Employer waivers of non-competition clauses must be treated differently by the courts from 2021 Employer's withdrawal from the non-competition clause in the light of the Constitutional Court case law in 2021 Section 310(3) of Act No. 262/2006 Coll. provides that the employer may only withdraw from the non-competition clause for the duration…
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Easing the legal regulation of cannabis cultivation and distribution in the Czech Republic
Change in the legal regulation of the cultivation and distribution of cannabis in the Czech Republic Amendment to the Addictive Substances Act with effect from 1.1.2020 On 1.1.2022 Act No. 366/2021 Coll., which considerably amends Act no. 167/1998 Sb., Addictive Substance Act and some others laws, will come into effect. The consequence of this…
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Sanctions for not entering data in the Czech register of beneficial owners
Sanctions for not entering data in the register of beneficial owners in Czech Republic The Czech Act No. 37/2021 Coll. on the registration of beneficial owners reflected the requirements brought by the so-called 5 AML Directive of the European Parliament and the Council of the EU into the Czech legislation and simplified the registration…
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Possible vagueness of the scope of business in articles of association of Czech companies
What are the practical consequences of the new judgement of the Czech Supreme Court regarding the vagueness of the scope of business in the articles of association, the memorandum of association of Czech companies and the Czech Commercial Register We assume that min. 90% of Czech companies have registered as their scope of business,…
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