In summer 2019, the National Council of the Slovak Republic approved several significant changes in the income tax with effectiveness as of 1 January 2020. Inter alia, the changes bring new measures for SMEs, the assessment of electric cars and rules to implement the Council Directive (EU) 2017/952 as regards hybrid mismatches (ATAD 2).
Check out our overview of the regulatory framework related to the incorporation procedures in Russia and the nature of the selected forms of legal presence. Among the most common legal forms belongs the legal entity incorporated by a foreign entity or individuals, representative office or a branch.
Our study explores how local legislations treat general terms and regulations related to days off work, such as the entitlement to minimum paid annual leave, public holidays, parental and health-related absence as well as vacation allowances and compensation – including a comparison of 10 European countries.
1 January 2020 will bring almost revolutionary changes to the system of processing sick leaves and sickness benefits due to the digitalization of the reporting of employees’ sick leaves in the Czech Republic. The current paper-based sick note will be replaced by its electronic version, an “e-sick note”, which will move the sharing of data between doctors, employers and the Czech Social Security Administration online.
Find out more about about entering Slovak market from our: “2019 Company Formation in Slovakia (PDF)”.