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Firm: Kocian Solc Balastik

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“Antivirus Programme” - An Instrument of Financial Assistance for Employers - New Forms of Support and Extended Deadlines (Update 03)
Kocian Solc Balastik, June 2020

Category B has been extended until the end of August 2020 and the government has approved a new form of support – Category C!   Are you considering how to maintain employment of your employees and minimize economic losses? Take a look at what financial instruments the state has prepared for entrepreneurs whose employees have been affected, directly or indirectly, by government measures taken to combat coronavirus...

2015 Amendment to the VAT Act
Kocian Solc Balastik, May 2014

On 1 January 2015, an amendment to the VAT Act is to become valid. Its main objective is to implement EU regulations. The main change concerns the place of performance in the case of telecommunication services, TV and radio broadcasting services and services electronically provided to persons who are not obliged to pay the tax. All these services will be taxed in the country of the recipient of the relevant service...

Act on Unilaterally Increasing Apartment Rent and Other Changes to Legal Regulation of Apartment Leases
Kocian Solc Balastik, December 2006

Pursuant to the so-called Four Years Act, owners may unilaterally increase the rent for certain apartments during the period of 2007 to 2010 for once a year up to the target value. The calculation method is set forth by law and the target value will be announced by the Ministry for Local Development in the Collection of Laws. The written announcement of the increase must be duly justified. The lessee may file an action in respect of invalidating the increase...

Amendment to the Trade Licensing Act
Kocian Solc Balastik, December 2006

On May 19, 2006, Act No. 214/2006, Coll. was announced in the Collection of Laws, which amends Act No. 455/1991, Coll., the Trade Licensing Act, as amended, and certain other acts; this act became effective on August 1, 2006...

Attractive Real Estate Business in the Czech Republic
Kocian Solc Balastik, July 2015

Attractive Real Estate Business in the Czech Republic The Czech property market has developed considerably in recent decades and this optimistic trend continues. According to statistical figures, the volume of commercial investment during the last twelve months to Q1 2015 in the Czech Republic reached EUR 2.6 billion, representing 90.8 % increase...

Breakthrough Judgement by the Municipal Court in Prague Overturning Major Czech Government COVID Restrictive Measures - 23 April 2020
Kocian Solc Balastik, April 2020

On 23 April 2020, the Municipal Court in Prague issued a judgment upholding the petition for annulment of certain measures of the Ministry of Health issued in connection with the COVID-19 pandemic. With effect from 27 April 2020, the Court annulled two extraordinary measures of the Ministry of Health of 17 April 2020 and 26 March 2020 on the restriction of retail sales and two extraordinary measures of the Ministry of Health of 15 April 2020 and 23 3...

Business Trips to the Czech Republic are Now Allowed from 27 April 2020 - Under what Conditions?
Kocian Solc Balastik, April 2020

The government has started the announce the dismantling of certain Covid19 measures and from Monday, April 27, 2020, itnow allows business trips for foreigners to the Czech Republic, in respect of which entrepreneurs have been repeatedly demanding. However, it set a number of conditions and rules...

Claims for Damages Against the Community in External Trade Cases
Kocian Solc Balastik, June 2005

The judgment of the Court of First Instance in Chiquita Brands and Others v...

Compensation Bonus for Certain Shareholders in Limited Liability Companies - Covid-19
Kocian Solc Balastik, May 2020

On Monday, 4 May 2020, the government submitted an amendment to the Compensation Bonus Act to the Chamber of Deputies. The amendment should support, in addition to self-employed individuals (sole proprietors), certain shareholders in limited liability companies. This article provides details on the requirements, forms of application, and the amount of compensation...

Compensation Bonus for Certain Shareholders in Limited Liability Companies (Update 03)
Kocian Solc Balastik, June 2020

On 2 June 2020 an amendment to the Compensation Bonus Act was published in the collection of laws, thanks to which, in addition to self-employed persons, some shareholder/members in limited liability companies will also receive this support. Financial offices should commence paying out the bonus to shareholders on the basis of submitted applications no later than 3 June 2020, i.e. the date of effectiveness of the legislative amendment...

Compensation Bonus for Self Employed Persons Affected by the Current COVID-19 Situation - Czech Republic
Kocian Solc Balastik, April 2020

The Government recently approved the amendment of the Compensation Bonus Act. This Act, which was published in the Collection of Laws on 14 April 2020, and, with effect from 15 April 2020, introduced another instrument of support for self-employed persons whose business was negatively affected in connection with coronavirus. This extends the period for which the self-employed will be able to claim a bonus...

Competition – FIFA Regulations on Occupation of Football Players’ Agents
Kocian Solc Balastik, June 2005

Judgment of the Court of First Instance in Laurent Piau v. European Commission (Case T-194/02) of 26 January 2005 In its judgment of 26 January 2005 in case Laurent Piau v. European Commission, the Court of First Instance (hereinafter the “CFI”) ruled on compliance of the regulation issued by the Fédération Internationale de Football Associations (hereinafter the “FIFA”) concerning the occupation of football players’ agents with the provisions of the EC Treaty on competition...

Competition Law – New Standards in the Assessment of Conglomerate Merges
Kocian Solc Balastik, June 2005

Judgment of the European Court of Justice in Tetra Laval BV v. European Commission (Case C-12/03 P) of 15 February 2005 In its judgment of 15 February 2005 in case Tetra Laval BV v. European Commission, the European Court of Justice (hereinafter the “ECJ”) upheld and confirmed conclusions reached by the Court of First Instance (hereinafter the “CFI”) in its judgment of 25 October 2002...

