Legal
Indexation of minimum wage and abolition of vacation scheduling – further changes to…
One major amendment to the Labour Code has barely entered into force, and the government is already discussing two more amendments. According to the proposal of the Ministry of Labour and Social Affairs, the mechanism for increasing the minimum and…
Consolidation package - labour law perspective
The Act on the Consolidation of Public Budgets, or the consolidation package, brings numerous changes in labour law, in particular new obligations for both employers and employees. Major changes concern agreements to perform work outside employment.…
Mobility Directive to facilitate cross-border transformations
Companies in the EU can cross national borders by means of cross-border transformations. Current Directive (EU) 2017/1132 on certain aspects of company law only regulates cross-border mergers. This is now changing, as amending Directive 2019/2121 …
Trusts as employee remuneration option
Creating schemes whereby employees participate in their employer's profits is a modern and innovative way of remunerating employees. Stock option plans (ESOPs) and other employee participation programmes are rather more common in the international…
De minimis aid limit to increase substantially from January 2024
Along with 2023, two important state aid regulations are coming to an end: the general regulation on de minimis aid (De Minimis Regulation) and the regulation on de minimis aid for providers of services of general economic interest (SGEI De Minimis…
New EU rules: increased liability of payment service providers
The European Commission has published a proposal for the Directive on Payment Services in the Internal Market (PSD3) and a proposal for the Regulation on Payment Services (PSR). Their aim is to revise current legislation to reflect rapidly changing…
News in health insurance for foreigners
The last amendment to the Foreigners’ Residence Act has brought significant changes. Some of them, such as the abolition of the monopoly of the general health insurance company (VZP) have already taken place. What else has changed, and what will the…
Amendment to Labour Code effective: what are the changes?
Except for some provisions, the long-discussed amendment to the Labour Code entered into effect on 1 October 2023. The most significant changes concern workers under agreements to perform work and agreements to complete a job (agreements on work…
Liability for employee wage claims in subcontracting chains in construction
Although a major amendment to the Labour Code has only entered into effect recently, the Ministry of Labour and Social Affairs is already preparing further changes and has submitted to the government a draft amendment introducing the liability of…
Act on investment companies and investment funds: transfer of assets and liabilities…
At the beginning of August, the Ministry of Finance submitted to the government a draft amendment to the Act on Investment Companies and Investment Funds, explicitly stipulating the possibility of mergers (acquisitions) between capital companies …
Temporary protection for Ukrainian citizens extended for one year
As the continued Russian invasion of Ukraine does not make it safe for Ukrainian citizens to return to their homeland, the government has proposed to extend their temporary protection for another year, until 31 March 2025. Currently, the blanket…
Setting up a group’s whistleblowing system correctly
For some entities, the Act on the Protection of Whistleblowers entered into effect on 1 August this year. However, its wording still raises questions so far not answered, not even by the methodological guidance of the Ministry of Justice. One of the…