Amendment to the Income Taxes Act

Since 1. 1. 2021, changes came into effect to the Income Taxes Act.

One of the important changes in this so-called „Tax package“ is the introduction of the flat rate tax. Self-employed persons can log in the flat-rate tax regime, under the conditions laid down by this Act, which means that they pay a constant flat-rate amount of 5,469 CZK/month (be valid for year 2021) for their income of up to 1 million CZK. This amount is created by income tax in the amount of 100 CZK/month, social insurance in the amoun

New Act on Waste

On 1/1/2021 has come into effect Act No. 541/2020 Coll., new waste act.

There were several reasons for adopting this legislation. Due to the fact that the old legal regulation has already been amended many times in order to comply with EU regulations, the Act became confusing, especially in the area of product take-back duty. Furthermore, the old legislation no longer complied with the legislative requirements for the regulation of offenses.

Now the „waste“ agenda is divided into several partial acts. Thi

Czech LEX COVID - prolongation in the field of corporate law to 30.06.2021

The Act on Certain Measures to Mitigate the Impact of the Coronavirus Epidemic (the so-called LEX COVID) in the field of justice and corporates entered in the Czech Republic in force on 24 April 2020. One of the issues to be regulated was how to convene general meetings in accordance with the restrictive measures and how to take key decisions.

Even prior to the first lockdown in spring 2020, it was possible for general meetings and statutory or supervisory bodies of companies to adopt decisions remotely. A