Amendment to VAT Act and Excise Tax Act
The objective of this amendment is the implementation of Directive No. 2007/74/EC on the exemption of value added tax and excise duty of goods imported by persons travelling from third countries. The Czech Republic is directly bound by this directive and is obliged to procure full implementation thereof by Czech legislation with effect from 1 December 2008. Pursuant to the governmental proposal, goods with value up to Euros 430 are to be exempt from value added tax when imported by persons travelling from third countries.
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KŠB Advises PPF on Landmark Cross-Border Conversion to the Czech Republic
Kocián Šolc Balaštík provided comprehensive legal counsel to the PPF Group in connection with the cross-border conversion of its holding structure from the Netherlands to the Czech Republic. KŠB’s team, led by partner Jan Lasák, played a central role with structuring the reorganisation and preparing the key documentation.
KŠB ranked among the largest law firms in the Czech Republic by Forbes
Kocián Šolc Balaštík has been ranked among the largest law firms in the Czech Republic in the Forbes overview of leading legal practices, based on revenues over the past three years.
KŠB Ranked in Legal 500 2026
Following our success in last week’s Chambers Europe Guide, we are pleased to confirm our position among the leading law firms in the Czech Republic also in the Legal 500 2026 rankings published by Legal 500.
