Tax in Czech Republic

Allen & Overy

Allen & Overy is singled out for its excellent tax practice handling an assortment of high-value transactional mandates and corporate restructuring matters for multinationals and private equity funds. Under the leadership of Michal Dušek and Radek Novotný, the team has experience handling large domestic and cross-border tax issues bolstered by its international network across the CEE region and beyond. Prokop Verner focuses on tax-related corporate transactions and insolvency work. Tax-related litigation and investigations also a feature in the workload.

Practice head(s):

Michal Dušek; Radek Novotný

Other key lawyers:

Prokop Verner

Key clients

EnBW and its subsidiary Pražská energetika

LABE WOOD

Alpha Corporation

JP Morgan Securities

Colfax Corporation

Work highlights

  • Advised EnBW and its subsidiary Pražská energetika as a bidder on the aspects of its contemplated acquisition of retail gas and electricity business of innogy Czech Republic.
  • Advised JP Morgan, Citi and Credit Suisse on the tax aspects of a unique loan and bond financing of Sazka Group.
  • Advised Labe Wood on the creation and potential subsequent abolition of a right to build from the perspective of a builder, which included corporate income tax and real estate transfer tax issues.

Baker & McKenzie s.r.o., advokátní kancelář

Baker & McKenzie s.r.o., advokátní kancelář is noted for its 'extraordinary skill' and covers a wide range of both domestic and international tax planning matters. Overseen by highly rated Eliška Komínková, the group covers contentious tax matters and European regulations work for multinational corporates and banking clients. Financial tax issues also feature in the workload and the group works closely with its corporate team, and wider European network. The team has been strengthened by the arrival of tax planning expert Jakub Vršeck.

Practice head(s):

Eliška Komínková

Other key lawyers:

Jakub Vršeck

Testimonials

‘We’ve cooperated with this prestigious law office for a long time. During the cooperation, we extremely appreciate the attitude of the lead lawyers and other lawyers to clients. We appreciate the willingness to solve clients’

‘We are very satisfied with the technical knowledge of all cooperating experts and the whole course of the existing cooperation.’

‘The team is reliable, loyal’

‘Tax practice at Baker is unique in combining the extraordinary skills depth with practical solutions. They are really friendly, which makes working with them a pleasure and adds something extra to very professional services. This makes the difference when comparing to other firms of similar size.’

‘Eliska Kominkova is an outstanding professional with dedication and very positive approach. She has proved her skills constantly and is a guarantee of high level services.’

‘Very good knowledge regarding Czech VAT regulations; openness; easy in communication; very good cooperation between BM and client; very helpful’

‘Always available; great knowledge; pro-active.’

Key clients

Baxter Group

Cogent Communications Czech Republic s.r.o.

DIASORIN SPA

General Dynamics

Illinois Tool Works

KSM Investment / Kofola

Laird Technologies Inc.

Mastercard

Moulins de Kleinbettingen

Sony Europe

Tesla International B.V.

Work highlights

  • Advising on the liquidation of ERB bank and its entire banking operation following the withdrawal of banking license of ERB bank by the Czech national regulator.
  • Advised Tesla on tax matters resulting from setting up an entity in the Czech Republic.

Kocián Šolc Balaštík

Kocián Šolc Balaštík is active across the full range of tax planning services, particularly those with a cross-border angle and is frequently active in large transactional mandates. Practice head Helena Navrátilová is the key name focusing on complex tax advisory for multinational corporations and banking clients. Co-head Jan Černohouz specialises in corporate tax matters and restructuring. The group also has a reputable tax litigation offering.

Practice head(s):

Helena Navrátilová; Jan Černohouz

Testimonials

‘Knowledgeable, quick response.’

Key clients

Rockaway Capital SE

REMA Systém a.s..

Ball Aerosol Packaging CZ

Česká televize (Czech television)

IHI Towers s.r.o.

YIT Stavo s.r.o.

Mattoni 1879, a.s.

O2 Czech Republic, a.s.

Quanta Human Resources CZ s.r.o.

Rockaway e-commerce, a.s.

Česká spořitelna, a.s.

IMMORENT PTC, s.r.o.

O2 Czech Republic a.s.

Avast Software s.r.o.

Work highlights

  • Advising on the  financing and shareholding restructuring of a group of companies, including bonds with fixed and variable interests.
  • Representing Krofian CZ spol in an appeal against an additional tax assessment issued by the tax authority.
  • Assisted Curacao, Luxembourg Sarl, Dutch BV with the transfer of a corporate entity from Curacao to Luxembourg and a cross-border merger into a Dutch holding company of four Czech subsidiaries.

