The Parliament approved subsidies for rent
The Slovak Parliament approved on 9 June 2020 an amendment to the Act No. 71/2013 Coll. on granting subsidies by the Slovak Ministry of Economy as amended (the „Amendment“). The Amendment represents one of additional measures taken to reduce the…
7 frequently asked questions in connection with measures in the area of employment and labor law
The Slovak government regularly adopts measures in the area of employment and labor law with the aim to mitigate negative impacts of the extraordinary situation caused by COVID-19. Please find below seven most frequently asked questions that our…
Coronacrisis raises tax and social security issues with cross-border employment
OECD, European Commission as well as respective states continuously provide new information how to deal with tax and social security issues arising due to COVID-19 restrictions. A common attitude is that temporary changes due to the pandemic…
EU: Customs duties and VAT waived, imported medical equipment (COVID-19)
The European Commission approved temporarily waive of customs duties and VAT on the import of masks and protective equipment, testing kits and medical devices such as ventilators from the third countries.
Parliament approved extraordinary measures in the financial area
In connection with the coronavirus (COVID-19) the Slovak Parliament approved several measures in the financial area. These measures are related to tax, customs duties, accounting and the financial market.
10 current questions about the impact of VAT on business cash flow
In view of the current situation and the spread of COVID-19, businesses are now more than in the past concerned about the impacts of VAT on business cash flow, focusing mainly on the proposed measures related to the possibility to defer tax payment…
Government approved a first draft bill to implement the announced changes in the judiciary, insolvency law and the prolongation of statutes of limitations
Yesterday, the Government approved further legislative measures aimed to prevent the spread of the coronavirus disease (COVID-19) and reduce its impact on the businesses. In addition to measures aimed to prevent the spread of the disease and…
Basic measures to prepare your business on the impact of coronavirus (COVID-19)
How coronavirus (COVID-19) infection will further develop and its impact on the economy are currently very difficult to predict. Therefore, we prepared a brief overview of what you should focus on to keep your employees protected and minimize the…