Czech Republic
Jazyky

Languages

Newsletter

Brexit – keeping track of the current mood and expectations of UK businesses

11.9.2018
For a year, our colleagues at RSM UK have monitored the development of Brexit and its impact on the business environment in the UK. Businesses have been preparing for this milestone for months and are, surprisingly, in a rather positive mood in this context. However, what worries them most is the uncertainty of the government’s […]

New benefit under sickness insurance

3.9.2018
A new benefit has been introduced with effect from 1 June 2018. This benefit is to help sickness insurance payers who need to care for a family member requiring a long-term and all-day home care following a hospital stay after a serious illness or injury and who are unable to carry out their job due […]

Changes in rules for taking and carrying forward holiday

27.8.2018
This issue of our newsletter brings more details about the planned changes relating to taking and carrying forward holiday. Current rules governing carrying forward unused leave from one calendar year to another allow employees to carry forward holiday that the employees were unable to take due to their incapacity to work, maternity or parental leave, […]

Failure to deposit financial statements in the Collection of Deeds as a risk of company dissolution

17.7.2018
Each company is obliged to publish mandatory documents in the Collection of Deeds kept for each company by a commercial court. What penalties may be imposed for a failure to do so? And are there any changes ahead? Such mandatory documents include founding documents, financial statements, annual reports and related-party reports. This obligation has been […]

Insufficient capacity? The solution is payroll outsourcing

31.5.2018
You may be now facing the same problem as many other employers: insufficient capacity and substitutability of your employees, or finding and training of new employees. Unemployment in the Czech Republic has been at its lowest level for many months. As a result, HR management issues have become more and more uncomfortable for companies. For […]

With unemployment down, the demand for qualified labour is up

21.5.2018
Unemployment in the Czech Republic has hit its lowest ever level. According to analysts, this trend is expected to continue. On the other hand, the number of vacancies has increased, also as a result of seasonal work. Figures from the Eurostat agency show that the Czech Republic has the lowest unemployment rate in the whole […]

Merging into RSM CZ and RSM Consulting SK

2.5.2018
Dear clients, Please be informed that as of 1 May 2018 the Czech companies RSM TACOMA, RSM Infinity and RSM TACOMA Family Office have merged into one company, RSM CZ a.s. At the same time, a similar merger has been undertaken in Slovakia where the Slovak companies RSM TACOMA Consulting and RSM Infinity Slovakia have […]

Transfer pricing audits – even tax authorities make mistakes

19.4.2018
With increasing determination, tax authorities continue with their inspections of transfer pricing policies. Nevertheless, even they sometimes take unlawful steps we should all know about, either when preparing or later defending our transfer pricing rules. In one of its recent judgments, the Czech Supreme Administrative Court (“SAC”) stood up for a taxpayer and ruled that […]

Average multiples by sector and comparison with stock exchange data¹

12.4.2018
Do you wish to get an indicative valuation of your company? One of the options is to apply sector multiples. However, this might not be as simple as it seems. Valuation based on market comparison is one of the methods that are based on capital market analyses. This method relies on the basic valuation premise […]

We lecture at the University of Economics in Prague (VŠE)

16.3.2018
For the second time in this semester, RSM CZ&SK advisers presented lectures at the largest and the most prestigious university of economics in the Czech Republic, VŠE. Our company was first well represented by RSM Technology who introduced the students to NetSuite’s Cloud ERP System. In the next stage of the semester, they were joined […]