Alfery

Alfery is highlighted for its 'high expertise and professionalism', and has considerable experience in international taxation matters, the tax aspects of M&A, and domestic tax advice. Jana Alfery oversees the practice alongside key partners Libuše Šoljaková and Josef Mašek who handle litigation before the courts and also undertake audits. At the associate level, Roman Pecháček specialises in procedural tax law.

Practice head(s):

Jana Alfery; Libuše Šoljaková; Josef Mašek

Other key lawyers:

Roman Pecháček

Testimonials

‘Long-term cooperation based on high expertise, professionalism and personal approach of consultants from the Alfery company.’

Clifford Chance

Clifford Chance has a reputable tax practice and is skilled in handling both domestic and international corporate tax matters, with particular expertise in major restructuring mandates. David Koláček leads the multidisciplinary group which is made up of counsel Petr Šebesta who is noted for his advisory work for multinational corporations on transactional matters and structured financing projects. The team is also experienced in tax litigation. Managing partner Alex Cook and Miloš Felgr are also involved in tax matters as part of their broader workloads.

Practice head(s):

David Koláček

Other key lawyers:

Petr Šebesta; Alex Cook; Miloš Felgr

Key clients

Sev.en Energy Goup

KKCG Group

LG International

TCCM

CPI Property Group

J & T Real Estate

KPMG Česká republika

Heimstaden Bostad AB

Pfizer

CBRE Global Investors

Goodman

Work highlights

  • Advised Heimstaden Bostad on the acquisition of the Residomo residential portfolio.
  • Advised CBRE Global Investors on the tax aspects of the €55m acquisition of the office building Praga Studios in Prague’s Karlín district.
  • Advised CTP Invest on the €1.9bn financing arranged and underwritten by a consortium of six leading banks.

Deloitte Legal s.r.o., advokátní kancelář

Deloitte Legal s.r.o., advokátní kancelář is active in the tax litigation space and covers compliance matters, corporate restructurings, and transactional work for clients. Jan Spáčil jointly heads the practice with Tomáš Babáček who handles tax proceedings before the courts as well as EU state aid matters. Jiřina Procházková is a key name for tax procedural law.

Practice head(s):

Jan Spáčil; Tomáš Babáček

Other key lawyers:

Jiřina Procházková

Testimonials

‘All people are competent and their service is excellent!’

‘The people are competent and their service is for me the key-value!’

‘Proactive approach, very fast reaction, contact to authorities, EU practice.’

‘From my point of view, unlike other legislation, I had a good feeling that my cases were being dealt with professionally, I was continuously and very carefully informed, and I felt that I did not have to follow the case yet and I could devote myself to Deloitte’s work.’

Key clients

Allianz pojišťovna, a.s. (Allianz Group)

Bammer Trade a.s. (PPF Group)

CarTec Ostrava s.r.o.

DENSO MANUFACTURING CZECH s.r.o.

FORMPLAST PURKERT s.r.o.

Fosfa a.s.

Janssen-Cilag s.r.o. (Janssen Group)

LOVATO Electric s.r.o.

ROBEX DK, s.r.o.

SPORTISIMO s.r.o.

Mavel, a.s.

Podravka – Lagris a.s.

CASPER UNION s.r.o.

Work highlights

  • Represented Bammer Trade, a member of the PPF Group, in tax and subsequent judicial proceedings concerning a major grant provided in the transportation sector in recent years.
  • Represented CarTec Ostrava  in a tax litigation dispute regarding a VAT deduction and achieved a ground-breaking decision of the Supreme Administrative Court.
  • Represented Casper Union in proceedings before the Supreme Administrative Court regarding the tax deductibility of receivables.

KempHoogstad

KempHoogstad's boutique tax practice is comprised of 'highly skilled individuals that have in-depth technical knowledge' and handle both the tax aspects of high-value transactions and tax compliance matters. Practice heads Bohdana Pražská and Filip Dostál advise on a plethora of taxation work for international clients across Europe. Veronika Rekova is noted for general day-to-day advisory work.

Practice head(s):

Bohdana Pražská; Filip Dostál

Other key lawyers:

Veronika Rekova

Testimonials

‘Great communication, reliable in solving issues, proposing solutions’

‘Great communication skills, willingness to explain.’

‘The team is a group of highly skilled individuals having in-depth technical knowledge as well as knowledge of market practice and local standards.’

‘Bohdana Prazska is a founding partner who is focused on delivering the best advice to her clients, for a reasonable price, and with practical outcomes. I have been working with Bohdana on various matters over the course of the past 20 years and always was satisfied with the quality of the work, price and deadlines.’

‘KempHoogstag, s.r.o. is very flexible; with strong expertise gained in magic firms; business-oriented; coming with practical solutions, and problem-solving.’

‘The company is very proactive, easy-going, business orientated.’

Key clients

Squire Patton Boggs

SAT Autosystemtechnik, s.r.o.

