Newsletter
COVID 19 Anti-crisis shield project — proposals regarding labor law
30.03.2020 | The draft Act on Special Measures Aimed at Prevention and Control of COVID-19, Other Infectious Diseases and the Resulting Crisis Situations (the “Crisis Shield Act”) provides for a range of job retention measures in the wake of the COVID-19 outbreak. The following two support mechanisms will be of special importance. more»
Newsletter No. 02/2020
02.03.2020 | From the beginning of this year, the Act on payment deadlines in commercial transactions has undergone fundamental changes. The name of the Act, currently being the “Act on counteracting excessive delays in commercial transactions”, clearly shows that the amendments aim at cutting down on payment backlogs and improving the financial liquidity of businesses. more»
Special News – tax changes in 2020
13.01.2020 | 1. New rules for issuing an invoice on the basis of a receipt - Starting from the new year, in the case of a sale documented by a receipt, the vendor can only issue an invoice to the acquirer if the underlying receipt features the acquirer’s taxpayer identification number (NIP). If a sale is documented by a receipt, the vendor is required to issue an invoice to the acquirer upon request. more»
Newsletter No. 10/2019
29.10.2019 | Central Register of Real Beneficiaries not accessible to foreigners - On October 13 this year, the Central Registry of Real Beneficiaries was created, which we wrote about in more detail in our legal alert. During the register’s first days of operation, several problems came to light that may be troublesome for foreigners. more»
Newsletter No. 08/2019
30.08.2019 | Tax liability of management board members
According to the latest opinion given by the Supreme Administrative Court in its ruling of May 14 this year, reference number II FSK 1832/17, a member of a management board may be held liable for the tax liability of a company, even if that person is not listed as a member in the National Court Register. more»
Newsletter No. 07/2019
30.07.2019 | On July 12 this year the Public Documents Act came into force. Initially it was perceived as a set of regulations aimed at counteracting the practice of businesses scanning ID cards. This reaction was triggered by the provision that "whoever produces, offers, disposes of or stores a copy of a public document for sale is subject to a fine or imprisonment of up to 2 years." more»