News

Aviation and aerospace
Capital markets
Competition
Corporate law
Disputes
Employment law
Energy
Environmental Law
Financial services
Insolvency and reorganisation
Intellectual property
KŠB Institute Articles
M&A
News
Private wealth, tusts, foundations
Pro bono
Publications
Public procurement
Real estate and construction
State Aid
Tax
TMT
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Zrušit filtr
15.3.2016
News

KŠB hledá nového kolegu na pozici advokátního koncipienta

15.3.2016
News

KŠB hledá nového kolegu na pozici asistenta daňového poradce

4.3.2016
News

KŠB once again nominated for Chambers Europe Award

KŠB has been once again nominated for a Chambers Europe Award for Excellence, in the category of best law firm in the Czech Republic. This prestigious award is announced annually by the renowned British ratings agency Chambers and Partners.
25.2.2016
News
Pro bono

KSB is a proud partner of the Foundation Leontinka

Law firm KSB supported this year's 10th annual benefit project for Leontinka Golf, which is designed to help visually impaired children and students. The Foundation's mission is to facilitate the integration of these children into society, to help them get an education and to enable participation in mainstream social, sporting and leisure activities.
18.2.2016
News
Competition

The Constitutional Court has agreed with the arguments of KSB in the continuation of the DELTA PEKÁRNY case

The Czech Constitutional Court issued a decision on the inspection of the office space of DELTA Bakery, by the staff of the Office for Protection of Competition (UOHS). It agreed with the decision of the European Court of Human Rights (ECHR), which assessed the case in the autumn of 2014 and which concluded that the aforementioned unannounced inspection (ie.-Dawn raid) by the Office without effective judicial control was illegal.
17.2.2016
News
M&A

Advice to Karlovarské minerální vody on Acquisition of Selecta Companies

KŠB provided full legal advice to Karlovarské minerální vody (KMV) on its acquisition of Selecta companies operating in the Czech Republic, Slovakia and Hungary.
15.2.2016
News
Aviation and aerospace

Jiří Horník to Speak at IATA Legal Conference

KŠB Partner Jiří Horník will take part at the IATA’s (International Air Transport Association) 2016 Legal Symposium to be held in Barcelona on 17 through 19 February.
10.2.2016
News
M&A

KŠB Advised North Bohemia Medical Holding on the Sale of a 100% Stake in Louny Hospital

A team of KŠB attorneys advised North Bohemia Medical Holding in selling its 100% shareholding in Louny hospital to Agel, a member of the Agel group. 
3.2.2016
News
Corporate law

KŠB Advises on CETIN Squeeze-Out

KŠB has advised on the squeeze-out of minority shareholders from Česká telekomunikační infrastruktura (CETIN) which the company’s board decided on in December 2015 and which took place in January 2016.
22.1.2016
News
Disputes
Energy

KŠB Energy Client Wins Administrative Proceedings

KŠB advised and successfully represented the company in administrative proceedings in which the imposition of the donation tax regarding allocation of emission allowances in 2011 – 2012 was challenged.
21.1.2016
News
Energy
Disputes

KŠB Energy Client Alpiq Generation (CZ) Wins Administrative Proceedings

KŠB advised and successfully represented Alpiq Generation (CZ) (“AG CZ”), the operator of power plants in Kladno and Zlín, in administrative proceedings in which the imposition of the donation tax regarding allocation of emission allowances in 2011 – 2012 was challenged.
13.1.2016
News
Corporate law

O2 Czech Republic Spin-Off Shortlisted for TMT Finance World Award 2015

The spin-off of O2 Czech Republic, which took place last June and in which KŠB played a role, was shortlisted for the TMT Finance World Award 2015, which proves that IT, technology and media experts who were in charge of the shortlist appreciated the complexity, extent and special nature of the unique deal.
11.1.2016
News
Corporate law

KŠB Advised Tiger Global Management on the Sale of a Minority Stake in Seznam.cz

KŠB advised New York-based Tiger Global Management group on a minority stake transfer deal in which the target company Seznam.cz, a leading Czech online player, acquired shares in itself from Tiger Holding Four and Mirua International.
8.1.2016
News
Capital markets

KŠB advised J&T BANK on issuing CZK and EUR perpetual bonds

KŠB advised one of the leading Czech private banks on two issues of subordinated unsecured perpetual bonds, one in Czech crowns and the other in euros. The bonds were accepted for trading on the Prague Stock Exchange. 
5.1.2016
News
Publications

Martin Šolc for Lidové noviny

In his column in Lidové noviny, KŠB Partner Martin Šolc ponders why some voices interpreting the new private law continue to emphasize that some things are just not possible.
5.1.2016
News

KŠB Partner Dagmar Dubecká to Speak at the IBA’s M&A Conference in Paris

The fourth annual IBA European Corporate and Private M&A Conference, at which Dagmar Dubecká is to speak, will be held on 11 – 12 February 2016 in Paris.
5.1.2016
News
Publications

KŠB Contributes to the European Privacy Publication

The Employment Law Alliance has issued a summary of European privacy laws which is designed primarily as a handbook for global employers.
18.12.2015
News

