Legal
Who actually owns the company? The answer no longer available to everyone
Until recently, it took just a few clicks for anyone to find out, free of charge and without registration, who ultimately stood behind any Czech company. That era ended on 17 December 2025 when the register of beneficial owners was made inaccessible…
Only one year left before new AML regime starts
Obliged entities have only one year left to adjust their AML framework to the new rules. This is not only about the regulation itself but also about the technical standards and guidelines that are gradually being prepared by the new European…
Home office from beach: attractive benefit and potential problem
The summer months bring increased interest in working from abroad. Employees want to combine holidays with work, and employers often try to accommodate them. However, home office from another country is not just “ordinary remote work with a better…
Buy Now - Pay Later (BNPL) services to be treated as regular consumer credit
So far, the regulation of “Buy Now – Pay Later” (BNPL) services has been relatively lenient under Czech law thanks to an exemption in the Consumer Credit Act. This is about to change significantly. With the transposition of the revised Consumer…
AIFMD II sets rules for loan-originating funds
AIFMD II is the first directive to harmonise European rules for alternative investment funds that originate loans or acquire receivables arising from fund loans. The new requirements will primarily affect special funds, qualifying investor funds and…
Who will Cobra bite? Authorities are preparing coordinated approach against illegal…
Illegal work, the ‘Svarc’ system, and disguised agency employment are not new concepts. Yet many companies perceive the risk of sanctions as marginal – operating beyond the law is often simply more advantageous. A new initiative by three ministries…
Increase in salary requirements for EU Blue Cards from 1 May 2026
Based on newly published data on the average wage in the Czech Republic, the minimum wage required for the issuance of an EU Blue Card will increase from 1 May 2026. The change will affect not only the Blue Card procedure itself but also the…
EU Inc.: new pan-European company structure on horizon
The European Commission has presented a proposal for a new legal form of a European company referred to as EU Inc. It is part of a “28th regime”, which would exist alongside the current 27 national regimes of the EU member states and would allow…
Fundamental change for employers: ministry has presented draft amendment…
The Ministry of Labour and Social Affairs (MPSV) has published a draft amendment to the Labour Code designed to transpose the Pay Transparency Directive. Although the effective date has been postponed until 2027, employers must take action. Given…
AICIF amendment changes liquidity management
AIFMD II strengthens the rules for liquidity management of open-ended funds. Fund managers will be required to pre select appropriate liquidity management tools, ensure their timely activation where necessary, and document and justify their use. The…
New category of companies with less stringent rules?
European Parliament committees have backed a proposal to introduce a new category of companies – small mid-cap enterprises (SMCs). They are to be subject to similar exemptions as small and medium-sized enterprises. This will allow them easier access…
New Foreigners’ Act to introduce digitisation, enhanced security and mandatory…
The government has approved a new bill on the entry and residence of foreign nationals, which aims to fundamentally modernise the system governing residence in the Czech Republic. The proposed legislation responds to the need to consolidate the…