ASB Czech Republic, s.r.o.

V Celnici 1031/4, 110 00 Praha 1

Czech Republic

+420 224 931 366

IČ: 27215849

Registered in the Commercial Register maintained by the Municipal Court in Prague under file C 105100 .

Direct contact (media & inquiries)

Dan Ledvinka Group Head of BD & Marketing +420 724 377 998 dledvinka@asbgroup.eu

ASB Group advised REICO on the acquisition of an industrial park Dubnica II in Slovakia

ASB Group has successfully advised ČS nemovitostní fond which is managed by REICO investiční společnost České spořitelny, a.s. on the acquisition of an industrial park Dubnica II in Slovakia. Park Dubnica is a new logistics centre built in 2018. It consists of warehouse, technical and office space with a total lettable area of 16.6 thousand square meters, with 100% of the rentable area already occupied. The value of the new acquisition is approximately CZK 241 million (EUR 9.5 million). ASB advisory services included comprehensive financial and tax due diligence.

Year-end Transfer Pricing Adjustments

On 1 January 2019, the revised CIT law introduced five conditions allowing taxpayers to recognise transfer pricing adjustments as tax-deductible. According to article 11e of CIT Act, taxpayers may adjust transfer prices and change the amount of revenue earned or tax-deductible expenses incurred provided that all of the following conditions are met:

ASB – a new member of NPCC

We are pleased to inform you that ASB has become a member of the Norwegian Polish Chamber of Commerce (NPCC). We hope that membership in this association will allow us primarily to exchange experiences with Norwegian companies and to establish new partnerships.