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News

Establishment and operation of children‘s groups now financed by EU structural funds

8.01.2016
Company: PricewaterhouseCoopers Česká republika, s.r.o.

Companies now have the chance to get a subsidy for establishing and operating a children’s group or other form of childcare. The Ministry of Labour and Social Affairs of the Czech Republic called for a submission of projects that will be aimed at financial subsidies for establishments of this kind.

The subsidy could be exploited mainly by companies that are currently willing to offer their employees this unusual, but for both sides very favourable childcare benefit. The financial funds could be used for the construction and equipment of such establishment as well as for the salaries and related costs of the employees taking care of the children. The novelty consists of a simplified regime of subsidy exploitation.

The advantage is financing in advance (not regarding invoices submitted retrospectively). The amount of the subsidy is not tied to the amount of money used by the implementer. Of course, a contribution from the applicant is required. On the other hand, the applicant can also finance the childcare to some extent with the help of parents, i.e. employees. The possibility of tax advantages is another benefit for parents and also the establishment operator.

Specialists from the international law office of PwC Legal are ready to help you with the application and the set-up of such childcare establishment for employees.

To get more informations, please contact:

Petr Glogar, +420 542 520 284

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