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News

05

Jun

2019 Tax Packet: Part 1

In March 2019, the so-called “tax packet” was adopted, amending ten (mainly) tax laws. A substantial part of the tax packet became effective 1 April 2019; however, some changes will become effective…

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09

Apr

Amendment of business corporations act

Five years have passed since Business Corporations Act came to effect, Act that has replaced Commercial Code and newly governs internal legal relations within Companies. After initial sprint to submit companies under newly…

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09

Apr

Amendment to the Labor Code

With effectiveness of 1st July 1, 2019 the employees will receive wage compensation even during the first three days in case they are temporarily unfit to work. The amount of wage compensation…

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16

Apr

VGD News April 2018

1 Transfer pricing Transfer price is price applied on transactions between two economically or personally related parties. Transactions between related entities in case of local or even multinational companies affect profits and…

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14

Feb

VGD News February 2018

Stages 3 and 4 of Electronic Records of Sales Stages 3 and 4 of Electronic Records of Sales The Constitutional Court in Brno has deferred the effective dates of stages 3 and 4…

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12

Feb

New acquisition by VGD

Dear Business Partners, We are proud and excited to announce that VGD has acquired MIVO s.r.o., an accounting and tax advisory company located in Prague. MIVO s.r.o. became a part…

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24

Jan

Electronic register of beneficial owners

Effective 1 January 2018 a register of beneficial owners was introduced under Act No. 304/2013 Sb. providing for public registers of legal entities, natural persons and trusts, as amended as at 1 January…

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09

Jan

Changes in real estate transfer tax

On 24 November 2017, the tax authority published information which changes its tax administration practice. In its Decision of 28 June 2017 (Ref. No. 4 Afs 88/2017 – 35), and in its Decision…

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11

Oct

Country-by-Country Reporting is approaching

The Chamber of Deputies of the Czech Republic has passed the amendment of the Act on International Cooperation which includes the so-called “Country-by-Country Reporting”. The amendment of law stipulates that multinational companies (MNCs) who…

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Our vision

We provide our customers with professional services, thoroughness included. When it comes to advisory, we strive to offer guidance, that we would ourselves find satisfactory for a renowned partner.

VGD Group

We are an international company providing services in the areas of audit, tax, accounting, payroll and business consulting.

Nexia International

VGD is an active member of the prestigious NEXIA worldwide network. This allows us to provide our professional services worldwide.

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