News & Publications
A new pro-western government comprised of a centre-right coalition of 5 parties was sworn in shortly before Christmas in the Czech Republic. The process of formation of the government was surprisingly smooth, especially in the light of previous comments by president Miloš Zeman who took no scruple to strongly support the incumbent prime minister and […]
Legislation regarding wages is usually amended at the beginning of the new year. Since 2015 the minimum wage has been regularly increased every year. 2022 is no exception. Below is a basic overview of the minimum, guaranteed and average salary rates for 2022. Minimum Salary The minimum monthly salary for 2022 is CZK 16,200 (i.e. approx. […]
An important amendment to the Act on Notaries and their Work Activities (Notarial Procedures) entered into force. It aims at digitalization of notarial activities and protection against fraud relating to verification of signatures or notary deeds. The most significant changes are: Electronic Notary Deeds The first novelty is distant execution of notary deeds (with the […]
The amended act on supported energy sources is officially meant to support the development of renewable energy sources in the interest of environmental protection. In reality it does the opposite. The most important change is the new lower internal rate of return (IRR) of 8.4 % to 10.6 %. The exact rate will be set by a […]
The latest amendment to the Czech Electronic Communications Act supports the construction of high-speed internet networks and introduces important rules to better protect consumers. One of the most important changes concerns the rules for telemarketing. Previously, contacting of potential customers was based on the opt-out principle. Telemarketing operators were entitled to contact consumers entered into […]
The High Court in Prague found in its recent ruling that the Community of Unit Owners (CUO; in Czech typically abbreviated as “SVJ”) cannot restrict apartment owners who choose to rent out their apartments for short-term rentals, for example through the Airbnb platform. It upheld the apartment owner’s appeal against the decision of the Municipal […]
by Mgr. Renáta Sedliačková / JUDr. Valter Pieger
Employers may face obstacles which force them to limit their business activities and reduce the number of employees. Several lockdowns during the Covid-crisis in the past two years are perfect and fresh examples. To avoid this, a new instrument for maintaining of jobs has been introduced as of March 2022. Troubles while conducting business The […]
by JUDr. Zuzana Tužilová / Mgr. Veronika Kvašňovská
Slovakia has launched a new mandatory system for single use beverage packaging. The new legislation is inspired by other European countries, where this system is well-established. For many years, it has successfully helped to reduce waste from the streets, CO2 emissions and to facilitate waste separation. The majority of beverages packed in single use packaging is […]
by JUDr. Ondřej Rathouský / Mgr. Ing. Lenka Charvátová
Giese & Partner has long-standing experience with representation of clients who lost their property in the course of the communist regime. In the last years, Giese & Partner has focused especially on restitutions of the historical property of churches. The churches faced systematic oppression and loss of their property during the communist regime. Many representatives […]
Dr. Ernst Giese as Panellist: EECC Online Conference “A Wake-up Call for Sleepy Companies?”, 25.11.2021
On 25 November 2021, Dr. Ernst Giese, partner of Giese & Partner, will take part as speaker in Session 1 of the Eastern European Countries’ Committee Online Conference “A Wake-up Call for Sleepy Companies?”. […]
The Czech general election in early October and their impacts have brought many moments of surprise. First of all, incumbent Prime Minister Andrej Babis’ ruling party was defeated by two centre-right coalitions of 5 parties. The most extreme populists and the communists have not made it into the Parliament, while […]
In early October, the Czech National Bank (CNB) took an action the market had not seen for more than two decades: the CNB raised its reference rate by 75 basis points taking the two-week repo rate to 1.50 %. The unexpected move was driven by higher-than-expected inflation data. […]
Despite many obstacles during the legislative process, a completely new Building Act was adopted in July 2021 by the Czech Parliament, entering into force (with a few exceptions) on July 1, 2023. Its main goal is to accelerate and make the building permitting process more efficient. […]
The lease of an apartment or a building is a timeless topic in the Czech legal system. One of the most resounding issues is the allocation of rights and obligations between the lessor and the lessee, which is governed by the principle of protection of the weaker party. […]
Do your company’s articles of association include a general specification of its object of business “Manufacture, trade and services not specified in Annexes 1 to 3 to the Trade Licensing Act”? Do they lack a precise specification of the activities? In this case, an amendment to the articles of association is highly recommended. […]
A marriage establishes new rights and duties between the spouses. It doesn’t change everything, but for example a new property regime is established once the marriage is formed. Any income or property acquired during the marriage unless explicitly excluded by a contractual arrangement, belongs to both partners equally. […]
The new legislation concerning the register of ultimate beneficial owners (UBO) became a major topic this year. The main reason were new sanctions associated with the non-registration of the UBO, in particular […]
The new Act on Protection of Competition brings many important changes that everyone doing business in Slovakia should be aware of. The former act was limited to natural or legal persons registered in the commercial register or other registers. Now the law applies to any entity performing business activities or other activities which […]
by JUDr. Valter Pieger / Mgr. Veronika Kvašňovská
Reaching the Retirement Age – a New Reason for Termination […] / Health and Safety Rules Apply to Home Office […] / Automatic Update of the Data in the Commercial Register […]
Martin Holler as Speaker: Online Seminar “Digital Customer Interaction: How to Create Trust, Security and a Feeling of Proximity?”, 4.11.2021
Martin Holler will take part as one of the speakers in an online seminar on the latest trends in sales management and how to provide personalized and trusted consultancy online.
