Archives for 2020

“Covid-Rent” support for businesses The Ministry of Industry and Trade (MIT) has recently published a call from the program “COVID – Rent” (hereinafter the “program”), which is based on Czech Government Resolution No. 550 of 18 May 2020, together with the provisions of the Budgetary Rules. We would like to familiarise you with the main points […]

The Antivirus Programme – New Regime: C Dear readers, we would like to inform you that, as an additional measure within the scope of targeted support for entrepreneurs aimed at compensating certain economic impacts related to the Covid-19 pandemic, the Czech president on 19 June 2020 signed an act that, among others, forfeits social security […]

COVID-19: Measures to support tenants In order to mitigate the negative consequences of the outbreak of COVID-19, the legislators have adopted measures aimed at protecting the weaker party to selected contractual relations. This newsletter focuses on temporary changes in lease relations published in the Collection of Laws on 27 April 2020. Prohibition of tenant evictions […]

Relief for debtors related to COVID-19 In order to mitigate the negative consequences of the outbreak of COVID-19, the legislators have adopted further measures aimed to protect the weaker parties to selected contractual relations. This newsletter focuses on temporary changes in credit relations published in the Collection of Laws on 17th April 2020. Instalment deferral […]

Lex Covid The Senate approved the bill “on certain measures to mitigate the impacts of the coronavirus (SARS CoV-2) epidemic on parties to court proceedings, injured parties, victims of crimes and legal entities and on the amendment of the Insolvency Act and the Execution Procedure Act“, referred to in short as “Lex Covid“. This law […]

Coronavirus-related Tax Relief We hereby wish to inform you about the latest tax measures to mitigate the negative effect of the coronavirus pandemic. Please note that the previous measures are addressed in our News 2/2020 and News 5/2020. Compensatory bonus for the self-employed People who carry out self-employment activity in their own name or are […]

Antivirus programme – provision of contributions to employers Dear Readers, The government approved modification of the so-called “Antivirus” targeted programme for support of employment (hereinafter referred to only as the “Antivirus Programme”) on 31.03.2020. The aim of this programme is to help preserve jobs during the adverse situation which we are currently experiencing caused by […]

Coronavirus and force majeure in contractual relations A) Force Majeure The current outbreak of coronavirus disease has very serious implications for commercial relationships. Thus, given also the officially declared pandemic, the outbreak of Covid‐19 may be considered to be a force majeure event. In the event of a breach of contractual obligations due to the existence of […]

Dear readers, The spread of coronavirus and the implementation of preventive measures brings citizens and entrepreneurs into entirely new circumstances that are sometimes difficult to face. Therefore, we try our best to provide you with the current news affecting your tax liabilities, tax reliefs and payments. Advance payments of social and health insurance contributions in […]

COVID II Program Starting Monday, March 30, 2020, it will be possible to apply for the interest-free loan with an annual deferral of the rates under the COVID II program. The minimum loan limit is CZK 10,000, the loan amount should not exceed CZK 15 million. The term of the loan should be set up […]