KSB advised Dioscorides Global Holdings, LLC

KSB advised Dioscorides Global Holdings, LLC (DGH) in negotiating, concluding and implementing an Investment Agreement regarding a joint-venture investment into Konomed s.r.o. The commercial purpose of the investment was to finance and commercially participate in a project involving the founding of the International Cannabis and Cannabinoid Institute in Prague.
15.12.2015
News
Pro bono

Photos from the Charity Concert of Good Will Now Online

We would like to invite you to view some pictures taken during the Charity Concert of Good Will – Olga Havel Foundation, which was well received and greatly enjoyed at the concert hall in the Church of St. Simon and St. Jude in Prague’s Old Town on Sunday, 29 November 2015.
9.12.2015
News

KŠB Supports 4th Annual Student Contract Competition

KŠB and law student association ELSA recently held the 4th Annual Contract Competition for law school students. Delivery agreements were the topic of this year’s contest.
8.10.2015
News

KŠB to Be Partner of Payment Card Innovation Conference

This year’s conference, once again held by publisher Economia, will focus on changes, threats and opportunities, which new cashless payment innovations may have for financial institutions, the transport and business sector, and state and regional government.
5.10.2015
News
Publications

KŠB Lawyers Help Draft New Commentary on Special Court Proceedings Act

The new Commentary includes chapters written by KŠB partner Pavel Dejl and senior associate Radka Felgrová on proceedings involving legal entities and trusts and certain special types of proceedings (involving capital markets and the ban on exercising the rights attached to beneficial securities).
15.9.2015
News
Disputes
Environmental Law

Penalty Rescinded for KŠB Client

KŠB helped a client win a lawsuit against the Czech Environmental Inspectorate, which had imposed a penalty on the client, an electric device manufacturer, for failure to abide by the Electric Waste Act. The penalty, which the Ministry of Environment confirmed, was rescinded by the Municipal Court in Prague due to being unlawful. 
14.9.2015
News
Pro bono

Annual Charity Concert of Good Will for the Olga Havel Foundation. This Year With Talented Young Musicians

You can help KŠB support one of the most respected charities in the Czech Republic by joining us to experience the artistic potential of the next generation of Czech opera singers and conductors at the 21st Annual Charity Concert of Good Will, which will take place at the Church of St. Simon and St. Jude in Prague’s Old Town on Sunday, 29 November 2015 at 19:00.
8.9.2015
News

KSB partner Jiří Horník will address Economic Forum in Krynica

Jiří Horník, KSB partner and aviation law specialist, will participate in a panel discussion themed “Airport 2015 – How to make airports a successful business venture?” at the prestigious economic meeting in the Polish town Krynica Zdrój. 
8.9.2015
News

KSB partner Jiří Horník will address Economic Forum in Krynica

Jiří Horník, KSB partner and aviation law specialist, will participate in a panel discussion themed “Airport 2015 – How to make airports a successful business venture?” at the prestigious economic meeting in the Polish town Krynica Zdrój. 
27.8.2015
News
Real estate and construction

Law firm Kocian Solc Balastik advises on the sale of RPG Byty

KSB attorneys advise client on unique real estate transaction. 
29.7.2015
News
Publications

New legal book by KŠB lawyers

Wolters Kluwer has just published a new comprehensive summary of the most important case-law rulings related to business corporations which apply following the re-enactment of Czech private law. The book was authored by a team of KŠB lawyers led by professor Jan Dědič, a company law specialist.
23.7.2015
News

PŘIPRAVOVANÉ NEBO PROJEDNÁVANÉ ZÁKONY

23.7.2015
News

PŘIJATÉ ZÁKONY A ZMĚNY PRÁVNÍCH PŘEDPISŮ

23.7.2015
News

INFORMACE Z FINANČNÍ SPRÁVY

10.6.2015
News
Publications

Křest nového komentáře k zákonu o investičních společnostech a investičních fondech

10.6.2015
No items found.

Křest nového komentáře k zákonu o investičních společnostech a investičních fondech

2.6.2015
No items found.

asd

asd
1.6.2015
News
Corporate law

Unique Spin-Off Advice to O2 Czech Republic

KŠB has advised O2 Czech Republic a.s. (“O2”) on a spin-off which involved full-scale cooperation with O2 from the initial analysis of relevant legal aspects, drafting the spin-off plan and associated documentation, preparing and convening the general meeting to subsequent steps including registration in the Companies Register.
25.5.2015
News

INSTRUCTIONS FOR DEFERRING TAX PAYMENTS

25.5.2015
News

PROTOCOL TO THE DOUBLE TAX TREATY BETWEEN THE CZECH REPUBLIC AND BELGIUM

25.5.2015
News

TAX CASE LAW (GUIDING DECISIONS)

E-Book VAT Dispute; Supplier’s Financial Condition to Be Considered; Insufficiently Documented Difference between Standard Prices and Transfer Price for Tax Purposes; Employment-Related Financial Benefits
25.5.2015
News

ELECTRONIC SALES REGISTER

25.5.2015
News

HOW TO PAY VAT AT THE MINI ONE STOP SHOP (MOSS)

