The peculiarities of the IT business dictate unique approaches to accounting. Complex tax schemes, international operations, intangible assets — all require a deep understanding of the legislation and experience.
NAWI specializes in accounting services for IT companies. Our services include:
Definition of Intellectual Property
The law has clarified and expanded the range of objects that fall under the definition of intellectual property. In particular, new types of IP included:Method of Valuing Intellectual Property
The law introduced more flexible methods of valuing intellectual property: cost, income, and comparative methods.
The criteria that must be considered when valuing IP were specified:
Conditions for Recognizing Income from Intellectual Property
The conditions under which income from intellectual property is recognized as taxable have changed.
Previously, actual receipt of income from IP typically meant the receipt of funds into the taxpayer’s bank account. Now, income from intellectual property is recognized on an accrual basis if there is a high probability of receiving it.
For example:
A company developed new software and sold a license for its use to another company. According to the contract, payment must be made within 60 days after its signing. In this case, income from the license sale is recognized at the moment of contract signing, even if actual payment is made later.
Tax Rates
For some cases, the law has introduced differentiated tax rates depending on the type of intellectual property or the method of its utilization.
The Czech government actively supports the development of the IT industry. Companies in the high-tech sector can expect tax incentives and investment stimuli.
According to the “Investment Incentives Act,” IT companies can receive corporate income tax benefits for up to 10 years, but the discount size and specific conditions depend on the type and volume of investments.
I recently had the pleasure of working with NAWI, and I couldn’t be more satisfied with the experience. From the very beginning, their team demonstrated exceptional professionalism and expertise. They are truly dedicated to delivering high-quality solutions tailored to their clients’ needs.
NAWI’s innovative approach and deep understanding of the industry set them apart from the competition. Their attention to detail and commitment to excellence are evident in every aspect of their work. Whether it’s project management, technical implementation, or customer service, they consistently exceed expectations.
One of the standout features of NAWI is their ability to communicate complex technical concepts in a clear and understandable manner. This makes the collaboration process smooth and efficient. Their team is always available to provide support and answer any questions, ensuring that projects are completed on time and to the highest standard.
In addition to their technical prowess, NAWI also prioritizes building strong relationships with their clients. They take the time to understand your unique needs and offer personalized solutions that drive success. It’s clear that they genuinely care about the success of their clients and go above and beyond to achieve it.
Overall, my experience with NAWI has been outstanding. I highly recommend them to anyone seeking top-tier services in their field. They are a true partner in success, and I look forward to continuing our collaboration in the future.
Thank you, NAWI, for your exceptional work and dedication!
Не первый раз убеждаюсь, что компании можно доверить решение даже самых сложных задач. При любом вопросе обращаюсь в NAWI для решения проблем с компанией, и вопросами взаимоотношений с партнёрами по бизнесу. Профессионалы, для них нет нерешаемых вопросов. Готовы найти максимально возможное выгодное для компании решении. Рекомендую!
Враження від зустрічі та роботі з компанією – найкраще! Суперпрофесійна консультація. Наполегливо рекомендую всім, кого цікавлять питання бізнесу в Чехії
Обратился в Nawi Europe по рекомендации друзей и остался очень доволен качеством предоставленных услуг. Особую благодарность хочу выразить Эдуарду за его профессионализм, внимание к деталям и искреннее желание помочь. Эдуард оперативно и грамотно решил мой вопрос, разъяснил все нюансы и предоставил подробные консультации на каждом этапе.
Great advice from very competent professionals regarding a surprisingly large variety of business related questions! Definitely recommend to anyone interested in finding the most efficient path to solving various challenges.
Три года я обслуживаюсь в компании. Уже этот факт «говорит сам за себя». За этот период было Очень много разных вопросов и по направлениям, и по сложности, и по нестандартности, неординарности. Но, если вы постоянный клиент, можете рассчитывать на самое «глубокое погружение», изучение, быстрый поиск решения и оперативное исполнение.
Основываясь на собственном опыте, утверждаю, что в лице Эдуарда и сплоченного коллектива, вы найдете надежного партнера. Рекомендую
I was recommended to contact NAWI Europe and specifically Eduard for financial matters. We quickly arranged a meeting. Eduard proposed a solution, warned about potential pitfalls that needed to be considered. During the process, he did everything that depended on him and even more: he checked contracts, recommended people to solve issues that did not directly concern him. Everything was done clearly, on time, and within my budget.
Only positive impressions from the cooperation. I recommend NAWI Europe and Eduard personally as a professional and as an honest and responsible person.
All information is completely confidential
