News

Transposition of the Directive on the Protection of Persons Who Report Breaches of Union Law - whistleblowing

Thursday, 4. November 2021 - 15:09
As early as 17 December 2021, the time lime will expire for the for transposition of Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law (“the Directive”), concerning public and private entities with more than 25 employees. These entities must then...

Airbnb is accommodation, not rental

Tuesday, 26. October 2021 - 10:34
We would like to draw your attention to a new judgment of the Municipal Court in Prague (6 Af 20/2020) regarding the previously discussed procedure of taxation of income from Airbnb. In the dispute between a short-term lodging operator through Airbnb, the court supported the tax office, i.e. the procedure for taxing such income not according to...

New VAT rules for e-commerce from 1 July 2021

Tuesday, 5. October 2021 - 16:26
The new rules, effective from 1 July 2021, extend the scope of the special administrative point (now OSS - One Stop Shop) which allows service providers and online shops making “distance sales of goods” to non-business entities (consumers) (“B2C”) to declare and pay VAT due in different EU Member States, in only one country where the provider...

Establishment of companies online, electronic registry of certified signatures and Apostille by notaries

Tuesday, 5. October 2021 - 15:25
Instead of being physically present in the notary office, the applicant can now communicate with a notary via videoconference. The notary will identify the applicant by logging in via the “national point for identification and authentication” (for example, using an e-ID or a bank identity) or will have to find out relevant data from the “basic...

Changes in INTRASTAT reporting from 1 January 2022

Monday, 4. October 2021 - 15:20
On 23 August 2021, new Government Regulation No. 333/2021 Coll., concerning Intrastat reporting, was published in the Collection of Laws, bringing some news. The regulation takes effects on 1 January 2022, so the new changes will be reflected for the first time in the report submitted for January 2022. What are the main changes brought by the...

Amendment to the Sickness Insurance Act

Friday, 1. October 2021 - 17:18
In August, the Chamber of Deputies approved an amendment to the Sickness Insurance Act, which is now only awaiting the President’s signature. The amendment especially makes it easier to receive a long-term nursing allowance, as well as a nursing allowance for those who care for their close relatives, and brings longer and more flexible paternity...

Foreigners residing in the Czech Republic must arrange commercial health insurance only with Pojišťovna VZP

Tuesday, 21. September 2021 - 19:41
On 2 August 2021, an amendment to the Foreigners Residence Act came into effect. One of the most significant changes it brings is the obligation for foreigners who enter the Czech Republic and will have stayed in the country for more than 90 days to arrange a comprehensive health insurance policy exclusively with Pojišťovna VZP, a.s. This...

An amendment to the Notary Code will enable establishment of companies online, electronic registration of certified signatures and apostillation by notaries

Tuesday, 14. September 2021 - 16:03
On 22 July 2021, the Senate approved a ground-breaking amendment to the Notary Code, which allows making notarial deeds online, including the establishment of companies. Instead of being physically present in the office, the applicant will now communicate with a notary via videoconference. The notary will identify the applicant by logging in via...

Commencement of depreciation of the building following the final approval of a part of the building

Monday, 9. August 2021 - 12:32
As of 19 May 2021, the Coordinating Committee of Chamber of Tax Advisors No. 580/19.05.21 was concluded, relating to the commencement of tax depreciation of the newly acquired building in connection with the issue of the approval decision for a part of the building only. The topic of this Coordinating Committee was to clarify the issue at which...

Publication of the Financial Statements in the Collection of Deeds

Friday, 6. August 2021 - 17:29
  An obligation to publish the financial statements arises for every entity recorded in the public register of companies (most frequently in the Commercial Register, Register of Publicly Beneficial Associations or Register of Associations). The publication means the insertion of the financial statements in the collection of deedsof the court...

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