The introduction of the SME (Small and Medium Enterprises) procedure in January 2025 represents a significant change in the VAT settlement system within the European Union. This mechanism was designed with small and medium-sized enterprises (SMEs) engaged in cross-border activities in mind. The objective is to simplify administrative and tax obligations for entities with relatively low turnover. The SME procedure establishes uniform regulations applicable across the EU, marking a step toward harmonizing tax law in member states.
Cash pooling is a financial management method in which the cash shortfalls of one company are covered by the surpluses generated by another company in the group.
Slovakia is an increasingly popular destination for businesses looking to expand in Central Europe, offering a range of opportunities for both local and international investors.
Poland is a key investment destination in Central Europe, offering a stable economy, a skilled workforce, and access to the European market. As a member of the European Union, it provides a transparent regulatory environment and numerous incentives for foreign investors. The country’s strategic location makes it an ideal gateway for companies looking to expand across the region.
The Czech Republic, located in Central Europe, offers a business-friendly environment with access to the EU market and a transparent regulatory framework. As a member of the European Union, it provides an ideal destination for business growth and expansion.
ASB Group is pleased to announce its membership in TIAG® (The International Accounting Group), a division of TAG Alliances®. This strategic move strengthens and enhances ASB Group’s connection to the global market through a trusted network of international partners.
ASB Group provided comprehensive tax and financial due diligence services for RSJ Investments and Upvest during their acquisition of a 25% stake in Centrum Černý Most, the third largest department store in the Czech Republic.
The year 2025 brings a number of significant changes in the area of wage legislation that will affect both employers and employees. We will write about these legislative changes in detail in the following article.
ASB Group provided REDSIDE investiční společnost, a.s. with comprehensive financial and tax advisory services during the sale of the managed portfolio from the NOVA Real Estate property fund.