Competition: Commitments from Coca-Cola become legally binding
Kocian Solc Balastik, November 2005

Commission decision in Case No. COMP/39.116/B-2 – Coca-Cola issued pursuant to Article 9(1) of the Council Regulation 1/2003 On 22 June 2005 the Commission adopted a decision under Article 9(1) of the Council Regulation no. 1/2003 approving commitments offered by the Coca-Cola Company, Bottling Holding (Luxembourg), Coca-Cola Erfrischugsgetränke AG and Coca-Cola Hellenic Bottling Company (hereinafter "Coca-Cola") on 19 October 2004...

Concession for Management, Distribution and Maintenance of a Public Gas Distribution Installations – Interpretation of Articles 43 and 49 of EC Treaty
Kocian Solc Balastik, November 2005

Judgement of the European Court of Justice in case C-231/03 – Consorzio Aziende Metano (Coname) v. Commune di Cingia de’Botti, dated 21 July 2005 The case developed out of a dispute between Consorzio Aziende Metano (Coname) and the Comune di Cingia de’ Botti (municipality of Cingia de’ Botti) concerning the award by the latter to Padania Acque SpA, of a concession for provision of service covering management, distribution and maintenance of methane gas distribution installations...

Covid- 19 - Obligation of Czech Employers to Protect Employees from Coronavirus
Kocian Solc Balastik, March 2020

Obligation of Czech employers to protect employees from coronavirusPursuant to Section 106 (1) of the Labour Code, an employee has the right be assured of occupational health and safety protection at work (hereinafter referred to as "OHS"), even during a pandemic.Regarding prevention, the provision in section 102 of the Labor Code remains paramount...

COVID II Programme - Government Financial Support for Self-Employed and Small and Medium-Sized Enterprises
Kocian Solc Balastik, April 2020

Aid for self-employed persons and small and medium-sized enterprises (SMEs) affected by anti-coronavirus measures pursuant to the Czech Government’s 'COVID GUARANTEE' programme was exhausted in one day. On Monday, March 30, 2020, the terms and conditions of the follow-up COVID II program will be published, in which CZK 5 billion should be available. The rush of applications is expected, so action needs to be taken quickly and not delayed...

Covid III Loan Programme for SMEs and Self Employed Entrepreneurs
Kocian Solc Balastik, June 2020

Covid III is starting and you need to act fast! At its meeting on 18 May 2020, the Government approved by Resolution No. 553 the Covid III guarantee program for self-employed persons and companies employing up to 500 employees. Immediately afterwards, the websites of Ceskomoravská zárucní a rozvojová banka, a.s. ("CMZRB") published the conditions of the program...

COVID III. Czech Govt. Support Program for SMEs - What are the Plans?
Kocian Solc Balastik, April 2020

The new COVID Prague program focused on business activities in the Capital City of Prague followed the fate of its predecessors COVID I and COVID II. This means that the available funds were exhausted on the same day as the receipt of applications, which thus ends. The COVID I and COVID II programs are also exhausted. Entrepreneurs thus have no choice but to wait for the announcement of the conditions of the COVID III program...

COVID Program - RENT Before Starting (UPDATE 02)
Kocian Solc Balastik, June 2020

The state contribution for commercial leases to entrepreneurs with forcibly closed establishments will be launched on June 26, 2020 at 9 AM. If the entrepreneur has negotiated a 30% discount on the rent from his landlord, he will be able to apply for state support in the amount of 50% up to a ceiling of CZK 10 million for the period from April to June...

Covid Programme - Commercial Rent Relief
Kocian Solc Balastik, June 2020

The state contribution for commercial rents to entrepreneurs with forcibly closed establishments is gaining more concrete outlines. If an entrepreneur negotiates a 30% discount on rent from his landlord, he will be able to apply for state support in the amount of 50% up to a ceiling of CZK 10 million for the period from April to June. However, the program has yet to be notified to the European Commission before it can be launched...

COVID-19 - "Antivirus Programme" - Key Financial Assistance for Employers in the Czech Republic - Part II
Kocian Solc Balastik, April 2020

(continuation from Part I - separate article) Part II - "Antivirus Programme" - Financial Assistance to Czech Employers   The Ministry of Labour and Social Affairs was mandated by the Government to further prepare a compensation program for entrepreneurs who continue to operate but whose production has decreased due to measures (category C of the Antivirus Programme)...

COVID-19 - Czech Government Approves Tax Mitigation Measures Related to Coronavirus Emergency UPDATED
Kocian Solc Balastik, March 2020

Czech Government Approves Mitigation Measures Related to Coronavirus Emergency UPDATED   In connection with the coronavirus emergency, the Czech government has approved a liberation tax package aimed at mitigating the consequences of the emergency...

COVID-19 - Impact of the Czech Government Measures on Employment Relations
Kocian Solc Balastik, March 2020

Impact of the Czech Government measures on employment relations The current situation has a considerable impact on employment relations...

COVID-19 "Antivirus Programme" – Key Financial Assistance for Employers in the Czech Republic- Part I
Kocian Solc Balastik, April 2020

Are you considering how to maintain employment of your employees and minimize economic losses? Take a look at what financial instruments the state has prepared for entrepreneurs whose employees have been affected, directly or indirectly, by government measures taken to combat coronavirus...

 

 

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