25.5.2015
News

REAL PROPERTY TAX

25.5.2015
News

TAX DEDUCTIBUILITY OF EMPLOYER CONTRIBUTIONS

25.5.2015
News

TANSFER PRICES – INSTRUCTIONS FOR COMPLETING TAX RETURN SCHEDULES

27.4.2015
News

KŠB Named Best Law Firm in the Czech Republic

Kocián Šolc Balaštík (KŠB) was named Law Firm of the Year in the Czech Republic for a third time in the Chambers Europe Awards for Excellence in Amsterdam on Friday.
21.4.2015
News
Employment law

KŠB Wins Labour Dispute for Major Client

The Regional Court in Ostrava denied an action filed by a former employee of KŠB’s client concerning performance under a non-competition clause in the amount of several million Czech crowns. The court agreed with KŠB’s argument that the principle of special protection for employees must be relativized and concluded that, when assessing responsibility for the fate of labour negotiations, it is always necessary to take all circumstances into account.
10.4.2015
News

KŠB Wins the Lázně Kyselka Defamation Case

The High Court in Prague has ruled that a representative of Asociace sdružení pro ochranu a rozvoj kulturního dědictví v ČR (Czech Landmark Association – Association) must issue an apology to Karlovarské minerální vody (KMV) CEO Allesandro Pasquale for statements made in relation to the Kyselka spa resort in Western Bohemia.
20.3.2015
News
Competition

KŠB Wins the Philips Cartel Case before the Supreme Administrative Court

The Supreme Administrative Court, which decided the case as the court of last resort, agreed with the key points of KŠB’s argumentation.
17.3.2015
News
M&A

KŠB advises in connection with the acquisition of Kékkúti Ásványvíz

Karlovarské minerální vody (KMV) successfully signed the contract for the acquisition of the Hungarian bottled water number one Kékkúti Ásványvíz, which up to now belonged to Nestlé Waters. The negotiations on the sale of the Hungarian division of Nestlé Waters bottled water took more than one year.
13.3.2015
News
Competition

KŠB Awarded by Prestigious Magazine ‘The Lawyer’

Kocián Šolc Balaštík (KŠB) has been awarded the European Competition Case of the Year award in The Lawyer European Awards 2015 for its victory before the European Courts for Human Rights.
4.3.2015
News

KŠB once again nominated for Chambers Europe Award

Despite stricter rules this year, KŠB was once again nominated for one of the most prestigious awards in the world of legal ratings, the Chambers Europe Award, which is given by British ratings agency Chambers and Partners.
28.2.2015
News

CLOSER LINK BETWEEN THE IMMOVABLES TAX ACT AND THE CIVIL CODE

28.2.2015
News

GFD ISSUES INSTRUCTION IMPOSING RULES FOR EXEMPTING TAX INTEREST AND CHARGES

28.2.2015
News

DUTY TO FILE TAX RETURNS ELECTRONICALLY

28.2.2015
News

AMENDMENT TO THE EXCISE DUTY ACT

28.2.2015
News

MEASURES TO RESTRICT ABUSE OF THE PARENT-SUBSIDIARY DIRECTIVE

28.2.2015
News

FATCA

28.2.2015
News

BROADER REQUIREMENTS FOR LABELLING UNRELIABLE PAYERS

28.2.2015
News

TAX INFORMATION EXCHANGE TREATY WITH THE BAHAMAS AND COOK ISLANDS

28.2.2015
News

GFD PUBLISHES NEW INTERPRETATION RULES FOR THE INCOME TAX ACT

28.2.2015
News

THIRD AMENDMENT TO VAT ACT ADOPTED

30.1.2015
News
Competition

KŠB’s Win before the ECHR Nominated for “The Lawyer European Awards 2015”

KŠB has been nominated for an award by respected British legal magazine “The Lawyer” for successfully representing Delta Pekárny, a.s. before the European Courts for Human Rights in a dawn-raid case.
26.1.2015
News

KŠB considered One of Top Five Law Firms in Central Europe in “The Lawyer European Awards 2015”

KŠB is one of the five law firms nominated for the prestigious Law Firm of the Year in Central Europe award given by renowned British legal magazine “The Lawyer”.
20.1.2015
News
M&A

KŠB Advises on Sale of AWT

The BMM Group, which manages Zdeněk and Michaela Bakalas’s Czech assets, agreed with the other shareholders at the end of the year to sell a majority stake in AWT to PKP Cargo, the largest Polish railway cargo carrier. The deal is expected to be completed in the first half of 2015 following regulator approval. KŠB advised the seller.
7.1.2015
News

Law firm Kocián Šolc Balaštík (KŠB) appoints new counsels

Kocián Šolc Balaštík (KŠB) has announced the appointment of four new counsels effective 1 January 2015. The promotion of three attorneys and one tax advisor, all of whom have worked for KŠB for several years, is an acknowledgement of the outstanding work they have done and continue to do for KŠB.
6.1.2015
News

Third Annual Contract Competition

In cooperation with KŠB, law student association ELSA held its 3rd annual Contract Competition for law school students. Shareholder agreements were the topic of this year’s contest.
6.1.2015
News

