New GBER public aid rules in force since July
At the end of June, the European Commission officially issued an amendment to the GBER, aiming to simplify and streamline the provision of aid for the EU's green and digital transition. Below, we summarise the most important changes.
Draft amendment to Investment Incentives Act to be discussed by government
In March, the government will discuss the long-prepared and debated amendment to the Investment Incentives Act including the relevant decree. We consider the main reasons for the upcoming…
Investment incentives to increase in some regions, decrease in others
In November, the government approved two decrees that will affect investment incentives provided in the Czech Republic. In a large part of the Czech Republic, the conditions will be more…
New EU rules on state aid
At the end of April, the European Commission adopted new rules on regional aid to enter into effect on 1 January 2022. The new rules bring significant changes, in particular for applicants for investment
Investment incentives: Possibility to extend the deadline for meeting general terms and conditions to up to five years
In record time, the chamber of deputies and the senate have passed a draft government amendment to the Act on Investment Incentives allowing support recipients affected by the coronavirus…
Landmark case-law: softer penalties for transfer prices incorrectly set by companies receiving investment incentives
The Supreme Administrative Court (SAC) has issued a ground-breaking judgment for companies drawing investment incentives under older schemes. The court confirmed that the failure to meet…
First change to new investment incentive criteria
In response to the coronavirus pandemic, the Ministry of Industry and Trade has submitted an amendment to the Government Decree on Investment Incentives aiming to provide more substantial…
‘Keeping of assets’ for investment incentive purposes – to own, or not to own?
The Supreme Administrative Court (SAC) held that to prove compliance with the condition of ‘keeping the assets’, it should suffice that the investment incentives recipients prove that the…