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Category Archives: Czech legal news

Asset deal and sale of a business (enterprise) in Czech Republic

Asset deal and sale of a business (enterprise) in Czech Republic
Acquisition of a business by way of (i) asset deal and (ii) sale of a business (enterprise) in Czech Republic   This information is intended to provide a high level outline of the main legal and tax issues to be considered by a prospective buyer (“ Purchaser”) with respect to the available structures for the…
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New Act on records of beneficial owners in 2021

New Act on records of beneficial owners in 2021
Change regarding records of beneficial owners, sanctions for non-entry of details and false registration and other changes from 2021   Government bill on the Records of Beneficial Owners   In June 2020, the Government of the Czech Republic submitted a bill on a new act on the records of beneficial owners to the Chamber of…
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Employer’s withdrawal from the non-competition clause in the light of the current case law of the Constitutional Court of the Czech Republic

Employer’s withdrawal from the non-competition clause in the light of the current case law of the Constitutional Court of the Czech Republic
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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