In March 2021, the EU approved new reporting rules in a directive known as DAC7. The directive will require the operators of online platforms for the sale of goods and certain services, to collect, verify and share data on their sellers and their transactions concluded on the online platform. EU member states have until 31 December 2022 to implement DAC7 into national law. Certain platform operators will become a reporting platform and will need to start collecting and verifying data points in compliance with the DAC7 reporting requirements. The collected data points must be reported to the tax authorities of the relevant EU member state annually.
From 9 July 2021, employers and employees will have certain obligations in connection with a return to the workplace following travel abroad. Below is a summary of these obligations.
In brief On 1 June 2021, Act No. 37/2021 Sb., on Registration of Ultimate Beneficial Owners (“Act”), will…
The Czech government has extended the obligatory testing of employees to employers employing between 10 and 49 employees. Please find below answers to the most common questions related to the testing.
The epidemiologic situation has led the Czech Government to order a lockdown for three weeks, from 1 to 21 March 2021. Below is a summary of measures that have an impact on employment relationships.
The Czech government has implemented obligatory testing of employees. Please find the details below.
In brief In relation to the adaptation of Regulation (EU) 2017/745 of the European Parliament and of the Council of 5 April 2017 on medical devices, amending Directive 2001/83/EC, Regulation (EC) No 178/2002 and Regulation (EC) No 1223/2009 and repealing Council Directives 90/385/EEC and 93/42/EEC (MDR) the Czech government has…
The pandemic has impacted our lives in many ways, but for many of us, one of the most…
The Czech parliament is adopting a new regulation with respect to the registration of ultimate beneficial owners (i.e. persons with ultimate decisive influence on or with ultimate economic benefit from the company) (“UBO”). Although the obligation of companies to register their UBOs has already existed for some time under the Czech regulatory regime, it has shown to be insufficient in practice as the absence of any penalties or sanctions has led to the vast majority of business corporations still neglecting this obligation to register their UBOs.
The new regulation will maintain the obligation to evidence the UBO in the register, but it will also impose a variety of sanctions on companies not compliant with the new UBO regime. We expect such changes to be adopted in the next few months.
Please find below a summary of measures adopted by the Czech government in order to prevent the spread of the COVID-19 in the Czech Republic, with effect from 22nd October 2020.