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Kocian Solc Balastik  

Legal Services | Czech Republic

tel: +420 224 103 316 | fax: +420 224 103 234
Jungmannova 24 | Prague | Czech Republic

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Pavel Dejl

Pavel DejlPartner

  • Arbitration / Mediation
  • Commercial Litigation

Petr Kasik

Petr KasikPartner

  • Banking
  • Capital Markets

Petra Mirovska

Petra MirovskaLawyer

  • Antitrust and Unfair Competition
  • Arbitration / Mediation

Martin Stefko

Martin StefkoLawyer

  • Employment and Labor

Jan Cernohouz

Jan CernohouzCounsel

  • Taxation

Helena Navratilova

Helena NavratilovaPartner

  • Taxation

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Covid Programme - Commercial Rent Relief
Kocian Solc Balastik, June 2020

The state contribution for commercial rents to entrepreneurs with forcibly closed establishments is gaining more concrete outlines. If an entrepreneur negotiates a 30% discount on rent from his landlord, he will be able to apply for state support in the amount of 50% up to a ceiling of CZK 10 million for the period from April to June. However, the program has yet to be notified to the European Commission before it can be launched. At its meeting on 18 May 2020, the Government adopted Resolution No...

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“Antivirus Programme” - An Instrument of Financial Assistance for Employers - New Forms of Support and Extended Deadlines (Update 03)
Kocian Solc Balastik, June 2020

Category B has been extended until the end of August 2020 and the government has approved a new form of support – Category C!   Are you considering how to maintain employment of your employees and minimize economic losses? Take a look at what financial instruments the state has prepared for entrepreneurs whose employees have been affected, directly or indirectly, by government measures taken to combat coronavirus. Under the Antivirus program, the Ministry of Labour and Social Affairs (MLSA) has prepared several types of compensation for employers, depending on the different situations in which they may find themselves...

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Covid III Loan Programme for SMEs and Self Employed Entrepreneurs
Kocian Solc Balastik, June 2020

Covid III is starting and you need to act fast! At its meeting on 18 May 2020, the Government approved by Resolution No. 553 the Covid III guarantee program for self-employed persons and companies employing up to 500 employees. Immediately afterwards, the websites of Ceskomoravská zárucní a rozvojová banka, a.s. ("CMZRB") published the conditions of the program. Entrepreneurs can already start loan negotiations with a commercial bank involved in the program. According to the experience of previous Covid programs, it is necessary to act quickly...

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Lex Voucher for Culture - An Alternative to Refunds for Cancelled Cultural Events
Kocian Solc Balastik, June 2020

On 19 May 2020, an Act On certain measures to mitigate the effects of the coronavirus epidemic known as SARS CoV-2 on cultural events (Act No 247/2020 Coll, the “Act” ), entered into force. Not only for the field of tourism, but also for the field of culture, the possibility of the organizer to issue a voucher for a cultural event instead of refunding the entrance ticket fee was introduced. On March 10, 2020, an extraordinary measure of the Ministry of Health imposed a ban on organizing cultural events with the participation of more than 100 people...

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Compensation Bonus for Certain Shareholders in Limited Liability Companies - Covid-19
Kocian Solc Balastik, May 2020

On Monday, 4 May 2020, the government submitted an amendment to the Compensation Bonus Act to the Chamber of Deputies. The amendment should support, in addition to self-employed individuals (sole proprietors), certain shareholders in limited liability companies. This article provides details on the requirements, forms of application, and the amount of compensation. On Monday, 4 May 2020, the government decided to offer a compensation bonus to help support certain shareholders in limited liability companies whose operations have been adversely by the spread of COVID-19...

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