Working Groups

For the performance of certain activities, CVCA establishes advisory committees. Their objective is to participate in activities that are important for CVCA or EVCA and that require professional knowledge and experience. The outputs of working groups are subsequently posted on the website or presented to CVCA's members at common events organized by the Association. At present, CVCA has two advisory committees.

Tax and Legislation Committee (TLC)

Legislative and tax issues concerning PE/VC comprise an area that has required the creation of an advisory committee. The TLC reviews and comments on legislative amendments to laws concerning PE/VC in the Czech Republic as well as at the EU level. Another activity of the TLC is to comment on changes being implemented in this area as well as to prepare materials for important deliberations with lawmakers.

The TLC's work is managed by Jan Topinka from the Havel & Holásek law firm. Michal Smrek from the White & Case law firm and Tomáš Doležil from the Clifford Chance law firm comprise the coordinating team. All law firms that are members of CVCA as well as consulting firms dealing in legislation and taxes are involved in the TLC's activities.

Statistics Committee (SC)

Recently, great emphasis has been placed on obtaining sufficient data relating to the development of private equity and venture capital (PE/VC). CVCA has observed increasing demand for information on the PE/VC market in the Czech Republic and how it compares with other EU or CEE countries. This was the reason for establishing the Statistics Committee. This working group has the task of collecting important data about PE/VC market development, communicating with EVCA and its PEREP_Analytics statistical department, and regularly publishing the latest data on the CVCA website or in the press.