Time Air, s.r.o.

Air Hadida, s.r.o.

Air JFA, s.r.o.

HSTN Holding s.r.o.

LOGEX Solution Center s.r.o.

ITR Service Ltd

Nesemann & Grambeck

JŠK Law firm

Y & T Luxury Property Prague Czech Republic and other group companies

UNIC DSI executive s.r.o.

Davcor Group

European Musical Imports

ZSE Energia as.

Work highlights

  • Advised HSTN Holding on the tax due diligence of the purchase of a company with a real estate portfolio.
  • Advised a CEE law firm’s clients on various acquisitions and projects, including the acquisition of a Czech pharmaceutical company by a US company.

PRK Partners

PRK Partners' full-service tax team is singled out for its 'good all-round service and solid counsel' by clients and handles transactional tax advisory work. Practice heads Martin Švalbach and Jan Bürger are the key names in the group and are experienced in both Czech and Slovak law matters; the team works closely with the firm's Bratislava office in handling a steady stream of cross-border work. Clients include regional construction companies, private equity funds, and banks.

Practice head(s):

Jan Bürger; Martin Švalbach

Testimonials

‘We used the tax services for both corporate and private tax advise. Sound and fast counsel. Czech tax law is not always entirely clear, and in sometimes dependent on interpretation by the tax authorities. The good relations PRK apparently maintains with them helps in anticipating the most likely opinions of the tax office. Just good all-round service and solid counsel. ’

‘Well informed, efficient and practical. In my experience, very pleasant to work with. What can I say, I won’t be looking for another legal tax office.’

Key clients

RSJ Investments investiční společnost a.s.

SATPO management, s.r.o.

OHL ŽS, a.s.

AKCENTA CZ a.s.

COMMERZBANK Aktiengesellschaft, pobočka Praha

SG Equipment Finance Czech Republic s.r.o.

Sogecap (Societe General Group)

RSJ Securities a. s.

OGResearch, s.r.o.

Allimand SA

DH CENTRUM s.r.o.

TV Nova s.r.o.

Work highlights

  • Advising OHL ŽS on the legal and tax matters related to its cross-border merger with its daughter company in Slovakia.
  • Advising RSJ Investments investiční společnost a.s. on the tax implications of investments and disinvestments into various projects, and an investment fund with variable base capital.
  • Advised French designer; Allimand SA on Czech VAT, corporate income tax, and customs.

Weinhold Legal

Weinhold Legal provides a comprehensive tax service to clients. Daniel Weinhold leads the team and is able to handle tax litigation matters and the tax aspects of transactions for a range of Czech and multinational companies. Martin Lukáš specialises in tax-related disputes.

Practice head(s):

Daniel Weinhold

Other key lawyers:

Martin Lukáš

Bríza & Trubac

Bríza & Trubac is noted for its 'exceptional strategic thinking and outstanding communication skills', and handles an array of tax litigation matters before the administrative courts. Practice co-head Ondřej Trubač has over a decade of expertise and noted for procedural tax law and fellow co-head Tomas Hokr is the contact for high-value arbitration mandates. New partner Patrik Koželuha specialises in tax as it relates to criminal law.

Practice head(s):

Ondřej Trubač; Tomáš Hokr; Patrik Koželuha

Testimonials

‘Super fast and always to the point.’

‘Ondrej Trubac – tax law: top class.’

‘They work as a team! I like their business approach and the way they see the best advice in a particular situation.’

‘Ondrej Trubac – combination of law and tax as well as mix of academic and practical approach.’

‘Ondrej Trubac is a leading expert in the tax area with a very good reputation among his peers. ’

The founding partners of the company are experienced lawyers with many years of practice, and, at the same time, they have good theoretical knowledge. The other members of the team also demonstrated the same qualities.

‘The founding partners, Mr. Petr Briza and Mr. Ondrej Trubac, are very experienced, have exceptional strategic thinking and outstanding communication skills.

Key clients

Coca-Cola HBC Česko a Slovensko, s.r.o.

APOGEO, s.r.o.

Work highlights

  • Acted for Apogeo in administrative court proceedings and tax proceedings.

bnt attorneys-at-law

bnt attorneys-at-law is active in the tax transactional space where it acts for Czech and international clients. Practice head and specialist tax adviser Markéta Pravdová has experience of liquidation proceedings and has appeared before the authorities in a number of contentious mandates. Lenka Zachardová is the key name for auditing services and the contact for German-speaking clients.

Practice head(s):

Markéta Pravdova

Other key lawyers:

Lenka Zachardová

Work highlights

  • Pro bono legal and tax advice to Cesta Domů in the field of palliative care in Czechia.
  • Advising Scholz Recycling on Czech tax matters and cross-border tax issues.
  • Acting in all relevant tax matters related to a restructuring process for Dorotheum.

