News

Supreme Court – Czech Legislation on Register of Beneficial Owners Conflicts with EU Law As a part of this News bulletin, we would like to inform you about a recent decision of the Supreme Court of the Czech Republic that confirmed that the legislation on the register of beneficial owners (RBO) conflicts with EU law in that […]

Unified monthly reporting by employers, or a revolution in digitalisation The new Unified Monthly Reporting Act (JMHZ) is expected to simplify administration for employers from 2026. The existing up to 25 different reports will be replaced by one summary, which will be submitted to only one authority. At the same time, however, we must prepare for […]

A new method of depreciation for photovoltaic power plants The amendment to the Income Tax Act, which comes into effect on 1 August 2025, brings with it significant changes in relation to the depreciation of tangible assets used to generate electricity from solar radiation, i.e. photovoltaic power plants. The main change is discontinuation of the […]

Television and Radio Fees Now or Does the Duty to Pay Fees Apply to Your Company? We would like to inform you about some changes to television and radio fees. These changes impact, among others, a number of business companies. The amendment to Act No. 348/2005 Coll., on radio and television fees, came into effect on […]

Employment Law News We would like to present to you current changes in the area of employment law, especially in connection with the passage of Act No. 120/2025 Coll., amending Act No. 262/2006 Coll., the Labour Code, as amended, and certain other acts. We state an overview of major changes effective from 1 June 2025 […]

Amendment of the Top-Up Tax Act It has been more than six months since the Chamber of Deputies received the government bill amending Act No. 416/2023 Coll., on a top-up tax for large multinational groups and large domestic groups. To this date, however, the bill has only passed through the first reading and is awaiting deliberation […]

Exemption of Income from Sale of Crypto-assets in the Czech Republic European Regulation 2023/1114 on markets in crypto-assets (MiCA or the Markets in Crypto-assets Regulation) represents a major breakthrough in the regulation of the cryptocurrency market by the European Union. The regulation was approved in 2023 and aims to create a regulated framework for the provision and […]

Current Practical Changes to Employment Law We would like to inform you of current practical changes in the field of employment law. In connection with the passing of Act No. 230/2004 Coll., amending Act No. 262/2006 Coll., the Labour Code, as amended, and certain other acts, we would like to draw your attention to the […]

Employment Law News We would like to inform you about the latest changes affecting employment law. We provide an overview of the main changes effective as of 1 July 2024 below: An employer who has heretofore employed and employs only uninsured workers based on an Agreement on Performance of Work (hereinafter an “APW”) must register with […]

Forthcoming Amendment to VAT Act We would like to inform you about a proposed amendment to the VAT Act, which should be effective from 1 January 2025. The main proposed changes are summarised below. Adjustment to Time Limits The time limit for claiming a tax deduction is to be shortened from the current three years to two. On […]