Published Acts - Act on a Single Collection Point; Financial administration; Customs administration
The following acts, whose amendments we informed you about in the previous edition of Tax News, were published in the Collection of Laws.
Act on a Single Collection Point
Act on Establishment of a Single Collection Point – Act No. 458/2011, Coll.
Financial administration
Act on the Financial Administration Office – Act No. 456/2011, Coll.
Acts Amending Certain Acts in Connection with the Adoption of the Act on the Financial Administration Office – Act No. 457/2011, Coll.
Customs administration
Act on the Customs Administration Office – Act No. 17/2012, Coll.
Acts Amending Certain Acts in Connection with the Adoption of the Act on the Customs Administration Office – Act No. 18/2012 Coll.
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Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.
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The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
