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Hidden Profit Distributions in Czech Companies

Mar 6, 2026

Hidden profit distribution arises when a company transfers value to a shareholder outside a proper profit payment and the transaction lacks genuine economic substance or market te…

Technical improvement versus repair of assets

Mar 6, 2026

Technical improvement and repair of assets have different tax effects: repairs are generally expensed directly, while technical improvements increase the asset’s acquisition value…

Czech Business Judgment Rule

Mar 6, 2026

The business judgment rule can protect directors from personal liability for an unsuccessful business decision if they acted on sufficient information, in good faith and in the co…

How Cypriot businesses can expand into the Czech Republic

Mar 6, 2026

Expanding a Czech business to Cyprus involves more than incorporating a local company; to use the Cypriot framework safely, the business needs genuine management and real economic…

Shareholders’ Agreements for Czech s.r.o.

Mar 6, 2026

A shareholders’ agreement (SHA) supplements the company’s constitutional documents with rules for situations that often trigger disputes between owners. It can address exits, shar…

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Subdividing Land for Semi-Detached Houses in the Czech Republic

Mar 6, 2026

Dividing land for a semi-detached house requires approval from the building authority, and each new plot must have legally secured access to a public road. A survey plan alone is…

Czech Lobbying Act

Mar 6, 2026

A registered lobbyist must be entered in the public register before repeatedly seeking to influence selected public officials, otherwise the company may face penalties. Registrati…

Luxury Goods Imports

Mar 6, 2026

Importers of luxury goods should verify the true origin of products rather than rely only on supplier documents, because a false declaration can breach customs or sanctions rules.…

How Luxembourgish Businesses Can Launch Operations in the Czech Republic

Mar 6, 2026

Doing business in Luxembourg requires more than incorporating a company; the structure needs genuine local substance and must meet both Luxembourg and Czech tax and regulatory dut…