International Agreements
Czech-American Agreement on social security
At the beginning of September 2007, the Czech Republic and USA signed an agreement on social security governing the rules on participation in the social security and health insurance system by migrating persons. A fundamental principle of the Agreement is that every person will be subject to the laws of one country, being the country in which that person carries on gainful activities (work). The Agreement sets out exceptions to this rule, applicable automatically or following application. The effect of the Agreement is that persons (including USA citizens) who have an employment contract with an employer whose registered office is in the USA but work in the Czech Republic will now have to participate in the Czech social security system. The Agreement has yet to be approved by Congress and the Czech Parliament.
Instruction D-311
The Czech Finance Ministry has issued an instruction implementing the international treaty for the avoidance of double taxation between the Czech Republic and Austria, effective 1 January 2008 (as of this date, the 1978 treaty for the avoidance of double taxation between the Czechoslovak Socialist Republic and Austria will cease to apply). In certain circumstances, persons resident in one Treaty State are entitled to full exemption from taxes in the other Treaty State. There are two distinct procedures whereby Czech tax residents in Austria can take advantage of this entitlement (provided they comply with the requisite conditions) – provision of tax relief or refunds.
Treaty for the avoidance of double taxation between the Czech Republic and New Zealand
On 26 October 2007 representatives of New Zealand and the Czech Republic signed a treaty to prevent double taxation, which will come into effect on 1 January 2008 and prevent double taxation of income, namely, in the case of Czech tax residents, by the simple offset method.
Other articles
30th Advent Concert for the Committee of Good Will – Olga Havlová Foundation
The Advent Concert of Good Will, organised since 1995 by the law firm Kocián Šolc Balaštík for the benefit of the Committee of Good Will – Olga Havlová Foundation, will this year take place on Sunday, 7 December, from 7:00 p.m., traditionally in the concert hall of the Church of Sts. Simon and Jude in the Old Town of Prague. The concert is held under the auspices of the First Lady of the Czech Republic, Mrs Eva Pavlová.
Kyberbezpečnost nově: tisíce firem čekají nové povinnosti. Iniciativa je plně na podnikateli.
Od 1. listopadu 2025 čeká tisíce firem v České republice napříč různými odvětvími zásadní změna v oblasti kybernetické regulace. Nový zákon o kybernetické bezpečnosti spolu s řadou doprovodných právních předpisů totiž výrazně rozšiřuje okruh subjektů, na které bude dopadat. Cílem regulace je zvýšit odolnost technické infrastruktury vůči kybernetickým hrozbám. Místo úzkého okruhu pouze klíčových institucí se nová pravidla budou vztahovat na široké spektrum firem a organizací, které poskytují tzv. regulované služby. Jde o služby zásadní pro fungování společnosti a státu, jejichž narušení či výpadek by mohly mít negativní dopady na bezpečnost státu, ekonomickou stabilitu a každodenní chod společnosti.
KŠB assisted with the financing of the MOSAIQ Beroun project
KŠB provided legal advice to Avisum Beroun, a member of the Go4Home Group, in connection with the financing of the construction of the residential project MOSAIQ Beroun, secured by Trinity Bank.
