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The new e-commerce regulation, the amendment of the VAT Act, has finally entered into force

11.10.2021
Exactly three months after the date on which the Czech Republic became obliged to implement the e-commerce amendment in its legislative, it actually did so. As we already described in our newsletter from May this year, the e-commerce amendment sets forth new rules that will apply mainly to trading in the digital environment. According to […]

End of Trade Definition as “manufacture, trade and services not specified in Annexes 1 to 3”

20.9.2021
On 12 May 2021, the Czech Supreme Court issued a ground-breaking resolution under file no. 27 Cdo 3549/2020 which brought a significant change to the existing practice in relation to the determination of a company’s subject of enterprise. In the Articles of Association, it will not be possible to state only “manufacture, trade and services […]

Viruses and Their Relatives, or Know Your Enemy

16.8.2021
The Many Types of Viruses Anyone who is even mildly knowledgeable about IT knows that there is such a thing as a piece of malicious software that we call a virus. And that there is also software that helps you protect against viruses, which we call an antivirus. Over time, new variants of malicious software […]

Are you looking for a new ERP or business application? Find out what not to forget from a functional point of view.

1.7.2021
Are you in the process of choosing an ERP solution? As with any important business and strategic decision, start by clarifying goals and expectations, engaging key stakeholders who can benefit most from successful implementation (and lose the most if problems arise). After the initial phase, you can then start comparing offers suitable for your business. […]

Do not forget to register your ultimate beneficial owner

8.6.2021
As your partner we would like to inform you about an important amendment regarding the Ultimate Beneficial Owner which came into force on June, 1st 2021. If you would like to use our assistance with the registration of the Ultimate Beneficial Owner or if you would like to more information, please do not hesitate to […]

The total value of the properties we appraise each year is in the billions; we can appraise your real estate, too!

3.6.2021
But our valuation office does more than just real estate appraisals. We also determine the value of businesses, intellectual property and financial assets. We are also experts in a number of other areas – from corporate transformations and restructurings to transfer pricing and various economic advisory services. Perhaps in connection with COVID. Have you suffered […]

Planned amendment of the VAT Act – new regulation for e-commerce

27.5.2021
On 5 May 2021, the Chamber of Deputies held the second reading of the government bill known as the “e-commerce amendment” (document no. 867), which EU Member States must implement in their legislation with effect from 1 July 2021. Even though the process is not yet finished, we would like to inform you about the […]

Significant steps for the successful implementation of the acquisition, sale or transformation of a company

4.5.2021
We have noticed your increased interest in our latest newsletter in the field of transaction advisory, which focused on transformations of business companies and setting of the decisive day. We are pleased that you are interested in this topic, so we have decided to produce another newsletter in this field. This time we will focus […]

The impact of extraordinary economic situations on the setting of transfer prices

27.4.2021
After the first months of 2021, it seems that this year will also be significantly influenced by the impacts of the COVID-19 pandemic. It is especially the economic consequences of the pandemic that are discussed in this context. Even in extraordinary times like these, groups of related companies should not give up on proper transfer […]