Articles & News
How Often to Update Compliance Documentation in Accordance with CNB Requirements
Sep 9, 2025
Many international executives mistakenly view regulatory compliance as a task to be completed once a year. However, the Czech financial market, supervised by the Czech National Ba…
Commercial contracts with Czech partners
Sep 9, 2025
The legal systems of Austria and the Czech Republic share a common ancestor: the Austrian General Civil Code (ABGB) of 1811. For over a century, this code formed the basis of civi…
How to Protect Your Company from a Shareholder Dispute: Before It Starts
Sep 9, 2025
Shareholder disputes are not an inevitable cost of doing business; they are a failure of foresight. For business leaders, investors, and corporate counsel, the threat of internal…
Successful defense of a client against an employer's claim under a qualification agreement
Sep 9, 2025
The law firm represented a client in a dispute with an employer over compensation for breach of a qualification agreement. The employer demanded CZK 103,166 plus interest, arguing…
How to Collect Debts in the Czech Republic
Sep 8, 2025
Before initiating formal legal action, a professional, out-of-court approach is the most strategic and cost-effective first step in the Czech Republic. This amicable phase is not…
Obligations of license holders after granting
Sep 8, 2025
Once your business is licensed, you enter a new phase governed by strict rules, particularly the Czech Trade Licensing Act (No. 455/1991 Coll.), known in Czech as the Živnostenský…
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How to Obtain a Payment Institution License in the Czech Republic
Sep 8, 2025
Are you planning to enter the European payments market? This guide provides a clear roadmap to obtain a Payment Institution license in the Czech Republic, a strategic gateway to t…
German vs. Czech Employment Contracts: What German Companies Should Watch Out for When Hiring in the Czech Republic
Sep 8, 2025
The very first step in hiring—creating the employment contract—reveals a major legal divergence between Germany and the Czech Republic. What is standard practice in Germany can be…
New Supreme Court Rules on Retention Fee Statutes of Limitations
Sep 4, 2025
To correctly understand the issue of the statute of limitations, it is absolutely essential to first understand what retainage (pozastávka) actually is from a legal perspective. M…