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Doing Business in the EU after Brexit

16.2.2021
As from December 31, 2020, the UK is separated from the EU. This has an impact on the tax and compliance position of EU based companies doing business in the UK and vice versa. Introduction While the mile-long lines of trucks have dissipated at ports, companies are waking up to less visible forms of friction […]

Planning a business transformation? Leaving your opening balance sheet to experts is the right choice

3.2.2021
Mergers and divisions of companies are governed by Act 125/2008 Coll., on Transformations of Commercial Companies and Cooperatives (“Act on Transformations”). Many investors find this to be a highly attractive area in terms of impacts connected with acquisitions, yet it may prove complex and time-consuming. A business transformation means a merger by acquisition or absorption […]

Financial due diligence, and a pig in a poke

30.3.2015
Since childhood, we have been told that buying a pig in a poke is not a good idea. In transactions involving the acquisition of a business – that is quite a lot of money – the pig and the poke are first carefully examined and only then bought.