Corporate Tax

Corporate Tax

Real estate and construction is considered to be one of the important indicators of the economy. Housing construction has greatly revived in last years and there are efforts to modernize industrial, commercial and administrative buildings, particularly in the form of “smart buildings”.

We work with owner managed businesses as well as with big international companies, including major contractors, builders, property investors, developers, real estate consultants, demolition and construction firms. Our specialist team has extensive experience and knowledge of the sector and the service we provide adds real value to clients.

 

Key contacts

Tax

• corporate income tax: our dedicated CIT team has a wealth of experience in this sector particularly regarding structuring of interest deduction from financing and deductibility upon sale of assets or during lifespan of the real estate transaction.

 

• value added tax: we are prepared to structure VAT so that maximum input VAT is claimed and negative tax consequences especially on termination of lease are mitigated.

Advisory

• due diligence: our tailored due diligence services help prospective purchasers of property investment companies assess the underlying business or asset purchases and validate the key financial assertions on which the proposed acquisition is to be based

 

• valuation/appraisal: we have experience with the valuation of production facilities and large shopping centres and our services include both market valuation and valuation for tax purposes

 

• accounting outsourcing: we can help you free up valuable resource and reduce costs by taking care of your bookkeeping, preparation of annual financial statements, preparation of management reports, budget forecasting, etc.

Assurance

• statutory audit: we consistently seek to use all our audit findings to aid the client in optimizing the return on their endeavour – we want to be your partner in business.

 

• forensic audit: we provide a thorough investigation and a clear and concise presentation of facts to determine the matters at issue.

 

• litigation support: we can assist with loss claims, provide an objective evaluation of evidence, focus on core issues, and report on it accurately

References

High-end fashion and retail street building in Prague – we assisted our client with all steps related to the merger (due diligence, structuring, etc., we also provided accounting services and reporting until the selling of company and related due diligence

 

Vinohrady residential houses – we assisted with setting up the the group policies and invoicing, VAT and other issues and with the selling of residential building to investors together with the related due diligence

 

Shopping centres – we provide general tax advisory, corporate income tax returns services, transaction advisory to an international group, which builds and manages more than 20 shopping centres in the Czech Republic

 

Pařížská rent – in order to minimize our clients risks we assessed the rental contract from the tax point of view
• Warehouses – we supported Sklady Hodonín with management buy in, restructuring of the group, spin-off with subsequent merger and valuation