NEWS & PUBLICATIONS
Vertragsrecht in der Tschechischen Republik – Teil 1
Das tschechische Rechtssystem hat aufgrund der Neufassung des Zivilrechts vom 1.1.2014 einen grundlegenden Wandel erfahren, welcher auch das früher geltende Vertragsrecht in seinen Grundzügen verändert hat.
Priorities of the New Czech Government
A new pro-western government comprised of a centre-right coalition of 5 parties was sworn in shortly before Christmas in Czechia.
Salary Rates in the Czech Republic in 2022
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.
The Virtual Notary
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.
Less Aggressive Electronic Communication
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.
AirBnB (Almost) Unchained
The High Court in Prague found in its recent ruling that the Community of Unit Owners (CUO) 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 Court in Prague, which had ruled in favour of the CUO.
Jak správně zažalovat škodu způsobenou zaměstnancem při plnění jeho pracovních povinností
Výše uvedeným se zabýval Nejvyšší soud ve svém rozsudku ze dne 26.10.2021, sp. zn. 25 Cdo 1029/2021, a to zejména v souvislosti s novou právní úpravou obsaženou v zákoně č. 89/2012 Sb., občanský zákoník, ve znění pozdějších předpisů (dále jen „o. z.“).
Czech General Election 2021
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 liberal parties received a clear majority in the House. Overall, the outcome of the vote is widely considered as a victory for liberal democracy in the Czech Republic.
CNB Interest Hike to Combat Strong Inflation
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. The annual inflation rate based on index of consumer prices reached 4.1 % in August, being the highest since 2008.
The New Building Act Promises a Better Tomorrow
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.
Supreme Court Puts the Articles of Association Under Threat
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.
Joint Ownership of Spouses: Always 50-50?
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.