Czech Business Today
Volume XVIII, 4-2019
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Absence of A1 form can lead to high penalisation
Businesses should not forget about the A1 form when travelling within the EU. The document proves that a person is… continue reading »
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ePrivacy Regulation mustn’t be rushed, say European businesses
Although the discussion regarding the proposal of Regulation on Privacy and Electronic Communications (ePrivacy)… continue reading »
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MEP Corner
“The European single market is not yet complete, as there are still some obstacles which have to be removed. I am very… continue reading »
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EU- Mercosur agreement in principle reached
At the end of June, representatives of the European Union and Mercosur finalized the agreement in principle on a new… continue reading »
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EESC Corner: Fostering an entrepreneurship and innovation-friendly Single Market – promoting new business models to address societal challenges and transitions
According to World Bank data, on average, the European Union is 53rd in the world rankings on the ease of starting a… continue reading »
CEBRE calendar
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CEBRE seminar “EU Financial support of Industry 4.0” (Brno)
8th October
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Czech gaming companies visit Belgium (Brussels, Charleroi)
22nd-23rd November
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CEBRE founders meet Czech MEPs (Prague)
29th November
Flash news
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7% DIGITAL TAX COULD BE HARMFUL
The Confederation of Industry of the Czech Republic warned that the proposed 7% Czech digital tax could have negative effects on businesses and calls for a long-term and international solution. That is why the Czech Chamber of Commerce called on the Government, hence the Ministry of Finance to withdraw the proposal and wait for a harmonized solution at EU level.
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SETTING UP A COMPANY IN CZ STILL SLOW AND EXPENSIVE
The Czech Republic still doesn’t comply with the EU recommendation that it should be possible to set up a business within 3 days while not spending more than 100 EUR. Currently, setting up a company costs 169 EUR, but the expenses should be reduced to 139 EUR soon.
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BETTER CONDITIONS FOR THE SELF-EMPLOYED
The Ministry of Industry and Trade and the Ministry of Finance of the Czech Republic introduced a new package that should simplify the life of selfemployed persons. Easier tax returns, family business support, a single contact point and legislative changes only twice per year are among the proposed measures.