Martin Šolc Wins ‘Most Respected Lawyer’ Opinion Poll

Peers describe KŠB partner Martin Šolc as the most respected lawyer in the Czech Republic in an opinion poll held by Motejlek.com.
2.1.2015
News

Dagmar Dubecká Ranked Once Again Among the TOP 25 Women of Czech Business

KŠB Managing Partner Dagmar Dubecká ranked 24th in this year’s TOP 25 Women of Czech Business poll, which was held for the tenth time by publishing house Economia.
2.1.2015
News

Dagmar Dubecká Discusses Gender Diversity in Top Management

KŠB managing partner Dagmar Dubecká took part in the “Women Welcome on Board” conference held by publishing house Economia and the Business for Community association. In one of four panel discussions, Dagmar, together with other ladies ranked in the TOP 25 Women in Czech Business, discussed gender diversity in top management.
2.1.2015
News

KŠB’s Karlovy Vary Branch Has Moved

As of 1 December 2015, KŠB’s Karlovy Vary branch is in a new location: Závodní 391/96C, 36006 Karlovy Vary
18.11.2014
News

KŠB Takes Part in “European Energy Goals for 2030” Panel Discussion

On 7 November 2014 at the Prague Marriott Hotel, a formal discussion was held on energy security in the Czech Republic. During the panel discussion, KŠB energy law specialist Tomáš Sequens looked at the stability of Czech energy regulations and the expectations of energy market players.
18.11.2014
News

KŠB People in Media

Ekonom Weekly (its special “Stories of Success”) and Lidové noviny daily featured interviews with and a profile of KŠB partner Martin Šolc and KŠB counsel Jan Lasák respectively.
29.10.2014
News

KŠB Institute Supports New Private Law Conference

The new Civil Code as viewed by lawyers, judges, members of academia and corporate representatives will be the main topic of the New Private Law conference. KŠB Institute – KŠB’s education subsidiary – will lend support to the event as a conference partner.
Nebyly nalezeny žádné výsledky.

Zprávy

Aviation and aerospace
Capital markets
Competition
Corporate law
Disputes
Employment law
Energy
Environmental Law
Financial services
Insolvency and reorganisation
Intellectual property
KŠB Institute Articles
M&A
News
Private wealth, tusts, foundations
Pro bono
Publications
Public procurement
Real estate and construction
State Aid
Tax
TMT
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Zrušit filtr
9.4.2009
News

SPE – a uniform company throughout the EU

The negotiations on the legal framework of a European Private Company (Societas Privata Europaea) progressed significantly during March. The European Parliament discussed and approved (subject to several amendments) the proposal on the statute for a European private company. 
9.4.2009
News

Regulation on credit rating agencies

The European Commission presented a proposal at the end of last year as part of a package of proposals addressing the financial crisis. It was instigated by current insufficient control over the quality of work of rating agencies that many people believe fairly contributed to the current financial crisis. Credit rating has been subject to legislation primarily applicable to other aspects of financial markets (Directive No. 2003/6 on insider dealing and market manipulation and Directive No. 2006/49 on the capital adequacy of investment firms and credit institutions). 
9.4.2009
News

Proposal for Directive on Industrial Emissions (Integrated Pollution Prevention and Control)

The European Parliament approved in its March session the proposal for a directive on industrial emissions on first reading. The proposal suggests consolidating the current seven industrial-emission laws into a single act – directive on integrated pollution prevention and restriction (IPPR) and six industry laws – the so-called VOC, LCP, titanium dioxide and waste burning directives. The reasons for this change are not to merely eliminate difficulties and discrepancies in the current legal framework, but respond to the ever-increasing emission levels which pollute water, soil and air, in attempt to create a more efficient pan-European framework and standards for an integrated approach to prevention. 
8.4.2009
News
Competition

Agrofert’s take over of Agropol permitted

Kocián Šolc Balaštík successfully represented Agrofert Holding, a.s. in proceedings before the Anti-Monopoly Authority regarding Agrofert’s merger with Agropol. The Anti-Monopoly Authority permitted the merger subject to predefined conditions.
1.4.2009
News

KSB Opens Branch Office in Ostrava

Law firm Kocián Šolc Balaštík, named several times by international rating agencies as a leading Czech law firm, opened a new branch office in Ostrava on 1 March 2009. The opening of KSB’s Ostrava branch office is an expression of KSB’s focus on satisfying the needs of its large corporate clients from the Moravia region.
24.3.2009
News

Negotiated amendments

Amendment to the Income Tax Act; Chamber of Deputies postpones approval of partial harmonization amendment to the VAT Act and Excise Tax Act; Amendment to the Foreign Currency Act
24.3.2009
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
24.3.2009
News

New developments in legal regulations from 2009

Changes in payment of social security contributions from 1 January 2009; Maximum assessment base for 2009; Sickness Insurance Act
24.3.2009
News

From Judicature - Award by the Constitutional Court dated 1 December 2008 (I. ÚS 705/06)

Pursuant to the Award by the Constitutional Court dated 1 December 2008 (I. ÚS 705/06), the facts ascertained by tax authorities (carrying out procedural acts) in the course of a tax inspection that serve the decision-making of tax administrators but subsequently found to be illegal by the Financial Directorate, cannot be reapplied by the tax administrator.
6.3.2009
News
M&A

