Legal
Representation of limited liability company by statutory representatives and its…
When founding and operating a limited liability company, its members usually deal with the issue of setting up its corporate governance and defining the powers of the statutory representatives (executives). In this article, we will present the…
Concluding contracts between single-member companies and their members
In small, single-member companies, the member is usually closely involved in the company's activities and its management, therefore often holding the office of the statutory body. Sometimes, the sole member who represents the company as its…
Census obligatory for Czechs and foreigners
On Saturday, 27 March, the 2021 Population and Housing Census began, for the first time in history offering the possibility of online participation. Whom does it concern, what obligations does it involve and what should be watched out for?
EU introduces stricter controls of goods on import
Importers of goods into the EU should beware. From 15 March 2021, Release 1 of ICS2 – a new electronic system for controlling imports of goods into the EU – is underway. ICS2 will contribute to increasing the effectiveness of customs controls,…
Municipal Court holds protective measure contrary to law - rules for returning from…
On Wednesday 31 March, the Municipal Court in Prague annulled part of the protective measure regulating the crossing of state borders, on the grounds of it being contrary to law, effective 5 April. The Ministry of Health responded on Saturday by…
Obligatory testing of employees
On 1 March 2021, the Ministry of Health issued an extraordinary measure, ordering the obligatory testing of employees at companies. The measure is effective from 3 March 2021 until further notice.
New Foreign Investment Screening Act
On 1 May 2021, the new Foreign Investment Screening Act will enter into effect, introducing tools to review direct investments from third countries for their implications for the Czech Republic’s security and internal order. The act may hinder the…
Act on Registration of Beneficial Owners: six month to update data
The new Act on the Registration of Beneficial Owners has been published in the Collection of Laws and will enter into effect on 1 June 2021. All business corporations must update the data recorded in the beneficial owners' register within six months…
New arrival rules for the Czech Republic
Since 1 March, a new protective measure of the Ministry of Health has been in effect, yet again tightening the rules for arrival from abroad and changing the existing ‘traffic light’ system (Semafor). For the purposes of this measure, foreign…
Compensation for work accidents in light of amendment to Labour Code
Effective 1 January 2021, an amendment to the Labour Code changed the rules of compensation for accidents at work and occupational diseases, introducing a one-time compensation to close persons for non-material damage in the event of particularly…
Changes to Qualified Employee relocation programme
As of 1 January 2021, both the minimum wage and the lowest guaranteed wage level have increased. This affects, among other things, one of the programmes for the economic migration of foreigners – the Qualified Employee programme. And this is not the…
One step closer to interconnecting commercial registers within EU
The harmonisation of EU law regarding the use of digital tools and processes in corporate law has taken on a concrete form: an amendment to the Act on Public Registers, implementing a part of the changes prescribed by the EU directive into Czech law…