Articles & News
What innovations did the amendment to the ZOK bring in the area of types of shares and stocks?
Dec 27, 2020
According to the CCC, it is then possible to have several types of shares within a capital company, i.e. shares with different rights and obligations attached to them. The ZOK the…
What does codetermination of members of the Supervisory Board by employees mean
Dec 23, 2020
Employee codetermination allows employees to participate in the management and decision-making processes in the company. It is a system whereby employees can elect representatives…
New obligations of entrepreneurs - mandatory reports and collection of documents
Dec 20, 2020
The current treatment of the Relationship Report will be improved (the "Report"). Knowledge of the amount of equity is required to prepare the Report. It will now be specified exa…
Minimum wage and three-shift operation 2021
Dec 10, 2020
As in the previous year, 1 January 2021 will bring an increase in the minimum and guaranteed wage. The lowest possible remuneration for work should rise to CZK 15,200 per month or…
New risks of executives pursuant to the act on business corporations
Dec 2, 2020
On 1 January 2021, an extensive amendment to the Act No. 90/2012 Coll., on Business Corporations, as published in the Collection of Laws under No. 33/2020, will become effective.…
Changes in the distribution of profits of commercial companies after the amendment
Dec 2, 2020
A corporation may only pay out a share of profits or other own resources if the statutory conditions for their payment are met. The basic condition is that profits or other own re…
CBD is not a narcotic ruled EU Court
Nov 25, 2020
On November 19th the Court of Justice of the European Union made a landmark decision regarding the legality of the cannabis products in the EU.
Greater distance between the homes of divorced parents: which parent should bear the financial and time costs of contact with the child?
Oct 31, 2020
After a divorce, there are often situations where the parent who has been given custody of the child moves to a new residence, even hundreds of kilometres away from the original r…
What is a parcelization agreement?
Oct 7, 2020
A subdivision agreement is a contract concluded by the applicant for a regulatory plan or a party to a zoning proceeding with the owners of land and buildings that will be affecte…
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