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Cafeteria changes from 2019 in Hungary | News Flash

16 Nov 2018

It is getting usual at the end of the year that companies must do a check-up and review their internal policies because of the changes in the rules of benefits in kind in Hungary. The check-up and review will be necessary this year as well because companies must prepare for the upcoming significant changes in

Andrea Pistl-Andrášová and her “City” exhibition | Office Gallery

6 Nov 2018

Currently in the premises of our Slovak branch office we have another colourful exhibition called “City” from the Slovak painter, Andrea Pistl – Andrášová. The eighth exhibition in our premises within the Office Gallery project is dedicated to the work of the Slovak artist who is said to love life and the world within. The

Accounting specialties for startups | News Flash

2 Nov 2018

Startup, or early stage enterprise based on the Hungarian legislation, usually means a newly founded company with high growth potential. The common feature of these companies is that they can grow rapidly in a relatively short period of time with some innovation, which requires initial capital. It is also an important feature of the so-called

Transfer of personal data abroad | News Flash

2 Nov 2018

Download PDF Transferring personal data abroad is happening very often in today’s globalized world, concerning a considerable amount of companies running their business internationally. This phenomenon is fostered by dynamic development of modern technologies, which allow companies to share their data throughout its group in real time without additional costs. Virtually all branches of multinational enterprises

Main statements and payments due in November 2018

1 Nov 2018

Be aware of all the important tax-related deadlines before you start with any tax-filing this month. Our 2018 Tax Calendar for CEE can also be downloaded as a Month-by-Month Calendar in a more convenient format from here. Sign up for a monthly "tax reminder" by subscribing to our newsletter below! Set your Tax Alert now!Czech Republic November

Amendments to Slovak VAT law from 1 January 2019 approved by government | News Flash

22 Oct 2018

Download PDF On September 26, 2018, the government discussed and approved a draft of a law which significantly amends the VAT law. The changes are proposed to become effective as from 1 January 2019. The draft law will be further discussed by the parliament. Subsequently, we will inform you about the final outcome. To become

Intensified inspections of illegal employment in the Czech Republic | News Flash

22 Oct 2018

The representatives of the Ministry of Labor and Social Affairs of the Czech Republic, The State Labor Inspection (SÚIP) and the Police of the Czech Republic have agreed to intensify inspections focused on illegal employment. This is due to an increasing number of illegal workers in the Czech Republic. The number of fines imposed for

Accounting to do list on the exchange of HUF to another currency

22 Oct 2018

Find a short summary below on what to do when a business decides to conduct its books in another currency, instead of HUF. The first, and most important step to take, is that the company’s shareholders decide on the currency change with a shareholder resolution. The fact of the change of the currency than shall

Registration of the ultimate beneficial owners in the Czech Republic | News Flash

22 Oct 2018

Download PDF With effect from January 1, 2018, the Register of ultimate beneficial owners of the legal entities was established in the Czech Republic (hereinafter the "UBO Register"). The UBO register was implemented by the amendment to the Anti Money Laundry Act and the business corporations and cooperatives are obliged to register their ultimate beneficial

New amendments to the Fiscal Code in Romania | News Flash

22 Oct 2018

The Emergency Ordinance no. 89/2018 regarding some fiscal-budgetary measures and for amending and completing some normative acts was published on October 9, 2018 in Romania. Changes were made on a number of issues, including income tax and value-added tax.

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