MAGNA Group takes over auto plastic parts manufacturer Cadence Innovation

Law firm Kocián Šolc Balaštík has been providing legal consultancy to its long-term client, the globally operating Canadian company MAGNA, in its acquisition of Cadence Innovation, s.r.o. The company belongs to the largest world-wide manufacturers of car parts and is established in the Czech Republic.
24.2.2009
Publications

Novelties in Commercial Law. Plus, No. 1/2009

Professor Jan Dědič, a partner of law firm Kocián Šolc Balaštík, wrote an article on changes expected in 2009 concerning legal regulations in commercial law in the Czech-German Commercial and Industrial Chamber's magazine Plus, which was published in February.
18.2.2009
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
18.2.2009
News

New developments in legal regulations from 2009

Changes in payment of social security contributions from 1 January 2009; Maximum assessment base for 2009; Sickness Insurance Act
18.2.2009
News

From Judicature - The Constitutional Court Has Issued a Further Interesting Award

The break-through resolution of the Constitutional court concerning the deadline for additional tax assessment of which we informed in the past Tax News was preceding by another interesting resolution from the end of November 2008 in which the Constitutional court provided its comments on the contents and objective of tax inspection.
18.2.2009
News

International relations

Communication of the Ministry of Foreign Affairs on termination of the Agreement between the Czech Republic and the Union of Soviet Socialistic Republics on Social Security and the Protocol to the Agreement in relation to the Russian Federation
18.2.2009
News

Negotiated amendments

Amendment to the Income Tax Act; Chamber of Deputies postpones approval of partial harmonization amendment to the VAT Act and Excise Tax Act; Amendment to the Foreign Currency Act
13.2.2009
News
M&A
Energy

KSB Assists OKD, a.s. in Spin-Off of Energy-Related Assets

Kocián Šolc Balaštík advised OKD, a.s. in connection with the spin-off of OKD’s CZK 2.8 billion worth of energy-related assets to its sister company NWR Energy, a.s.
20.1.2009
News

Nový trestní zákoník čeká již jen na podpis prezidenta

20.1.2009
News

Changes in Cadastral Register

In the end of the past year, an amendment to the Cadastral Register Act was passed. In addition to legislative and technical adjustments, the amendment also contains significant factual changes. In general, data registered in the Cadastral Register will be more easily accessible, since in view of the advanced digitalization, any Cadastral Office may provide extracts, extracts from cadastral maps and any other data regardless of where the real estate is situated or under what Cadastral Office its cadastral area belongs. Simultaneously, together with the protection of important personal data that is usually contained in the Cadastral Register’s information system (such as information on financial circumstances, in particular information on acquisition of assets, purchase prices, etc.), the provision of certain data will be subject to certain regulation.
20.1.2009
News

Increased performance under insurance of deposits

The amendment to the Banking Act increases the maximum compensation provided under insurance of deposits to the amount equaling the equivalent of EUR 50,000. The new amendment took effect on 15 December 2008.
20.1.2009
News

New regulation for documenting certain facts entered in Commercial Register

Following the new regulation concerning mergers and other transformations effective 1 July 2008, an amendment was passed to Decree 250/2005, Coll. on Binding Forms for Filing Applications for Entry into Commercial Register. The major change is a new detailed regulation of mandatory annexes documenting facts entered into the Commercial Register in case of transformations of commercial companies, cooperatives and European cooperatives.
15.1.2009
News
Corporate law

KSB advises MICHEL THIERRY during restructuring in the Czech Republic

Law firm Kocián Šolc Balaštík provided legal advice to the MICHEL THIERRY GROUP SA during the merger and transfer of assets of its subsidiaries.
14.1.2009
News

New Attorneys at KSB - Radka Felgrová and Martin Škrabal

Law firm Kocián Šolc Balaštík, recognized as the Czech Republic's leading law firm in corporate law by the November survey of ePravo.cz, expanded its team of attorneys by two new members, Radka Felgrová and Martin Škrabal.
30.12.2008
News
M&A

KSB represented OKD, a.s. on the sale of its subsidiary OKD, BASTRO, a.s.

Law firm Kocián Šolc Balaštík assisted OKD, a.s., the biggest Czech producer of black coal, on the sale of its subsidiary, OKD, BASTRO, a.s. The transaction was another step towards the realisation of OKD’s long-term plan to focus on its core business of coal extraction.
29.12.2008
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
29.12.2008
News

New developments in legal regulations from 2009

Changes in payment of social security contributions from 1 January 2009; Maximum assessment base for 2009; Sickness Insurance Act
29.12.2008
News

From Judicature - The Constitutional Court issued a breakthrough resolution concerning the interpretation of periods set for tax assessment

Pursuant to the award of the Constitutional Court dated 2 December 2008, the three-year period in which a tax or an additional tax can be assessed does not commence at the end of the taxation period in which the tax return is to be filed but already from the end of the taxation period provided it is evident at the moment the obligation to file a tax return arises.
29.12.2008
News

