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  • Article

    Corporate Governance In The Times Of Coronavirus

    As a result of coronavirus crisis and related restrictive measures, companies may face difficulties also in relation to previously common activities,...
    Czech RepublicCoronavirus (COVID-19)
    Kinstellar
    Kinstellar
  • Article

    Update: ESG Reporting Obligations In Bulgaria, Croatia, The Czech Republic, Hungary, Romania And Slovakia

    February 2024 – With the 6 July 2024 deadline for the implementation of the EU Corporate Sustainability Reporting Directive (EU) 2022/2464 (the "CSRD")...
    European UnionCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Corporate Governance Measures Imposed In Response To The Covid-19 Pandemic (Updated)

    The Czech Government has prepared several measures that should help companies in the challenging times stemming from the outbreak of COVID-19. Please find below a brief overview of proposed measures...
    Czech RepublicCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    The New EU Anti-Corruption Directive: Preparing Your Business For A New Compliance Landscape

    The European Union's new Anti-Corruption Directive represents the most significant modernization of anti-corruption enforcement in over two decades, substantially expanding corporate exposure through harmonized offences...
    Czech RepublicCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    New Market For Small And Medium–Sized Companies

    As of 1 June 2012 the Prague Stock Exchange has created a special market segment – START.
    Czech RepublicCorporate/Commercial Law
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    ESG Legal Update: Central & Eastern Europe And Central Asia Regions

    The past year has seen a flurry of regulatory developments related to Environmental, Social and Governance (ESG), particularly in the alignment of climate, environmental and reporting...
    GlobalEnvironment
    Kinstellar
    Kinstellar
  • Article

    The Duties Of A Statutory Body In The Event Of Negative Equity

    If a joint stock or a limited liability company’s accounting period matches the calendar year, the company is obliged to approve its ordinary financial statements by 30 June 2012.
    Czech RepublicCorporate/Commercial Law
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    To The Point: Financial Regulation | 08/2023

    Welcome to our to the point newsletter. Every month we look back at the most relevant developments in the area of financial regulation in the CEE region.
    Czech RepublicFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Crucial Changes To Czech UBO Register Legal Framework – Sanctions Apply From 1 June 2021

    February 2021 – The Czech parliament has recently passed a new Act on UBO Register, no. 37/2021 Coll. (the "New UBO Act") effective from 1 June 2021
    Czech RepublicCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Amendments To Acts Affecting Companies

    A number of important amendments have been made to Acts which affect small to medium-sized enterprises and multinationals operating in the Czech Republic.
    Czech RepublicCorporate/Commercial Law
    TMF Group BV
    TMF Group BV
  • Article

    New Rules For Joint Stock Company Meeting

    New rules for joint stock companies have been introduced in changes to the Commercial Code.
    Czech RepublicCorporate/Commercial Law
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Limited Liability Company After Re-Codification

    Unlike the Commercial Code, the ABC does not provide for any minimum registered capital of the limited liability company.
    Czech RepublicCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Acting On Behalf Of A Company After The Re-Codification

    On 1 January 2014, the re-codification of Czech private law should come into force. One of the institutes that will be changed is acting on behalf of a company.
    Czech RepublicCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Incorporating A Joint-Stock Company

    The joint-stock company is the second most common form of business corporations in the Czech Republic. How to establish such company?
    Czech RepublicCorporate/Commercial Law
    Rutland Jezek
    Rutland Jezek
  • Article

    Management Liability Highlights After Re-Codification

    From 1 January 2014, a new civil and commercial code entered into force imposing stringent obligations on statutory bodies of corporations.
    Czech RepublicCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Regulation Of Corporate Groups In The New Civil Law

    Effective 1 January 2014, the new Civil Code and Business Corporations Act introduced a modified model of management and operation of corporate groups.
    Czech RepublicCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Stop-the-Clock Directive: Transposition Progress In Central And Eastern Europe

    The Stop-the-Clock Directive (Directive (EU) 2025/794), which postpones the application of certain provisions of the EU's Corporate Sustainability Reporting Directive (CSRD)...
    European UnionCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    The EU’s New “High-Risk AI” Rulebook

    The European Commission recently published draft guidelines on the classification of high-risk AI systems under Article 6 of the AI Act. Although the document is non-binding and still open for feedback, the draft guidelines provide the clearest indication to date of how the Commission is likely to interpret one of the most debated aspects of the AI Act in practice: what actually qualifies as a “high-risk AI system”?
    European UnionTechnology
    Kinstellar
    Kinstellar
  • Article

    New Civil Code And Associated Changes

    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.
    Czech RepublicCorporate/Commercial Law
    BBH, advokatni kancelar, v.o.s.
    BBH, advokatni kancelar, v.o.s.
  • Article

    Update On The ESG Reporting Obligations In Bulgaria, Croatia, The Czech Republic, Hungary, Romania And Slovakia

    As the 6 July 2024 deadline for implementation of the EU Corporate Sustainability Reporting Directive (EU) 2022/2464 (the "CSRD", the "Directive") approaches...
    GlobalCorporate/Commercial Law
    Kinstellar
    Kinstellar

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