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Deadline for approval of the financial statements for 2013 is approaching – Czech Republic | Legal Alert

25 Jun 2014

Deadline for approval of the financial statements for 2013 is approachingThe financial statements for the respective accounting period, i.e. for the year 2013, shall be submitted to the competent body of the company (usually the general meeting) in order to be approved by it within the period of 6 months following the end of the accounting period. The approved financial statements shall be submitted to the Collection of Deeds without undue delay.

If the competent body of the company does not approve the financial statements within the stated period, such non-approved financial statements shall be submitted to the Collection of Deeds at the end of the year following the end of the accounting period at the latest.

If the company fails to meet the above mentioned statutory duty, the relevant State Authority is entitled to punish such company and impose a fine up to the amount of CZK 100,000 or up to 3% of the asset value in total.

We would be pleased to prepare for you all documents required for the approval of the financial statements as well as to provide their submission to the Collection of Deeds of the respective Registration Court.

If you are interested in our services or if you like to be provided with more details, please contact our responsible person.

 

Download – Deadline for approval of the financial statements for 2013 is approaching – Czech Republic (Legal Alert)

 

Contact
Nela Tisoňová
Corporate Lawyer
nela.tisonova@accace.com
 

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About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

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