In the year 2000, my partners and I launched the PETERKA & PARTNERS law firm in Prague, Czech Republic. Over time we developed an ambitious idea - to create an integrated regional law firm, which at first seemed almost impossible. However, after years of dedication and hard work, we became a strong alternative to the global giants and local law firms active in the CEE region through their networks or best friends.
On 24 April 2020, Presidential Decree № 143 "On supporting the economy" was adopted. In accordance with this Decree, the government will provide several packages of support measures to businesses in the most affected sectors of the economy such as industry, production of textiles, wholesale and retail trade, air transport services, fitness centres, beauty salons, restaurants, bars, travel agencies, etc.
The support measures include:
1. Local authorities have the right to provide companies in the affected areas with tax holidays from 1 April 2020 to 30 September 2020. The Decree stipulates such forms of tax payments as instalments, deferred payment and tax credit. Then, all payments will be paid monthly in equal parts from 1 October 2020 to 31 December 2020.
2. Moratorium on increasing the base rent unit and rental fee.
3. Reducing the minimum period (1 day) for written notification of employees about changes to essential working conditions (except for a change in salary – 1 month) due to the pandemic situation
4. Decree № 143 stipulates the possibility of purchasing goods (works, services) of a daily (weekly) need through the public procurement procedure from a single source, including in the case of termination of a public procurement contract with a previous supplier.
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This document reflect the status as of April 30, 2020. It is for informational purposes only and may not be considered a legal opinion or advice.