Business

February 6, 2019

Business performance bonuses

The Financial Administration of the Republic of Slovenia (FURS) has recently issued an explanation in which it stated that the fact that worker received a business performance bonus from two (or more) employers in the same calendar year does not affect the tax treatment of these bonuses.
November 13, 2018

New period for Czech-Chinese relations / Czech-Chinese relations spring

In spite of the geographical distance, the Czech Republic and the People’s Republic of China (PRC) have increasingly deepened their mutual long-lasting friendship in the recent years.
October 31, 2018

TIMING IS EVERYTHING

WHEN WILL TIME BE OF THE ESSENCE? Time will be of the essence in a contract when a time limit is an essential condition of a contract. Parties may agree to stipulate that a right must be exercised by a certain time and/or that a contractual obligation is performed by a certain time. If parties fail to meet these deadlines they may find themselves having lost a beneficial right of the contract or having terminated the contract.
October 15, 2018

Compensation for the Franchisee

In the last years a lot of decisions in Germany have revolved around the issue of compensation of the franchisee once the franchising agreement ends.