David Krch is a founding
partner of HAVEL & PARTNERS Tax s.r.o., which he founded under the
corporate name TAX ADVISORY SERVICES s.r.o. more than 17 years ago after
gaining ample practical experience in the tax department at PricewaterhouseCoopers.
David has long-standing
practical experience in comprehensively representing foreign corporations doing
business in the Czech Republic. He provides a full range of services to clients
in respect of corporate income tax and value added tax (in local as well as
international context), including representation of corporations with long-term
presence in the Czech market, assistance with one-off projects, and due diligence
upon entry of new investors to the Czech market. David has 21 years of
experience in the area of taxation of foreign companies with long-term presence
in the Czech Republic (out of that four years of practice in the tax department
David has also been instrumental in numerous projects involving mergers and acquisitions and their financing in the Czech Republic, in which he participated in collaboration with leading law firms in the Czech Republic on the buyers’ as well as the sellers’ side. Another important area of his practice includes investment incentives, where he has on a long-term basis represented major investors, mainly in the automotive industry; he actively cooperates in this area with CzechInvest, the Czech Ministry of Finance, and the Czech Ministry of Industry and Trade.
Industry-wise, David primarily focuses on automotive industry, pharmaceutical industry, electronic services and the media. He has for several years represented automotive manufacturers in the Czech Republic (manufacturing plants from foreign countries), local branches of manufacturers representing brands in the Czech market (importers of vehicles), financing (leasing) companies of car manufacturers, dealerships, and several manufacturers of automotive components. During his previous practice at PricewaterhouseCoopers and in his current practice, David also represents major pharmaceutical companies and their Czech branches in all areas of taxation. He also provides day-to-day comprehensive advice to a major TV company, and to a major player in the field of online intermediation of services.
Membership in professional
Czech Chamber of Tax Advisers (KDPČR)
Value Added Tax Section of KDPČR
International Taxation Section of KDPČR
Languages Czech, English, French, German (passive knowledge)
Education University of Economics in Prague, Faculty of Economics, Prague (2004), Ing. (Master’s degree)
Examples of tax advisory services
comprehensive representation of 3 manufacturers/importers of automobiles and 2 manufacturers/importers of trucks for the Czech market in all areas of taxation
comprehensive representation of clients during tax inspections concerning corporate income tax and VAT
securing communication and coordination of tax issues with foreign corporations’ headquarters (in particular for transfer pricing, and identified tax risks necessitating corrective measures)
assistance in setting up new supplier-customer arrangements
assistance in dispute resolution within existing supplier-customer arrangements, including communication with legal and tax advisers of the counterparty
communication with the Czech Ministry of Finance and the General Financial Directorate while handling issues that are extraordinarily complex in terms of interpretation; concurrent communication with the Ministry of Industry and Trade in respect of investment incentives
involvement in the preparation of corporate income tax returns (in particular consistent reviews of outputs and corporate income tax returns)
involvement in transfer pricing projects, especially updates
representation of clients in professional chambers in connection with tax issues
coordination of tax issues with auditors, legal counsels, contractors, and R&D advisers etc.
HAVEL & PARTNERS significantly expands its tax specialisation to include the team of TAX ADVISORY SERVICES headed by David Krch
HAVEL & PARTNERS, the most comprehensive law firm in
the Czech and Slovak law markets, is furth…
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