S vrcholovými vedoucími zaměstnanci je možné dohodnout možnost odvolání z vedoucího pracovního místa za předpokladu, že bude zároveň dohodnuto, že se vrcholový vedoucí zaměstnanec může tohoto místa vzdát. Byť zákoník práce nepředepisuje písemnou formu, s ohledem na právní jistotu tuto formu důrazně doporučujeme. […]
Kdy se stane zaměstnanec skutečně nadbytečným a musí být k tomu okamžiku dosaženo také cíle organizační změny?
Rozvázání pracovního poměru výpovědí z organizačních důvodů je jednáním z nejčastějších důvodů jednostranného skončení pracovního poměru ze strany zaměstnavatele. Kdo se zabývá pracovním právem, ví, že k platnému skončení pracovního poměru z tohoto důvodu je třeba přijmout rozhodnutí zaměstnavatele o takové organizační změně a stanovit v něm i účinnost této organizační změny. […]
Haben Sie Geschäftspartner in der Slowakei, die nicht zahlen? Konkurs ist eine der Möglichkeiten, Ihr Geld vom Schuldner zu bekommen
by JUDr. Valter Pieger / Mgr. Veronika Kvašňovská
Haben Sie einen zahlungsunfähigen Schuldner? In diesem Artikel finden Sie alles, was Sie vor Gericht benötigen, um über das Vermögen Ihres Schuldners Konkurs anzumelden.
Nejvyšší soud ČR se ve svém nedávném rozhodnutí zabýval otázkou, zda může dát zaměstnavatel zaměstnanci souhlas s vykonáváním výdělečné činnosti, která je shodná s předmětem činnosti zaměstnavatele ve smyslu ustanovení § 304 zákoníku práce (tzv. „konkurenční činností zaměstnance“) […]
Dr. Ernst Giese, country coordinator of INSOL Europe for the Czech Republic and Prof. Tomáš Richter, chair of the INSOL Europe Academic Forum, discuss reforms and challenges of the national insolvency framework to address the current crisis and other key issues in the Czech Republic.
Giese & Partner is pleased to welcome new members of our Prague and Bratislava teams!
Martin Holler als Redner: DTIHK Online Seminar „Die virtuelle Geschäftsstelle – Nähe, Vertrauen und Sicherheit im digitalen Raum“, 21.10.2021
Martin Holler, Partner von Giese & Partner, nimmt am 21.10.2021 als Redner an dem DTIHK Online Seminar „Die virtuelle Geschäftsstelle – Nähe, Vertrauen und Sicherheit im digitalen Raum“ teil.
Giese & Partner was ranked by IFLR 1000 (Rankings 2021) as recommended law firm in Banking and Finance, M&A and Restructuring/insolvency in the Czech Republic, and in Banking and Finance and M&A in Slovakia.
Giese & Partner is pleased to announce that our Slovak colleagues Zuzana Tužilová and Valter Pieger have been promoted to senior associates at our branch in Bratislava.
Martin Holler als Redner: DTIHK Online Seminar „Die virtuelle Geschäftsstelle – Nähe, Vertrauen und Sicherheit im digitalen Raum“, 15.06.2021
Martin Holler, Partner von Giese & Partner, nimmt am 15.06.2021 als Redner an dem DTIHK Online Seminar „Die virtuelle Geschäftsstelle – Nähe, Vertrauen und Sicherheit im digitalen Raum“ teil.