Technology, Information & Communication

Zobrazit stránku: Česky

How will your company respond to the proposed changes in revenue recognition?

The state of information and communication technologies today is best described by one word: change. Highly competitive environment and pressure for constant innovation create a dynamic synergy of opportunities and challenges. Staying on top requires the right technology, innovative partnerships and a sustainable business model. The information and communication technology sector in the Czech Republic is constantly evolving and has retained a good growth potential. Much of the growth is driven by foreign direct investment, e.g. in technology centres, international corporation branches, offshore IT companies, etc. Over the last few years, Czech Republic has thus become an important centre for technology services with high added value.

PwC around the world assists clients in the field of telecommunications, software and IT technologies not only to solve business issues but also to develop and achieve long-term strategic objectives. Our experts deliver top class service thanks to their industry expertise and global perspective. That is one of the reasons why more technology companies choose PwC than any other professional services firm.

PwC globally:

  • provides audit, tax and advisory services to 68% of the FT Global Technology companies
  • audits 41% of the Fortune 500 Technology companies
  • audits 45% of the Fortune 500 Computers & Networking companies
  • audits 33% of the Fortune 500 Software companies


Industry Issues

  • New business models
  • Revenue sustainability
  • Strategic cost management
  • Corporate responsibility
  • Regulation
  • New technologies
  • Quality & reliability of non-financial data
  • Investment incentives for technology manufacturers, technology centers and business support services
  • Tax and regulatory compliance
  • IFRS implementation
  • Protection of intellectual property
  • Motivation and retention of skilled employees


How PwC can help

Understanding market challenges is only a half of the success. The rest lies in knowing how to face them. During the 150 years of our existence we have found again and again that hard times are the best teacher. We are here to share our knowledge and practical experience. We will help you face your business challenges and achieve your long-term goals.


Industry specific services

  • Telecom Revenue Maximizer and Telecom Cost Minimizer tools – revenue assurance and profitability maximisation services
  • Optimizing the value of patents and trademarks and determining the best location of legal ownership of such intangible assets
  • VAT refunds from other tax jurisdictions (relevant for mobile operators which provide roaming services)
  • Assessment of the appropriate tax treatment of the significant R&D costs involved in developing new technology
  • Advice on applying for investment incentives for technology manufacturers or technology centres and on the use of such incentives
  • Design of tax-efficient employee share plans