Negotiated amendments

Amendment to the Income Tax Act; Chamber of Deputies postpones approval of partial harmonization amendment to the VAT Act and Excise Tax Act; Amendment to the Foreign Currency Act
29.12.2008
News

International Tax Relations

For the taxation period commencing 1 January 2008,  a newly concluded double-tax treaty between the Czech Republic and the Hashemite Kingdom of Jordan, which also prevents tax evasion in the area of income taxes, became effective.
18.12.2008
News

Agreement on changes to the regulation of telecommunications

The meeting of the Council of EU Telecoms Ministers in Brussels on 27 November 2008 brought significant changes toward creation of a “Single EU Telecoms Market”. Telecommunications ministers from 27 EU member states arrived at a preliminary agreement to review the regulatory framework for electronic communication networks and services.
18.12.2008
News

Reduction of administrative burden of companies by way of limiting publication of mandatory data

The European Parliament considered a draft directive on 19 November 2008 that amends existing obligations of companies with regard to mandatory publication of certain data (Draft Directive of the European Parliament and Council amending Directives of the Council Nos. 68/151/EHS and 89/666/EHS as concerns obligations of certain forms of companies in the field of publication and translations).
18.12.2008
News

Uniform rules for airport charges

A new legal regulation is in progress that will affect the system of collecting airport charges. Its aim is to prevent individual airports from abusing a dominant position. Non-transparent or overestimated airport charges should be removed through the consultation mechanism between airports and their users, together with the rules for resolution of mutual disputes.
18.12.2008
No items found.

Modernization of the legal framework of aviation transport

The target of the most recent legislation efforts by the European Commission is to ensure a more effective functioning of the internal aviation market, to increase the safety of aviation services and to improve protection of passengers that include, inter alia, the terms of fares and rates. In addition to simplification of existing regulations, it was necessary to resolve the needs of the efficient and uniform application of such regulations, which is a prerequisite for creation of equal conditions for all aviation companies in the EU.
18.12.2008
News

Assessment of legal regulation on merger control

The European Commission commenced a public consultation concerning the functioning of Regulation No. 139/2004 on the control of concentrations between undertakings. The purpose thereof is to assess application rules after four years of existing practical application, i.e. setting of the threshold value and criteria as well as mechanisms of transfer of powers concerning assessment of the connection between the Commission and national antimonopoly authorities.
18.12.2008
News

Reduction of prices of roaming data services and SMS

On 23 September 2008, the European Commission published a proposal for a regulation introducing lower prices for roaming data services and SMS. The document also takes into account the reduction of voice services. The Commission seeks to improve transparency of Internet usage and downloading of data from mobile phones during travels abroad.
18.12.2008
Publications

Getting the Deal Through – Electricity Regulation 2009

Václav Rovenský and Ján Béreš became the first contributors for the Czech Republic in the publication Electricity Regulation 2009 for the series Getting the Deal Through, published by London-based company Law Business Research Limited. The publication contains an overview of information on legal regulation in the electrical energy sector of 34 countries. The chapter concerning Czech law can be downloaded here
18.12.2008
News

Approval of the climate-energy package expected by the end of year

France exerts significant efforts to bring all 27 EU member states to reach an agreement on reduction of greenhouse gas emissions, energy consumption and use of alternative sources by the end of this year, as it has set this task as one of the priorities of its chairmanship. Non-standard procedures should also assist to push through one of the most costly projects – the so-called informal “trialogues” between European Parliament, Council and Commission, by which Parliament waives a part of its powers in favour of such compromise or for intensive separate negotiations by the French president with individual EU member states.
18.12.2008
News

Impact of tax duty depending on possibility to infringe competition

Resolution of the European Court of Justice (ECJ) dated 16 September 2008 in matter C‑288/07 Commissioners of Her Majesty’s Revenue & Customs vs. Isle of Wight Council, Mid-Suffolk District Council, South Tyneside Metropolitan Borough Council, West Berkshire District Council. Interpretation of the Sixth Directive on VAT – Article 4, para 5 – Activities performed by a public-law entity – Operation of paid car parks – Infringement competition – Meaning of the expressions “if it led” and “significant”.
17.12.2008
News
Pro bono

KSB joins Pro Bono Declaration

Law firm Kocián Šolc Balaštík joined the Pro Bono Declaration within the framework of the Pro Bono Centre that aims to support the development of pro bono legal services provided by Czech attorneys.
9.12.2008
News

Proposal for amendment of Tax Administration and Collection Act and new Tax Rules

An amendment to the Tax Administration and Collection Act is now at the Chamber of Deputies awaiting a third reading. The proposed amendment amends the rules for imposing sanctions for infringement of confidentiality obligations and introduces a suspensory effect should additional payment assessment be issued after completion of a tax inspection.
9.12.2008
News

New form for VAT returns

From 1 January 2009, a new form shall be valid (No. 25 5401 MFin 5401, sample No. 15) for value added tax returns. The new form, in comparison with the existing four-page form, only has two pages. Services rendered outside the Czech Republic shall newly be monitored and reported separately. Besides renumbering individual lines in the tax return, the form includes new lines in connection with the most recent amendments to the VAT Act. The form is to be first used for the taxation period of January 2009 or first quarter of 2009.
9.12.2008
News

