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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bpv BRAUN PARTNERS advised the CREDITAS Group on the acquisition of a 100% stake in the British energy group InterGen. The sale was completed in these last few days of January and was subject to the usual regulatory approvals.
Draft implementing legislation has been published in the e-library of forthcoming legislation for government action. Namely, the following drafts have been published:
Last weekend, our Slovak office hosted again our bpv Academy, focusing this year on Mergers & Acquisitions.