Tax 

Announcement of New Public Tenders to Support Applied Research and Innovation of the Technology Agency of the Czech Republic

In May, the Technology Agency of the Czech Republic announced a new call focused on support of applied research and experimental development and innovations DELTA 2.

DELTA 2 aims at providing support to the projects of international cooperation of Czech companies and research organisations with organisations from abroad in order to increase the amount of specific results of applied research, which are expected to be put into practice. One of the partners has to come from a country where the foreign partner agency is based (specifically Brazil, the Republic of Korea, the Socialist Republic of Viet Nam, the State of Israel, the People’s Republic of China – provinces Jiangsu and Zhejiang, Taiwan, Canada – provinces Alberta and Quebec).

A necessary requirement for the project is to achieve a specific result, such as prototype, functional sample, software, patent, design or utility model, etc.

Who can request the grant:

  • Companies can act as candidates in the public tender, whereas research organisations are allowed to act as another participant only.

What the grant can be used for:

  • Personal expenses and scholarships
  • Subcontracting expenses
  • Other direct expenses
  • Indirect expenses

Grant amount per project:

  • Maximum amount of aid per project is unlimited.

Aid intensity per project:

  • Maximum level of aid per project amounts to 74% of total eligible costs.

 Tender period:

  • 14 May 2020 – 15 July 2020
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Tax 

Tax package: changes in tax depreciation / amortisation charges from 1 January 2021

The tax package, or, more precisely, Act No. 609/2020 Coll., was published in the Collection of Laws of the Czech Republic on 31 December 2020, coming into effect on 1 January 2021. In December 2020, its effectiveness was affected by a dispute whether or not President actually vetoed the Act by refusing to sign it, and, as a result, the opposition is considering lodging a constitutional complaint with the Constitutional Court. Whatever the result of this political debate, if we proceed from the effective date of 1 January 2021, the tax news of 2021 already have to be taken into consideration because it is a very current topic, especially in the area of tax depreciation / amortisation charges, which can be utilised retrospectively from 1 January 2020 under specific conditions in line with the transitional provisions. As part of the fight against the coronavirus crisis, the tax package brought three changes in the area of tax depreciation / amortisation, which we will cover in this article. 

22. 1. 2021
Tax 

Do you watch the limits for aid provided under the COVID or Antivirus programmes?

In recent months, the Czech government has introduced a number of state aid programmes to help businesses hit by the Covid-19 pandemic overcome the period of limited economic activity. In general, the aid provided under individual programmes may be used simultaneously and cumulated. However, in some cases it is not allowed to exceed the maximum aid limit for a single undertaking. What programmes are subject to the limit and what should be included in the calculation? A what exactly does “a single undertaking” mean? 

22. 1. 2021