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You can put the nightmare called the closing of accounts behind you! Entrust it to us and deal with more important things

22.4.2021
Does the thought of the closing of accounts terrify you? Or do you handle it calmly and effortlessly thanks to well-established processes and reliable systems? Either way, we have a couple of proven practical tips that can help you manage this unpopular activity better. Despite the fact that each company is set up differently and […]
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Home office forever?

22.3.2021
The last year has brought several changes. One of them also concerns the rapid rebirth of the work environment. Working from home is not a benefit for many of us anymore, and even companies that were used to the daily presence of their employees at the workplace began to get used to the home office […]
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Register your ultimate beneficial owner or face the risk of sanctions

22.3.2021
The Act on Mandatory Registration of Ultimate Beneficial Owners of Legal Entities and Trust Funds came into force in the Czech Republic in 2018. As of this year, those who fail to comply face significant sanctions. Read the current version of the amendment HERE Ultimate beneficial owners are registered using the ISSM information systemThe register […]
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Overlooked aspects of transfer pricing

16.3.2021
As transfer pricing has recently gained in importance for both taxpayers and tax authorities, many companies have already taken the steps necessary to ensure their intragroup prices are set correctly. Nevertheless, we often encounter situations in which companies pay insufficient attention to these relationships or set them up incorrectly. Prices between related companies may generally […]
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Changes in Tangible and Intangible Assets for 2021

3.3.2021
As we have already announced in our newsletter, the most important aspect of the tax package for companies is the changes related to assets. That is why this newsletter will focus solely on these changes. Although Amendment No. 609/2020 Sb. to the Income Tax Act (hereinafter the “Income Tax Act”), which introduced the changes, is […]
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Doing Business in the EU after Brexit

16.2.2021
As from December 31, 2020, the UK is separated from the EU. This has an impact on the tax and compliance position of EU based companies doing business in the UK and vice versa. Introduction While the mile-long lines of trucks have dissipated at ports, companies are waking up to less visible forms of friction […]
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Are you purchasing a new ERP system? Why should you?

5.2.2021
What is an ERP system? Enterprise Resource Planning (ERP) systems begin with a shared database containing the information each company needs to manage its core processes. From accounting and finance, through warehousing, inventory, and production, to order processing and human resources management. Based on this shared data, ERP systems add various modules to automate and […]
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Planning a business transformation? Leaving your opening balance sheet to experts is the right choice

3.2.2021
Mergers and divisions of companies are governed by Act 125/2008 Coll., on Transformations of Commercial Companies and Cooperatives (“Act on Transformations”). Many investors find this to be a highly attractive area in terms of impacts connected with acquisitions, yet it may prove complex and time-consuming. A business transformation means a merger by acquisition or absorption […]
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How to Choose the Right Enterprise (ERP) System?

26.1.2021
Have you decided to get an ERP system? As with any important business decision, start by defining your goals and expectations and by involving the key stakeholders who may benefit the most from successful implementation (or who have the most to lose if problems arise). Once you are done, you can start comparing the offers […]
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RSM CZ & SK grew by more than a fourth and globally by 9.2%

13.1.2021
Global revenue up from $5.7 billion to $6.3 billion Consulting revenues rise 15% as Member Firms support pandemic response New Member Firms appointed in Denmark, Chile, Paraguay, Zambia and Kazakhstan 12 new offices opened as global team numbers reach 48,000 RSM, the leading global audit, tax and consulting network focused on the middle market has […]
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