Dentons

Dentons is particularly sought out for high-value tax litigation matters by leading energy sector players. The group has a strong cross-practice approach and is experienced in contentious and non-contentious tax issues including restructuring and insolvency work. Team head Petr Kotáb advises on international taxation and Petr Zákoucký is the contact for high-stakes energy mandates.

Practice head(s):

Petr Kotáb

Other key lawyers:

Petr Zákoucký

Testimonials

‘The combination of legal, tax and accounting knowledge and experience under one roof.’

‘Petr Kotab provides a competitive edge and is well placed to render services in various complex legal/tax/accounting related matters. ’

Key clients

Orbis SA

Sev.en EC, a.s (Sev.en Energy Group)

Veolia Energie ČR, and Veolia Energie Kolín (Veolia Group)

Work highlights

  • Advised Orbis on the Czech aspects of separation of its real estate ownership activity from its service business, and on the subsequent sale of its service business to Accor hotel group.
  • Successfully represented Sev.en EC, Veolia Energie ČR, and Veolia Energie Kolín in the reimbursement of an illegally imposed gift tax onto emission allowances in the years 2011 and 2012.

KPMG in Czech Republic

KPMG in Czech Republic's multidisciplinary tax team is skilled in handling mid-market domestic and cross-border transactions and is noted for its litigation work. Managing partner Radek Halíček is the key name for advising private equity investors on tax-related issues and Petr Toman handles large tax planning matters for multinationals.

Practice head(s):

Radek Halíček

Other key lawyers:

Petr Toman

Key clients

MITSUBISHI ELECTRIC AUTOMOTIVE CZECH s.r.o.

TSR Czech Republic s.r.o.

Komerční banka, a.s.

Global Tungsten & Powders spol. s r.o.

ADM Olomouc s.r.o.

EP Energy Trading, a.s., EP Commodities, a.s.

BEMETT investiční, a.s.

GASTON, a.s.

PROWELL s.r.o.

Československá obchodní banka, a.s.

Generali CEE Holding B.V., organizační složka and Generali Group

Amundi Group

Wüstenrot – stavební spořitelna, a.s.

FOXCONN CZ s.r.o.

VITRABLOK, s.r.o.

AUFEER DESIGN, s.r.o.

Metrostav Development a.s.

CTP Group a.s.

Shell Italia Holding Spa.

Work highlights

  • Represented Global Tungsten & Powders spol in complex tax proceedings related to the VAT treatment of the purchase of supplies which also involved proceedings concerning an execution order.
  • Represented ADM Olomouc in several parallel tax and court proceedings related to input VAT deductions.
  • Represented EP Energy Trading in court proceedings in order to to obtain interest from the withheld VAT deduction.

PricewaterhouseCoopers Legal s.r.o., advokátní kancelář

PricewaterhouseCoopers Legal s.r.o., advokátní kancelář's tax team works from the firm's offices in both Prague and Brno, and has a focus on litigation matters pertaining to transfer pricing and tax deductibility issues for a range of domestic clients. Radek Buršík is experienced in commercial dispute resolution matters and has a specialism in criminal tax law.

Practice head(s):

Radek Buršík

ROWAN LEGAL

ROWAN LEGAL's 'excellent' tax team handles domestic and cross-border tax transactions and corporate financing work for a myriad of banking clients. The group ha notable sector strength in the energy and transportation space, and is led by Ondřej Křížek who has experience in advising on the tax aspects of mid-sized acquisition projects. Martin Šubrt is the contact for post-merger-related tax issues.

Practice head(s):

Ondřej Křížek

Other key lawyers:

Martin Šubrt 

Testimonials

‘Strong knowledge, high experience, flexibility, big team = enough capacity even for difficult cases, complex services including law, tax and related themes.’

‘Excellent, very responsive and reliable team.’

Key clients

CENTRAL EUROPE INDUSTRY PARTNERS

Severočeská vodárenská společnost

ŠKODA AUTO DIGILAB

EP INDUSTRIES

ELCOM

Dastit management

JIHLAVAN, a.s.

Work highlights

  • Advised Central Europe Industry Partners (CEIP) on the acquisition of several companies operating in the field of engineering.
  • Advising Škoda Auto Digilab on corporate and tax matters.
  • Advising EP Industries on a transaction concerning a group of companies operating in the waste management industry.

White & Case, s.r.o., advokátní kancelář

At White & Case, s.r.o., advokátní kancelář, the tax practice is skilled in Czech corporate taxation and cross-border matters, areas led by counsel Jan Pařík. The team advises leading banks and investment funds on the tax-related aspects of transactions. Experienced associate Milan Horák handles income tax matters and is a core member of the group.