Prepared Draft Acts

The House of Representatives (Lower House) approved an amendment to the Road Tax Act. The amended provisions should result in reduction of road tax rates for vehicles over 12 tons used as new for businesses that are more environmentally friendly. The lower rate should apply for 36 months following the first registration.
9.12.2008
News

Controversial resolution of the Supreme Court

The Supreme Court, in its resolution No. 22/2007, addressed the differences between the loan agreement regulated by the Civil Code and the credit agreement pursuant to the Commercial Code. Pursuant to the Supreme Court, the difference is, inter alia, based on the subject of the agreement.
9.12.2008
News

International Tax Relations

For the taxation period commencing 1 January 2008,  a newly concluded double-tax treaty between the Czech Republic and the Hashemite Kingdom of Jordan, which also prevents tax evasion in the area of income taxes, became effective.
9.12.2008
News

Amendment to the Act on Accounting

On 19 August 2008, Act No. 304/2008, Coll. was published in the Collection of Laws, which amends the Act on Accounting. This amendment will become effective from 1 January 2010, and only selected provisions will become effective from already 1 January 2009.
9.12.2008
News

Amendments to Tax Laws

On 4 July 2008, the amendment to the Road Tax Act became effective, which introduces a new system that reduces road tax rates for more environmental friendly cars from 2009.
9.12.2008
No items found.

Amendment to VAT Act and Excise Tax Act

The Chamber of Deputies had a first reading of the governmental proposal to amend the VAT Act and the Excise Tax Act, which has been proposed to take effect from 1 December 2008.
9.12.2008
News

Notification of Finance Ministry on Standard Classification of Production to allocate services for application of reduced VAT rate as of 1 January 2008

The Czech Statistical Office superseded the Standard Classification of Production by Production Classification (CZ – CPA) with effect from 1 January 2008. The Finance Ministry announced that for the purposes of the VAT Act, the Standard Classification of Production valid from 1 January 2003 shall continue to be applied. This classification shall be further binding for allocation of services after 1 January 2009.
9.12.2008
News

VAT round-off

In connection with the cancellation of fifty-heller coins, the validity of which was terminated as of 31 August 2008, the Czech Tax Administration published information concerning the rounding off of taxes in respect of VAT.
4.12.2008
Publications

VAT News - Horses Follow Housing. TURF Magazine, September/2008

Václav Pátek, a tax expert at law firm Kocián Šolc Balaštík, prepared a contribution for the Bulletin of the Czech Union of Full-Blooded Horses and Owners of Race Horses, Český chov, which is a part of TURF Magazine. The contribution focused on a change of VAT rates for the sale of race horses resulting from the amendment to the VAT Act effective from 1 January 2009. To apply the lower VAT rate on the sale of race horses for 2009, VAT prepayment should be made before the end of the year, similar to housing for 2007. The whole article can be downloaded here (in Czech only)
20.11.2008
Publications

Czech Republic Takeover Guide

Dagmar Dubecká and Vlastimil Pihera prepared an information document for the International Bar Association addressing the legal regulation concerning takeover bids in the Czech Republic. The document summarizes the basic principles of the new legal regulation of takeover bids in the Czech Republic, a new construction of the bid obligation, types of actions on the grounds of a takeover bid or an unfulfilled bid obligation and the method of performance of supervision over takeover bids by the Czech National Bank. The published text contains information applicable as of the editorial closing date, i.e. April 2008. The contribution can be downloaded here
20.11.2008
Publications

Concerning preclusion in tax law. Daňový expert, No. 5/2008

Václav Pátek published an article concerning preclusion in tax law following the resolution by the extended panel of judges of the Supreme Administrative Court in the professional tax magazine Daňový expert.
14.11.2008
News

KSB announced as Leading Law Firm in Corporate Law

Law firm Kocián Šolc Balaštík has been awarded the title of the Czech Republic’s leading law firm in the field of corporate law in the first year of the survey Leading Law Firm of the Year 2008.
6.11.2008
News
Pro bono

Charity Concert of Good Will

Kocián Šolc Balaštík is organising the fourteenth annual Charity Concert of Good Will – Olga Havel Foundation. The concert is to be held in the Church of St. Simon and St. Jude, Old Town, Prague on Sunday 23 November 2008 at 7:00 pm.
6.11.2008
News

New Anti-Money Laundering and Anti-Terrorist Financing Legislation

The Act on Some Measures against Money Laundering and Terrorist Financing (effective since 1 September 2008) responds to a number of EU legislative requirements, primarily to Directive No. 2005/60 EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (the so-called 3.AML Directive).
6.11.2008
News

Amendment to Act on Greenhouse Gas Emission Allowance Trading

The amendment (effective since 1 September 2008) responds primarily to the objections raised by the European Commission and abolishes the allowance guarantees for new facility operators or other operators whose facilities changed in terms of use, manner of operation or capacity as a result of major investment.
6.11.2008
News

Penalties on Cash Payment Cap Alleviated

It has been over four years since the 15,000 Euro cap for cash transactions was introduced. The Act on Restriction of Cash Payments was amended in August to modify the penalties, including fines for breach of the cap.
29.10.2008
News

