Employers in the Czechia are benefiting from a simplification of workforce reporting obligations, as authorities have consolidated employee registration and de-registration processes into a single monthly notification system. All workforce changes – covering Czechs, EU citizens, and third-country nationals – are now reported through one unified submission, replacing a fragmented system of around 25 separate forms previously required for individual employee reporting.
“For years, Czech employers were doing unnecessary paperwork by duplicate or sometimes fourfold reporting,” bpv Braun Partners’ Markéta Kleinová tells GML. “The same data regarding an employee’s commencement of work had to reach the Social Security Administration, health insurance companies, and the Tax Office in various formats.”
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The long prepared and hotly debated law was passed a few days ago by the Lower chamber in its third reading without opposition and will most likely come into force on 1 July 2023.
bpv BRAUN PARTNERS advised its client, IMMOFINANZ, on the acquisition of 53 retail properties from CPI Property Group (CPIPG).
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