General News

Attention required when doing business internationally

By Brigitte Vaňatová, VEEM.Legal Non-delivery of goods for which customers have already paid is becoming more and more common. The question is why this is becoming more and more common. Practice shows that a new trend has emerged. That is internet fraud that many companies have to deal with, especially companies that do business internationally […]

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New limits for VAT and lump-sum tax, windfall tax

Tax novelties in 2023 Written by: David Krch, Tax Partner, HAVEL & PARTNERS With the start of the New Year, there have been significant changes in the area of taxes that affect many entrepreneurs and companies. An increase in the income threshold for VAT liability or the income limit for the application of lump-sum tax, […]

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Prague European Summit 2022

10-11 November 2022 Liechtenstein Palace in Kampa Let us kindly invite you, on behalf of the organizers, Institute of International Relations Prague and EUROPEUM Institute for European Policy, to the 8th edition of the Prague European Summit. The Summit will be organized under the auspices of the Office of the Government of the Czech Republic as […]

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The first ever Czech ESG rating

CEMS Prague, partner of our NCCC Young Professionals Charter, has developed and started the first ever Czech ESG rating together with the Association of Social Responsibility. The Czech ESG rating focuses on companies with a registered office in the Czech Republic or on multinationals with a subsidiary in the country. CEMS Prague is the global […]

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ÚOOÚ Annual Report 2021

Source: Legal Update from the field of GDPR, Spring 2022, Weinhold Legal The Office for Personal Data Protection (ÚOOÚ, the Office) has issued its annual report on its activities for 2021, which presents the most important results of the Office's supervisory activities in the area of personal data processing, illustrated by examples of selected inspections. […]

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Amendment to the Payment Transactions Act

Source: Legal Update May 2022, Weinhold Legal On 11 May 2022, the Senate approved a bill to amend Act No. 370/2017 Coll., on Payment Transactions, as amended, and other related acts (the "Amendment Act"). The Explanatory Memorandum to the Amendment Act states the main reason for its adoption as technical changes, responding to problems arising […]

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Alumni networking event of The Netherlands Embassy

You know what they say: it is not important what you know, but who you know. Knowing people often starts with something you have in common; this is the hook that is the start of all networking. Meeting likeminded people with some commonalities in their past and experience could be the start of a meaningful […]

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European Commission and the US announcement on basic principles of new transatlantic framework to replace Privacy Shield

Source: GDPR Legal Alert, 30 March 2022, Weinhold Legal On 25th March 2022 the European Commission and the United States in a joint statement at the highest political level announced an agreement on the principles of a new Trans-Atlantic Data Privacy Framework with regard to their transfer from the European Union to the United States. […]

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Abolishment of the Road Tax for all vehicles up to 12 tons of weight

Source: Tax Flash, 25 March 2022, Havel & Partners Authors: David Krch, Martina Sumerauerová, Zuzana Zavadilová As you have probably noticed in the media, the Czech Government announced a package of three major measures in response to the significant increase of fuel as a response to the situation in the Ukraine. As we expect these […]

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Cryptocurrencies and international sanctions

By Hana Erbsová, Attorney-at-Law, HAVEL & PARTNERS Unfortunately, it is no longer just technology and taxes but more recently also the current war in Ukraine that impact the world of cryptocurrencies. Virtual assets, or crypto assets, which include so-called cryptocurrencies, are currently often mentioned in connection with international sanctions against the Russian Federation. Let us […]

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