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For qualified employers who wish to transfer certain foreign employees to the Czech Republic as “local hires,” an expanded new program will provide some benefits. The Czech Ministry of Industry and Trade released information this week about the expansion of the Welcome Package for Investors. When the program launched in 2012, only seconded intra-company transfers (ICTs) who remained on foreign contract/payroll were eligible to participate. Effective this month, employees are eligible for this program if they are in “manager” and “key specialist” roles and if they will be transferred to local Czech contact/payroll capacities. The program is expected to be available until 2015.
The program provides a quicker and more streamlined application process for work permits. Under the program:
To be eligible to participate, employers must:
To be eligible for this program under the extension, employees must be:
Qualified as a “manager” or “key specialist,” as defined by:
BAL is awaiting confirmation from CzechInvest and the Ministry of Trade on specific items. For example, whether beneficiaries of the program may work at client sites; whether dependents will also benefit from the 30-day visa processing time; the validity period of the work permits and visas; and whether the transferee must fill a similar position in the Czech Republic that they filled in their home countries.
This alert has been provided by the BAL Global Practice group and our network provider located in the Czech Republic. For additional information, please contact GlobalVisaGroup@bal.com.
Copyright © 2016 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@bal.com.
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