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Real Estate Tax Changes

Real Estate Tax Changes

An overview of the most important changes of the Real Estate Tax Act as of January 1, 2024. It will answer questions about a tax rate increase, tax exemptions and the need to file your property tax return.

Business Transformation Made Easier

Business Transformation Made Easier

The article analyses the newly adopted Act on Conversions of Commercial Companies and Cooperatives which i.a. creates new legal definitions in the field of conversions, mergers and divisions and brings more transparency for shareholders.

Financial Assistance is Now Legal

Financial Assistance is Now Legal

With effect from 1 March 2024, the provision of financial assistance by joint stock companies is permitted.

IBA Conference in Lisbon – Martin Holler as Co-Moderator

IBA Conference in Lisbon – Martin Holler as Co-Moderator

Martin Holler will co-chair this session at the International Bar Association’s 14th Annual Real Estate Investments Conference in Lisbon on 10–12 April 2024.

UIA Seminar in Prague – Dr. Ernst Giese as Member of the Organizing Committee and Martin Holler as Speaker

UIA Seminar in Prague – Dr. Ernst Giese as Member of the Organizing Committee and Martin Holler as Speaker

The UIA seminar in Prague on 18-19 April 2024 will analyse how to estimate, prevent and manage the parties “exposure” to damages in international commercial contracts.

Who Pays the Bill for Anti-Covid Measures?

Who Pays the Bill for Anti-Covid Measures?

The Supreme Court of the Czech Republic opens the way for those who have been damaged by measures during the pandemic to claim compensation from the state.

The Future of the Constitutional Court Depends on the Past of Its Judges

The Future of the Constitutional Court Depends on the Past of Its Judges

Newly elected President Peter Pavel faces both a major challenge and a unique opportunity to shape on important part of the legal system.

Whistle-Blowers’ Protection – Is Your Company Prepared?

Whistle-Blowers’ Protection – Is Your Company Prepared?

The Czech Republic has finally joined most other EU countries and fulfilled its obligation to implement an EU directive on the protection of persons reporting breaches of Union law (also known as whistle-blowers) into the Czech legal system.

Changes in the Czech Labour Code

Changes in the Czech Labour Code

After a long period of preparation and discussion, the Labour Code has finally been amended. We bring you the most important changes that employers have to apply from 1 October 2023.

Charges for Early Mortgage Repayment Unlawful

Charges for Early Mortgage Repayment Unlawful

This is what the Prague Municipal Court, acting as an appellate court found with final legal force (The reimbursement of interest costs charged by a bank for early repayment of a mortgage was illegal and constituted unjust enrichment).

Attorney Escrows – New Rules

Attorney Escrows – New Rules

In certain projects such as, real estate transactions it can be in the best interests of clients to use an escrow mechanism. There are different types of escrows, whereas an attorney escrow is one of them.

Act on Preventive Restructuring Finally There!!!

Act on Preventive Restructuring Finally There!!!

The all new act on preventive restructuring allows an entrepreneur (a legal person) to conclude an agreement with its creditors (all or some of them) in the form of a restructuring plan on how to resolve its financial difficulties.

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