Investment Incentives

Investors who seek incentives in the Czech Republic must comply with a complicated application procedure and onerous verification inspections. Due to the complexities involved PRK Partners has advised many clients on their incentive matters and has developed a highly specialised team that can assist you throughout the entire process.

We provide advisory services that cover the initial tax structuring and planning of the investment incentive, compliance with the drawdown criteria of the incentive and post-drawdown satisfaction of the periodic audits conducted by the various Ministries involved in authorising and monitoring use of incentives.

Specifically, we can provide the following:

  • Initial decision, structuring and planning of investment and investment incentives;
  • Preparation of incentive application form, including preparation of financial annexes that are crucial to a successful application;
  • Advisory on how to fulfil the incentive drawdown conditions;
  • Assistance within implementation of an effective control system procedure that will be required to demonstrate compliance;
  • Optimal utilization of the investment incentives and due evidence / notification;
  • Continuous monitoring of compliance with the conditions for the investment incentive conditions;
  • Assistance with compliance audits of financial offices or Ministries;
  • Tax structuring and planning to identify the best form of incentives.

PRK Partners is willing to provide long-term cooperation to our clients with in-depth knowledge of the client’s business, which is crucial for successful strategic partnership between the client and consultant giving proper prediction of impacts in various areas of client’s business.

For tax advice PRK Partners usually cooperate with a team of specialists from BDO TAX s.r.o. (formerly PRK ECOVIS s.r.o.), enabling us to provide comprehensive tax and legal advice.