Legal
Amendment to AICIF: What will it bring and what to prepare for?
The Ministry of Finance has prepared an extensive amendment to the Act on Investment Companies and Investment Funds (AICIF)reflecting the EU AIFMD II directive. Most of it is expected to enter into effect on 16 April 2026 but some of its parts as…
Increase in limits for small-scale public contracts and other significant changes…
On 3 April 2025, an amendment to the Public Procurement Act entered into force increasing the limits for small-scale public procurement and bringing other significant changes that will affect "public tenders".
Packaging Regulation brings stricter rules
The new Packaging and Packaging Waste Regulation is to fundamentally change how manufacturers package their products, and how consumers sort, return, and recycle packaging. It presents stricter restrictions on single-use plastics, stipulates that…
Lawyers to verify electronic signatures
A new decree allowing lawyers (attorneys-at-law) to verify electronically signed documents should soon enter into force. This novelty will make life easier for (not only) entrepreneurs in business dealings.
Employers must disclose wages
The European Union has taken a major step towards closing the gender pay gap and strengthening equality in the workplace. EU Directive 2023/970, adopted on 24 April 2023, introduces revolutionary changes to pay transparency and the protection of…
Working conditions under scrutiny – deputies pass ‘Flexinovela’
At the beginning of March, the chamber of deputies approved a closely watched amendment to the Labour Code, the ‘Flexinovela’, which will introduce significant changes. It will now be discussed by the senate and then submitted to the president for…
Taiwan among countries with free access to Czech labour market
In mid-February, the government approved an amendment to its regulation expanding the list of countries whose citizens do not need work permits to work in the Czech Republic. Taiwan is now joining the nine countries for which this exemption already…
Electronic signature - easy, fast, legally binding, and worry-free
A simple electronic signature is often perceived as less reliable than a handwritten signature on paper because it is not easy to prove who created it. However, recent court decisions have confirmed that it is fully valid for most common legal…
Employment legislation - what changes apply since 2025?
On 1 January 2025, the long-awaited amendment to the Employment Act entered into effect, bringing changes in labour inspection activities and the employment of persons with disabilities. The aim is to encourage employers to employ more persons with…
Stricter rules on employment of foreigners on horizon
In connection with the preparation of the new Foreigners’ Residence Act, the Ministry of Labour and Social Affairs proposes to introduce into the Employment Act a verified employer concept.
AMLA: new player in fight against money laundering and terrorist financing
The European Union is stepping up its fight against money laundering and terrorist financing. Last year, the new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) was created. Based in Frankfurt am Main, it will…
Government approves mandatory employers’ contribution to employees' savings
The pension system reform will bring about a major change for employees in certain high-risk jobs. As they will no longer be able to retire early without their pension being cut, the new law includes the obligation for employers to contribute to…