Brief Overview
1. New Civil Code
A new Civil Code and associated laws will come into effect on 1
January 2014, thus bringing major changes to the conduct of
business in the Czech Republic. The new regime will also affect
current business and legal relationships.
It is structured in several major pieces of legislation. The
Civil Code provides the basic terms and principles of all private
law, personal and corporate issues, family law and contractual law.
The Corporations Act governs the establishment and functioning of
business companies. There are numerous accompanying acts such as
the Act on International Private Law and the Law on Certain Court
Proceedings and a major amendment to the Civil Procedural Code
governing court proceedings and cross-border legal relationships.
The new regime represents a major overhaul of the entire private
law system in the Czech Republic, emphasising the freedom of
contracts and principle of the responsibility of
