30.5.2014
News

Supplementary Social Security Agreement between the Czech Republic und USA

The Lower House of the Parliament of the Czech Republic is considering in the first reading the Supplementary Agreement amending the Social Security Agreement between the Czech Republic and the USA.

As soon as it takes force and effect, the Social Security Agreement between the Czech Republic and the USA will also cover health insurance. This will stop duplicate payments of such insurance by American citizens who, when seconded to American subsidiaries operating in the Czech Republic, must pay Czech health insurance even though they still participate in the American system.  

Even after adopting the Supplementary Agreement, it will still apply that:

- gainfully self-employed individuals and non-active family members will not have automatic access to public health insurance;

- all persons who are not covered by Czech public health insurance will have to fulfill all legal conditions for entry and residence in the Czech Republic, including the conditions for covering the costs of health care in the Czech Republic.

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KŠB advises the National Development Bank on the integration of the Czech Export Bank

KŠB poskytla právní poradenství Národní rozvojové bance, a.s. v souvislosti s integrací České exportní banky, a.s., do skupiny NRB.

KŠB advised the National Development Bank (Národní rozvojová banka, a.s.) on the integration of the Czech Export Bank (Česká exportní banka, a.s.) into the NRB group.

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When Excessive Prevention Does More Harm Than Good

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KŠB Advises on the Establishment of FIDUROCK Retail Parks Fund SICAV

Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.

Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.