Government measures in key jurisdictions 3rd edition final - Flipbook - Page 41
Czech Republic
Property
Have any changes
been made to
the laws around
property, rent and
enforcement?
Litigation
•
Tenants (both, commercial and residential) have been temporarily protected from
eviction for non-payment.
•
Payment of rent by the affected businesses and individuals can be deferred. State to pay up to
50% of rent for closed business premises for the period from 13 March to 30 June, provided that
the landlord discounts 30% of the rent and the tenant will pay remaining 20%.
•
Missing of certain procedural deadlines could now be waived, if caused by Covid-19.
Are the courts
operating?
Tax
•
Deadlines for most tax filings have been deferred.
Has any new
legislation been
introduced in light of
Covid-19?
•
Some tax deposits, which are paid on a regular basis during the year, were waived (but the
annual tax would still have to be paid in the full amount).
•
Any tax loss from 2020 can be extraordinarily applied against income from previous years – and
the resulting tax overpayments claimed.
•
No new tax imposed and the government even indicated that it would not consider any new
taxes or increase of the existing taxes. Some land-related taxes are relaxed.
•
Some social and health security payments have been waived and other deferred.
•
Tax on the acquisition of real estate should be abolished.
•
General meetings can be held remotely by all companies.
•
Deadlines for approvals of accounts are extended based on individual circumstances up until 31
December 2020.
•
Expiry of directors’ appointments is extended for the duration of restrictive
government measures and for three months following their relaxation.
Company
law matters
Have any measures
been put in place to
accommodate social
distancing (such as
remote general
meetings)?
Government measures in key jurisdictions
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