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New Types of Investment Incentives and Easier Access

The amendment of the Act on Investment Incentives, effective from 1 May 2015, introduces a new type of support (exemption...

Easier enforcement of judgements abroad

A survey conducted in 2010 found that up to 40% of companies were willing to expand to more foreign markets,...

Establishment of a company and power of attorney in the form of a notarial deed

Capital companies, i.e. limited liability and joint stock companies, are established by a Memorandum of Association, which must take the...

Amendment of the Public Procurement Act

Act No. 40/2015 Coll., which amends Act No. 137/2006, on public procurement (hereinafter “PPA”) came into effect on 6 March 2015....

Liability for damages when exercising self-help

Section 6 of the Civil Code, Act No. 40/1964 Coll., stated that an owner had the right to protect its...

Planned Amendment of Trust Fund Legislation

A major amendment of the Civil Code, the Act on Public Registers and other legislation that will have a major...

Concurrence of Executory and Insolvency Proceedings

On the face of it, a number of connections between executory proceedings under Act No. 120/2001 Coll., the Execution Code...

PUBLIC PROCUREMENT: Cross-Border Contracts and the Provision of Foreign Minimum Wage

Entrepreneurs who send their employees to another EU Member State to provide services under a contract with a customer (client),...

End of Half-Transfers in Auto Sales Business

On 1 January 2015, an amendment of Act No. 56/2001 Coll., on conditions for the operation of vehicles on the...

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