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Simplification for Sole Traders and Czech POINT
The amendment to the Trade Licencing Act will probably come into force on 1 July 2008. Under this amendment, it will be easier to obtain a trade licence and need for contact between entrepreneurs and the authorities will be kept to a minimum.
Entrepreneurs will certainly welcome the possibility to submit required documents at any trade licencing office regardless of their place of residence or business. It will also be possible to submit documentation through public administration contact points called Czech POINT. Entrepreneurs will continue to have the obligation to report to trade licencing offices those facts that the trade licensing offices cannot obtain from public registers.
When a trade licence is obtained or changes are made to it, it is up to the trade licencing offices to send the extract from the register to the respective institutions (tax office, social security administration, health insurance company etc.), thereby saving entrepreneurs a lot of red tape.
Trade licences will continue to be documented only by an extract from the Trade Register. Such extract will list all licenses possessed by the respective entrepreneur. With regard to this change, the concept of a trade carried out at the industrial level no longer made sense and was cancelled.
A revolutionary change is the introduction of only one non-professional trade. To obtain such a licence, entrepreneurs need only fulfil general conditions for obtaining a trade licence and to announce the field in which they plan to do business.
The number of trades that require professional qualifications has been reduced and experience is no longer a requirement in certain cases. This will make it easier for new, especially young, entrepreneurs to enter the market.
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Stewarts
'No one has done as much for me as you,' Eva said.
Stewarts
"A visit to her daughter in London turned Eva's life upside down when she says she stepped into a crossing on a green light but was hit by a car. Despite her remarkable bravery, she faced a long treatment due to fractures in her pelvis, and the associated limitations and pain are likely to persist for the rest of her life. Regular headaches and impaired concentration compound her challenges.
Eva contacted us through an organization temporarily helping her manage her difficult living situation. At that time, she was destitute, relying only on subsistence payments. We were able to assist her because we specialize in personal injury and have contacts with proven colleagues abroad.
We worked with Stewarts, a UK law firm, on this case. Attorneys Klára Dvořáková and Rebecca Huxford helped Eva with the documentation in her case, explaining her options and the differences between the Czech and British systems of healthcare and social benefits reimbursement. Within a few months, thanks to the professional cooperation between the two offices, an offer of compensation from the insurance company of approximately CZK seven million was achieved. The client accepted this settlement because she did not want to deal with courts in the United Kingdom.
Subsequently, we assisted the client with related tax issues and contacted Auditone, a tax consultancy firm, which arranged for the filing of a tax return. Compensation for lost income is taxable, unlike most personal injury compensation.
'No one has done as much for me as you,' Eva said.
The fact that we were able to help Eva gives our work meaning and brings us great joy. We are very happy that, thanks to our many years of active involvement in the international professional organization PEOPIL, we can cooperate on such cases."
Livingstone, Tour Operator
Thank you again for your valuable advice. I breathe better when I know who to turn to.
Livingstone, Tour Operator
"Thank you again for your valuable advice. I breathe better when I know who to turn to."
Anders Thorsen Advokatanpartsselskab
It has been an absolute pleasure to work with you.
Anders Thorsen Advokatanpartsselskab
"It has been an absolute pleasure to work with you and your colleagues. Your advice and way of handling the matter and our communication has been of the highest quality and we are very happy with the outcome.
If any of my clients need assistance in matters in the Czech Republic in the future, I know who to recommend."