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D-ploy (Czech Republic) s.r.o.

International company entering the Czech market

Client Profile  

D-ploy (Czech Republic) s.r.o. (“D-ploy”) established on the Czech market in May 2012 as a subsidiary of D-Ploy Group which is headquartered in Switzerland and has subsidiaries in Germany, USA and Austria. D-ploy is focused on providing IT services in the area of IT-infrastructure, service management, system engineering and migrations. Currently, the company has about 70 full time employees and is continuously growing and hiring new people in connection with the dynamic expansion of the market.

As D-Ploy Group has expanded into foreign countries, it relies on third parties which help them to assess the local market conditions and to meet all the local legal requirements. To be able to focus on the core business and to develop its business activities, D-ploy wanted to outsource other services to the appropriate experts

ASB Group involvement

After ASB assisted D-Ploy with incorporation of D-ploy (Czech Republic) s.r.o. in 2012, ASB was engaged in support of the company in the administrative, accounting and payroll area. It helped to register the company with the Czech public authorities, provided the legal advice related to conclusion of contracts, provided the accounting and payroll services and other consultancy and administration that the company could pursue its own business. At present, ASB is a partner of D-Ploy that provides a full set of back office services. 

ASB Group provides the following services to D-ploy (Czech Republic) s.r.o.

  • Accounting services: e.g. maintenance of statutory books and records, booking, preparation and filing of all tax returns, accounting consultancy etc.
  • Compilation of statutory financial statements
  • Reporting
  • Preparation of the payroll agenda (e.g. handing over payroll slips, payroll forms, dealing with salary pre-payments, sickness leaves, holidays, maternity leaves etc.) and providing of the payroll consultancy
  • Preparation of income statements of the employees for various institutions
  • Company administrative services (e.g. payments, handling with invoices, data box, communication with authorities, suppliers, preparation of standards correspondence etc.)
  • Assistance with cash-flow management of the company
  • Review and legal consultancy of the company’s agreements (insurance, lease, loan agreements) and archiving
  • Registered seat 

 

Statement of Mr Lukas Kanka, Country Manager of D-ploy (Czech Republic) s.r.o.

„When you enter a new market and grow so rapidly as we have done in the Czech Republic so far, you want to focus on the core business. It is very beneficial to have a reliable partner such as ASB Group that is able to take care of a wide range of all non-core activities.”