Articles & News
Disclosure Letters in M&A
May 20, 2026
A disclosure letter protects the seller of a company from damages claims by explicitly carving out exceptions to the warranties given in the purchase agreement – without specific,…
Protecting Equity Value Between SPA Signing and Closing in M&A Deals
May 19, 2026
Between signing the purchase agreement and the final payout, the value a seller actually receives can shrink significantly due to an earn-out, escrow, or working capital adjustmen…
MiCA, DAC8, DORA and Travel Rule
May 19, 2026
As of 1 July 2026, crypto exchanges must hold a valid MiCA licence from the Czech National Bank or stop offering services, and from January 2026 they must also report detailed cli…
GDPR Compliance Without Red Tape
May 18, 2026
A missing or inadequate data processing agreement with a processor, such as a cloud provider or payroll service, is itself a GDPR violation carrying a fine of up to €20 million or…
Sole Trader vs Ltd (s.r.o.) for E‑Shops
May 18, 2026
For an online supplement store earning CZK 500,000 a year, running it as a sole trader pays off far better than through a limited company – the difference in take-home money excee…
Family Care Benefits in Czech Employment Law
May 17, 2026
An employee caring for a child under 15 has a legal right to request shorter working hours, and if the employer rejects the request without written justification of serious operat…
Risks of Shareholder Invoicing in Czech Companies
May 16, 2026
If a shareholder invoices their own company for activities falling within its line of business, the tax office will usually reclassify it as dependent employment and assess back t…
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Our awardsBeneficial Owner Register Errors
May 15, 2026
Incorrect or incomplete data in the beneficial ownership register can lead to exclusion from a public tender, suspension of voting rights, and a fine of up to CZK 500,000, even th…
Proving Tax-Deductible Corporate Expenses in 2026
May 15, 2026
In 2026, Czech tax authorities recognise a business expense only if the company can prove the service was actually delivered, not just show an invoice — entertainment costs, alcoh…