Information from the General Financial Directorate

The General Financial Directorate (GFR), in cooperation with the Czech Statistical Office (CTO), recently published information on certain issues regarding the classification of construction work pursuant to §§ 41–43 of the CZ-CPA (the CTO’s product classification system) in relation to reverse charge VAT in the construction industry. The published information supplements the materials issued thus far by the GFR and in certain cases the classification published previously is rescinded.
The classification mainly includes projects such as installations, repairs, or maintenance of various equipment firmly connected with building units.
Further information is available on the Czech Tax Administration’s.
Other articles
KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.