Czech Republic

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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Albert the largest food donor in the Czech Republic

Albert helped donate 2,800 tons of food, representing 5.6 million standardized portions of food*. This is a year-over-year increase in donations by half and exceeds the public commitment by 20 %. For the second year in a row, Albert became the Czech Federation of Food Banks' largest corporate donor. And for 2023, Albert has made […]

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HEA(R)T by KOGAA: redevelopment of Nová Zbrojovka, Brno

H E A R T is our concept for the previous heat plant in the heart of the Nová Zbrojovka redevelopment. We are working on the project not only towards its final reconversion but also with the goal to start activating it as soon as possible. We call this Phase 0 of the project. The […]

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Jakub Havrlant, Rockaway Capital, twenty-third EY Entrepreneur of the Year 2022 Czech Republic

Jakub Havrlant, founder of Rockaway Capital, an investment group whose mission is to develop the digital economy through building, investing in and acquiring internet companies, has been awarded the prestigious EY Entrepreneur of the Year 2022 Czech Republic title. In evaluating , the independent jury, composed mainly of winners from previous years, appreciated not only […]

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Lifting of travel restrictions from/to China

Air France gradually increasing number of flights and looking to operate daily departures from Paris-Charles de Gaulle airport to Beijing, Shanghai and Hong Kong as of July 1, 2023 Air France’s operations are near pre-pandemic levels as it continues to reopen its network. The airline is gradually upping its flights between Paris-Charles de Gaulle airport […]

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New highly sustainable industrial-logistics warehouses in a lucrative area near Prague

The first ones will be available in March 2023 CTP, the largest developer in the Czech Republic focused on sustainable industrial and logistics real estate, is nearing the completion of a new building at CTPark Prague North. The warehouse, with the working name D8.7B, will offer 32,000 sqm of facilities upon its completion. The second […]

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Best practice from Dutch schools by Eduzměna

Eduzměna, a Czech foundation which aims at creating conditions for the implementation of systemic changes in education to improve children’s learning, recently became a member of NCCC Traders by Nature and was also a charity partner of the Prinsjesdag 2022 event. There Eduzměna introduced their current project of a study trip of Czech teachers and […]

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Mazars Study: Thanks to government support, the number of unpaid receivables in European banks is decreasing

The International Audit, Tax and consulting Company Mazars has issued its fifth Financial Reporting of European Banks study focusing on the level of their expected credit losses (ECL). The main findings of the study include a decrease in the number of unpaid receivables due to support offered by the relevant governments during the pandemic. At […]

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3 questions for Jitka Andrlíková, Creative Superhero 2021

Jitka, your participation in the first edition of the Creative Heroes Awards Czech Republic was overwhelming and you won the audience by true devotion to your goal: the prevention of various socially problematic phenomena in children. What are you currently up to? We are now mostly devoted to the topic of integration of Ukrainian children. […]

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Unemployment rate remains stable, according to Randstad

In November, the total number of job seekers increased by 1,395 to 257,187 and the unemployment rate remained at 3.5%. That is 11,638 more when compared to the same period of 2021. The unemployment rate remained 3.0% for men, and it equalled 4.0% for women. A month-on-month increase in the unemployment rate was recorded in […]

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