COVID Prague – what’s new in support in the form of guarantees

We are presenting new information on support to small and medium-sized business in Prague as well as on COVID Plus and COVID III guarantees.

Extending compensation bonus period for the self-employed

The government has agreed on a bill extending the period for which self-employed persons may draw a compensation bonus in connection with the emergency measures. The bill still has to be passed by parliament and signed by the president.

What’s new in COVID-19 subsidy programmes

We are presenting new information on grant programmes aiming to support activities connected with fighting COVID-19.

Personal data processing during a pandemic – the Office for Personal Data Protection’s perspective

During a declared state of emergency, there is always the danger that public authorities may excessively infringe on citizens’ rights and freedoms – and this also applies to the protection of their personal data. The Office for Personal Data…

Deadline for VAT refund only extended from next year?

On 21 April 2020 the government approved a bill on the administration of tax deductions, which should ensure that excess deductions of VAT shall be refunded to VAT payers within the currently valid 30-day deadline. The bill intends to suspend the…

Government okays increase in carer’s allowance

On 17 April 2020, the government passed a proposal for a temporary increase in carer’s allowance from the present 60% to 80% of the daily assessment base.

Applying for support under the Antivirus programme – practical experience

The Ministry of Labour and Social Affairs has launched the Antivirus programme through which employers may apply for a contribution for wage compensations paid to their employees. Applications can be submitted remotely through the Czech Labour…

Rent payments in pandemic times II – tax implications

The governmental bill on certain measures to mitigate the effect of the SARS-CoV-2 pandemic aims to protect lessees of commercial premises that are in default with rental payments. The bill may have a negative impact on lessors’ cash flows, due to…

What’s new in support for businesses affected by COVID -19

Below we summarise the most recent information about subsidies and loan guarantees.

Rent payments in pandemic times I

The effects of the coronavirus pandemic are being felt by many lessees who use leased premises for commercial purposes. A governmental bill on certain measures to mitigate the effect of the SARS-CoV-2 pandemic, passed by the chamber of deputies,…

Approval of financial statements of joint-stock companies and limited liability companies during the pandemic

Under the current circumstances, when the right to assemble has been restricted due to the spread of COVID-19, it remains to be discussed how corporations should fulfil their corporate duties, especially in connection with holding general meetings.…

European Commission’s steps to fight coronavirus repercussions

Below we summarise certain steps adopted by the European Commission to fight the spread of COVID-19, primarily focusing on providing economic (material) assistance and loosening some regulations.