VAT news [May 2026]
The Court of Justice of the European Union issued several noteworthy decisions in the area of VAT. In one case concerning transfer pricing, it addressed the tax treatment of adjustments resulting from subsequen…
First calls under the National Recovery Plan
The Ministry of Industry and Trade is preparing the first calls from the National Recovery Plan (NRP), which are expected to be announced during February. The NRP aims to revitalise the economy through subsidies and help address the economic and social impacts of the coronavirus pandemic. Other objectives of the NRP include assisting with the implementation of green and digital transformation, enhancing productivity and achieving sustainability. To finance the green projects, the Ministry of Industry and Trade of the Czech Republic plans to release funds for the calls listed in the table below.
Take a look at other topics that we address in our EnviLaw newsletter #8:
- Essential Review of the Forest and Soil Protection Legislation is Getting Sharp Outline
- The European Union assesses changes and progress in the implementation of energy policies
- The EU Wants to Support Green Transport with Focus on Railways
- The European Central Bank will focus its 2022 bank stress tests on climate risks
- COP26 Fails to Achieve Fundamental Goals
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In total, approximately CZK 180 billion in the form of subsidies will be distributed to businesses and entrepreneurs from the NRP.
The subsidy is primarily aimed at SMEs and large mid-cap enterprises (up to 3,000 employees) without regional restrictions, i.e. in the whole Czech Republic. Applications will be submitted via the MS2014+ app. According to the type of the call, the application must include, among other things, financial statements for the last two accounting periods, a registration of the beneficial owner, proof of the property relation to the place of implementation, a business plan, a comprehensive budget, or indicative proposals.
The project itself must be implemented within the prescribed period, with the expected implementation occurring between 2022 and 2023. Subsequently, the so-called sustainability phase will follow, which lasts 3–5 years, depending on the enterprise size.
More detailed information on individual calls is shown below:
