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COVID-19 pandemics and cyclical sectors – recovery, or an altered economic position?

29.9.2020
For significant events such as the COVID-19 pandemic, we can be tempted to believe that their effects are uniform across sectors. Leaning on the international Capital IQ database operated by Standard & Poors, this article shows that even in cyclical sectors, investors perceive the impact differently. Solid data is of paramount importance for economic decisions […]

Antivirus Programme Extended

31.8.2020
We would like to inform you that on 24 August 2020, the government approved the extension of the Antivirus programme modes A and B until 31 October 2020. Antivirus, a targeted programme to support employment, has been in force since March 2020. Mode A Compensates employers who had to put their workers in quarantine or […]

COVID – Rent Programme

3.7.2020
The special subsidy COVID – Rent programme was drawn up by the Czech Ministry of Industry and Trade in response to the global coronavirus pandemic. It is intended for entrepreneurs who, due to the emergency measures, had to temporarily close their establishments used for retail activities and provision of customer services in such establishments. The […]

First Tax Legislation Amendments Related to Coronavirus Epidemic Waiting for President’s Signature

22.6.2020
In addition to what are called the liberation packages, the last of which again postpones the deadline by which individual and corporate tax payers need to file their 2019 tax returns without any sanctions until 18 August 2020, and the validity of which only required publication in the financial newsletter, there are also some changes […]

Complete overview of funding programmes – updated

16.6.2020
Do you know what the real options for receiving funding from programmes related to the measures taken against COVID-19 are?  We have prepared for you an updated overview of which funding programmes are available for entrepreneurs and what their current status is: COVID II programme The first round of applications for the COVID II Guarantee […]

State to Waive Social Security Payments by Businesses of up to 50 Employees

4.6.2020
We would like to let you know about another quick change presented by the Czech Government as part of its campaign to help small businesses. The state will waive social security payments for June, July and August 2020 by small companies of up to 50 employees. Conditions for Waiver of Payments The employers who intend […]

Economy in hibernation and cost of financing

27.4.2020
This newsletter loosely follows our previously published comment concerning the development of real estate prices in the context of the economic downturn, with a specific focus on the impact on what are called Prime Yields. In this article, we complete our view with the possible development of the cost of the financing of real estate […]

Coronavirus and Real Estate

22.4.2020
What impact can the coronavirus have on the valuation of commercial real estate? Having hit almost all areas of the Czech economy, the COVID-19 pandemic is, without doubt, one of the main and hottest topics. Having paralysed business activity, put the lid on a number of manufacturing plants, stopped tourism, and shut down restaurants and […]

How can you apply for Antivirus subsidies?

15.4.2020
In today’s issue of our newsletter you will find information on how to draw subsidies from the Antivirus programme, which was launched in the first week of April with the aim of protecting jobs.  Employers may apply at the Employment Office for a contribution to the wage compensation paid to employees from 12 March to […]

Possible employment modes caused by quarantine or emergency measures related to the spread of COVID-19

30.3.2020
You are currently asking us a lot of questions about the numerous variants of employee absence as a result of quarantine or emergency measures related to the spread of COVID-19. For this reason, we have prepared for you the following summary, which we will keep updating as the situation evolves: Employment support programme The government […]