Czech Republic



RSM CZ&SK sets up a new department of Transaction Advisory Services, with Lenka Zdražilová as the manager

The new department of Transaction Advisory Services has been created in response to the growing demand for transactional services. The focus of the department is mainly on financial and economic due diligence, financial reports (such as a transition from US GAAP to CZ GAAP), the preparation of opening balance sheets and consolidated financial statements, merger […]

Using keyboard shortcuts in date fields

In this video, we look at the ways in which keyboard shortcuts can be used to speed up data entry into date fields in NetSuite.

Preparing a family and its wealth for intergenerational transfer

Interview: Michal Šubín, Jean François Cats More and more business families in Slovakia started discussing generational succession. They face a wide range of questions they seek to answer, discovering that they are learning on the fly, so they have less time for preparations than they would need. Representatives of RSM TACOMA Family Office, Jean François […]

RSM breaks through US$5bn global revenue

Increased global footprint into eight new countries, including the introduction of RSM Canada International client referrals grew by 20% as global RSM brand gains strength Sub-Saharan Africa the strongest growing region, with increase of 13.6% London – RSM, the sixth largest network of independent audit, tax and consulting firms, has delivered growth in every business […]

Why you should talk about property with your children at least once a year

‘I am perhaps the only person in my family who keeps track of all family stakes’, half-jokingly said Réka Világi at a recent conference on family businesses organised by the TREND Weekly. This was in response to the topic of distributing wealth to descendants. In this context, the head of the family should know what […]

New developments in payroll-related matters in 2018

Dear clients, We provide you with a brief overview of changes and new developments in payroll effective in 2018. Minimum wage increased The minimum monthly wage for full-time employment has been increased from the current CZK 11,000 to CZK 12,200 and the minimum hourly wage has been increased from CZK 66 to CZK 73.20. Maximum assessment basis […]

PF 2018

Dear clients, business friends and partners, We wish you a joyful holiday season and every success in 2018. We also wish to thank you for your trust in us and look forward to working with you again. Monika Marečková, Managing Partner and Chairman of the Board of Directors, On behalf of the entire team of […]

Minimum wage in 2018

Czech government has approved a motion proposed by the Ministry of Labour and Social Affairs that will increase the minimum monthly wage from the current amount of CZK 11,000 to CZK 12,200 with effect from 1 January 2018. This amount applies to work within the scheduled weekly working time of 40 hours, i.e. to full-time […]

VAT as a part of the real estate acquisition tax base – continued

As presumed in our previous newsletter, the case of the village of Střelské Hoštice continues with a rather nice surprise. This time, however, the surprise came from the tax administration itself. The tax administration published a new press release on 24 November 2011 in which it significantly expanded on its original statement of September 2017. More […]

How to make better use of search on NetSuite

In this video, we look at the ways in which search can be used to speed up your NetSuite processes and help you to better find the information you’re seeking.

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