News

Register of beneficial owners: part I – changes Dear Clients,In less than 2 months, on 1 June 2021, new Act No. 91/2021 Coll. regulating the Register of Beneficial Owners (the “RBO Act”) will enter into effect, as a result of national transposition of the relevant EU...

Register of beneficial owners: part II – ways of registration into the register of beneficial owners Dear Clients, In Part I, we informed about the new duties imposed on entrepreneurs by new RBO Act No. 91/2021 Coll., regulating the Register of Beneficial Owners (the...

Corporations – remember the deadline by 1 April 2021 for registration of an authorized representative into the Commercial Register The deadline for legal entity members of elected bodies of other corporations is approaching (Section 46 of the Business Corporations...

Register of Beneficial Owners: Part IV – Public Information Dear Clients, In the previous parts, we informed about the new duties imposed on entrepreneurs by new RBO Act No. 91/2021 Coll., regulating the Register of Beneficial Owners (the “RBO Act “), about the modes...

Reduced Scope of Community Propertyand Enforcement of a Judgment againstOne of the Spouses     Enforcement of a judgment to collect a debt incurred during a marriage by one spouse only cannot be conducted against any property which was part of a dissolved...

Amendment of the Business Corporations Act – Part 2 We are back with more novelties which have been introduced in the corporate law, effective as of 1 January 2021. Agreement on the Performance of Office An agreement on the performance of office is an agreement...

Two highlights in the amendment of the Business Corporations Act worth noticing upon taking effect On 1 January 2021, an amendment of Act No. 90/2012 Coll., the Business Corporations Act (the “BCA”) took effect. The following two highlights in the amendment should not...