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Planning to restructure your business?

23.2.2015
When deciding to carry out restructuring, numerous companies choose the beginning of a new fiscal year as the date of the restructuring, that is, typically 1 January. Given that many companies are now preparing to go ahead, we wish to summarise the key milestones of company restructuring from a valuer’s point of view: when an […]

Ambiguity of basic valuation terms in Czech law

11.8.2014
We wish to share with you our opinion on the definition of fundamental terms used in the preparation of expert opinions under the new Civil Code (Act No. 89/2012 Sb.) and the Companies Act (No. 90/2012 Sb.). This article focuses mainly on valuations for the purpose of transfers between related parties or in-kind contributions.

Expert opinions and real estate transfers in 2014

6.5.2014
The beginning of the year brought a number of changes relating to new real estate legislation. Changes have quietly emerged in the taxation of real estate transfers (now real estate acquisition) as well as a new valuation decree and methods of tax assessment.

Better times ahead for PV power plant owners – Will the solar tax be refunded?

3.2.2014
At the end of 2013, the Supreme Administrative Court delivered a resolution that brings hope to owners/operators of PV power plants. According to the resolution, the government is to waive the solar tax for PV power plant owners/operators on whom the tax has a devastating effect.

Intra-group relations and the liability of executive bodies – don’t forget about fairness opinions

5.12.2013
The new corporate legislation increases the liability of members of a company’s executive body so that they exercise their office with due managerial care. In the event of a breach, the executive body will face a large number of sanctions.

Fair Easements of Access

25.10.2013
25.10.2013 In terms of value, easements of access need not be comprised only of a component corresponding to the right of use of land over which access is provided. In fact, the holder of the easement uses not only the land to access his property, but mainly the road built on the land. Is the use of a road regularly reflected in the value of the easement?

‘Black Friday’ for solar power producers

30.8.2013
August 2013 - Czech Government reduces support for solar power generation. The economy of photovoltaic power plant operation should be reconsidered.

The end of larger unlimited liability companies in the Czech Republic?

30.8.2013
August 2013 - Are you doing business under an unlimited liability company and receiving above-average earnings? Be careful about taxes.

Squeeze-out to get more complicated

1.8.2013
July 2013 - With effect from 2014, the conditions for forcing out minority shareholders (‘squeeze-out’) will change. All of our clients considering the squeeze-out are advised to use the currently applicable laws to implement this process.