News from our Members

KPMG: Changes in VAT from 1 January, 2013

In July the Chamber of Deputies dealt with two amendments to the VAT Act. The first amendment forms a part of the bill on changes to tax, insurance and other laws in connection with reducing the public budget deficit. The bill was passed by the Chamber of Deputies in the third reading and now goes […]

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Two New Valuable Additions to Havel, Holásek & Partners

Havel, Holásek & Partners has welcomed on board two new senior associates, Michaela Handrejchová and Marianna Čarská. Michaela Handrejchová joins Havel, Holásek & Partners’ Prague office and focuses on mergers & acquisitions, reorganisation and divestitures of companies, commercial law, labour law, and social security law. Marianna Čarská strengthens the Slovak team at Havel, Holásek & […]

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PwC: How should we successfully face the current debt crisis spreading across Europe yet keep pace with the world?

Introducing global trends in tax policy The competitive struggle between states is pushing down tax rates. On the other hand, several countries protect their own territorial revenues. We bring you an overview of the ten most important trends that run the world of tax policy: Reducing rates, broadening tax bases International tax competition is pushing […]

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Věra Výtvarová is the new Assurance Leader at PwC in the Czech Republic

Věra Výtvarová will lead assurance services at PwC Czech republic starting 1st July 2012. She will take over from Chris Skirrow, who will be retiring. Věra is ideally placed having the experience of working with multinationals but being also very active in the local Czech market as a business advisor.   Věra Výtvarová has been […]

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Final round of the debating competition Student Agora

Six teams of secondary schools students discussed current social and political topics on the premises of the Parliament of the Czech Republic    On Monday 18 June final debating duels took place in the State Acts of the Czech Parliament among six student teams who won regional rounds of the debating competition Student Agora. Students […]

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Gijs M. Boot appointed the Honorary Consul for Botswana in the Czech Republic

Ir. Gijs M. Boot, member of the Netherlands-Czech Chamber of Commerce since 1994 (CEO Private Equity and Real Estate Investments), was nominated by the Botswana Government and confirmed by the Czech Government as the .   The Republic is a Southern landlocked African country bordered by the Republic of South Africa in the south, Namibia […]

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KPMG received awards for M&A, HR and CSR

KPMG No. 1 in mergers & acquisitions According to the current index by Mergemarket, an independent mergers and acquisitions (M&A) intelligence service, KPMG in the Czech Republic is the No. 1 financial advisor in M&A for 2011 in the Czech Republic. It became a leader both in the number of transactions and in their volume, […]

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EY: Managers are risking criminal prosecution in the drive for higher profits

There is a worrying increase in the number of managers willing to pay a bribe in order to win business The Czech Republic comes third in Europe as far as tolerating bribes is concerned Czech managers underestimate the risks linked with fraud and corruption during acquisitions Rewarding whistleblowers is no longer taboo – two thirds […]

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PwC: Amendment to the Act on Public Procurement is effective from 1 April, 2012

The last amendment to the Act on Public Procurement in greatly expands the number of contracts to which the regulation will apply. The amendment reduces the limit for small-scale contracts for goods and services from CZK 2 to 1 million and for contracts for construction work in two stages, first by the end of the […]

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PwC: New package of measures for the years 2013 and 2014

The Government has approved the additional economic measures which should keep the deficit of the state budget in the next three years under three percent of gross domestic product. The revenue side of the budget should be supported by the following changes according to the ideas of the Cabinet:   from 2013 Introduction of the […]

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