over the last months, in particular the ongoing war in Ukraine. Many member states , including the Czech Republic, are now in the process of implementing this kind of taxation. […]