Foreign companies entering the Polish market often focus on logistics, customers, and contracts, only to discover that VAT compliance is a gating item. For many non‑EU businesses, VAT registration in Poland cannot be completed without appointing a fiscal representative. This article explains fiscal representation in Poland, when it is mandatory, what obligations it creates (including joint and several liability) and how professional support can keep the process efficient and audit‑ready.
ASB Group provided comprehensive transaction advisory services to the buyer, the REICO LONG LEASE investment fund from the Erste Asset Management group, in the acquisition of the office building The Mill, located on Mlynské nivy boulevard in Bratislava. The seller was the developer Immocap.
We would like to inform you of a significant legislative change coming into effect on 1 January 2027 – the introduction of mandatory electronic invoicing (e-invoicing) for all domestic transactions of business entities. This change will affect your accounting documents, as from the above date it will be no longer possible to issue or receive invoices in paper form or as PDF files. All invoices shall be issued exclusively in a structured electronic XML format in accordance with the European standard EN 16931.
ASB Group is proud to inform that Klára Cowan, our Group Payroll Director, has been nominated for the 2026 Global Payroll Titan Award, an international recognition programme, presented by PayrollOrg as part of Global Payroll Week.
ASB Group has been shortlisted for “Accounting Firm of the Year” at the Hedgeweek® European Awards 2026. The awards recognise excellence across Europe’s hedge fund ecosystem and culminate in an industry event in London on 9 June 2026
From 17 March 2026, the SENT system will cover the transport of selected categories of clothing and footwear. For some businesses in e-commerce, omnichannel distribution, retail, and for certain entities in the transport and logistics sector, this will be the first practical encounter with the regime for monitoring the movement of goods classified as “sensitive”. The change is broad, because it may affect everyday warehouse deliveries, and mistakes can trigger both financial and operational consequences. The coming weeks are, in practice, the last moment to approach SENT as a process rather than as an ad hoc task.
In 2026, new obligations related to public Country-by-Country reporting (Public CbC-R) will take effect, changing the existing rules for preparing and disclosing tax information by the largest corporate groups. For globally operating companies, this is not only a reporting requirement but also an important element of transparency and reputation-building vis-à-vis investors, customers, and the market.
The new year in Czech Republic brings extensive changes in the payroll area that will affect both employees and employers. This article summarizes the key legislative developments that need to be reflected in HR practice.
One of the measures approved as part of the third consolidation package is the limitation of VAT deduction on company vehicles that are also used for private purposes. Below we provide a concise overview of this limitation, based on the methodological guidance of the Financial Directorate of the Slovak Republic No. 3/DPH/2025/MU, the transitional provisions of Article 85n of Act No. 222/2004 Coll. on Value Added Tax, as amended, and Article 55 zzzk of Act No. 595/2003 Coll. on Income Tax, as amended.