Business in the process of change: Opportunity in a world full of waiting
InsightIn the first of a new Grant Thornton series on current international business trends, we explore how the changing economic environment can offer growth...
November 4, 20162 min read

On 1st November, that is one month before it is introduced officially, a trial run of electronic record of sales (e-sales, Czech abbreviation: EET) was launched. Entrepreneurs can voluntarily use the program and try out how the system works and if the exchange of data with the Financial Administration is running smoothly. Unfortunately only few entrepreneurs have shown interest so far. In fact, some have not ever registered in the EET yet (only half of those for whom EET is going to be mandatory from December have picked up the registration data) or they have not bought the machine yet (acquired by approximately only a fifth of the hoteliers and restaurant owners).There are about 30 thousand gastronomic institutions and the current estimate is that 30-35 % of them have not started to deal with EET and the obligations it brings. There is also a possibility to insure one’s business against the possible risks of introduction of EET.
In the first of a new Grant Thornton series on current international business trends, we explore how the changing economic environment can offer growth...
In the first of a new Grant Thornton series on trending international insights, we examine the wider impact of tariffs on the mid-market. The dip in market...
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Prolongation of deadlines for the notification requirement for cross-border arrangements
On 9 October 2019, and amendment of act no. 112/2016 Coll., on the use of electronic cash registers, promulgated under number 256/2019 Coll. was published in...
In May 2020 the amendment to the Act on Electronic Records of Sales comes into effect. It concerns entrepreneurs who belong to the 3 rd and 4 th phases. That...
The SAC issued a ruling on February 7 th , 2019 by which it denied the complaining party’s appeal in cassation.