20th Annual Conference of the European Air Law Association in Prague

One of the lecturers at the 20th annual conference of the European Air Law Association, which takes place on 7 November 2008 in Prague, is Jiří Horník, an attorney specializing in aviation law at law firm Kocián Šolc Balaštík.
23.10.2008
News

Client Seminar – Personal Data Protection II

Law firm Kocián Šolc Balaštík is preparing the second part of an ongoing seminar in the field of personal data protection. The seminar will focus on specific topics in this area, such as the transmission of personal data to foreign countries, the processing of personal data of employees (including the monitoring of employees and their electronic communications), CCTV, the sending of marketing communications and other related practical questions.
17.10.2008
News
Competition

Supreme Administrative Court confirms no bakers’ cartel

Delta Pekárny and Odkolek, both represented by Kocián Šolc Balaštík, won lawsuits against the Anti-Monopoly Office before the Regional Court in Brno and subsequently the Supreme Administrative Court, involving an alleged cartel agreement in the bakery market.
17.10.2008
News

KSB Scores High in Sports, Too

Kocián Šolc Balaštík (KSB) scored high by finishing second in a number of traditional autumn sport events and contests of attorneys, junior lawyers and back office staff.
9.10.2008
News
Pro bono

KSB receives VIA Bona Award for Corporate Philanthropy

For this year’s VIA Bona Awards given out by the VIA Foundation, law firm Kocián Šolc Balaštík (KSB) received the Award For Long-Term Partnership for its long-term support of the Good Will Committee – Olga Havlová’s Foundation (GWC) through Advent charity concerts.
30.9.2008
News

KSB provides legal services to Chapman University

Law firm Kocián Šolc Balaštík provided consultancy to Chapman University of Orange County, California in the establishment of a branch in the Czech Republic. The branch will provide the MBA program in the Czech Republic.
9.9.2008
News
M&A
Energy

KŠB provides complete legal and tax consultancy in merger of companies from Kladno Energy Businesses group

Within the framework of long-term consultancy services, the law firm Kocián Šolc Balaštík assisted the Kladno energy groups of Energy Businesses from Swiss corporate group ATEL during the restructuring of this group.
9.9.2008
Publications

Would you like to have a registered seat in Cyprus? Euro, No. 37/2008

Vlastimil Pihera published an article on free movement of companies in Euro. The article refers to the European Court of Justice’s expected resolution in the Cartesio case and the new possibility for companies to move their registered offices within the European Union as a result of the resolution. To download the article click here
5.9.2008
Publications

Professor Dědič comments on new Transformation Act in Legal Information Bulletin No. 7/2008

Professor Jan Dědič, a partner of the law firm Kocián Šolc Balaštík, published two extensive contributions in the Legal Information Bulletin, a professional monthly for legal practice, on the new act of transformations of commercial companies and cooperatives, which became effective on 1 July 2008.
27.8.2008
News
M&A

KSB represents Michel Thierry Group during acquisition of FEZKO

Law firm Kocián Šolc Balaštík (KSB) provided legal advisory to the Michel Thierry Group, a leader in the production of textiles and leather for the car industry, during its acquisition of majority shares in FEZKO, a.s. and FEZKO SERVIS, a.s.
22.8.2008
News
M&A

Sale of Biofaktory

Law firm Kocián Šolc Balaštík has been engaged by the participants of Biofaktory Praha s.r.o., a Czech and Slovak leader in production of animal feed, fodder additives, veterinary medications, health supplements and pet products, to provide comprehensive advisory services on the sale of the Biofaktory Group to international holding company Nutreco, with its registered office in the Netherlands.
15.8.2008
News

Welcome changes in operation of small trades

Since 1 July 2008, on the basis of Act No. 130/2008, Coll., amending the Trade Licensing Act, requirements for commencement of business activities and reduction of the overall administrative burden for tradesmen are significantly simplified.
15.8.2008
News

Capital markets - transposition of the MiFID Directive

Act No. 230/2008, Coll., a very important amendment to the Act on the Capital Market Business (“Capital Market Business Act”) was published and transposes Directive 2004/39 on financial tools markets known under the abbreviation MiFID as well as other European regulations into Czech law. The aim of the regulation is to enhance the transparency of financial markets, improve protection of investors and strengthen the competitive environment. The amendment took effect on 1 July 2008. New implementation regulations were issued on the same date.
15.8.2008
News

New regulation on mergers and other transformations of commercial companies and cooperatives

Act No. 125/2008, Coll., on Transformations of Commercial Companies and Cooperatives, taking  effect 1 July 2008, supersedes the existing regulation of intra-state transformations in the Commercial Code and newly regulates certain transformations with foreign elements, i.e. cross border mergers and transfer of assets to a foreign participant.
15.8.2008
News

Road tax and new system of reduced rates

Regulation of the road tax has been significantly changed. Act No. 16/1993, Coll., on the Road Tax, as amended, brings extension of the existing exemption from the tax for cars using further kinds of alternative fuels. It further introduces a newly drafted system of reduced rates.
Nebyly nalezeny žádné výsledky.