Kategorie: Business Law
New system to the employee stock ownership plan (ESOP)
On 10 September 2025, the Chamber of Deputies passed, by the Senate once already returned, amendment to the Income tax Act that introduces an attractive employee stock option program the so-called ESOP (Employee Stock Ownership Plan). This is a major innovation at the time when employers face an increasingly competitive labour market and are looking for …
Read moreBeneficial owner registry in light of current case law
The Czech Supreme Court recently published two important decisions in the area of legal regulation of the beneficial owner registry, namely case ref. no. 27 Cdo 1368/2024 dated 25 August 2025 and case ref. no. 27 Cdo 1548/2024 dated 26 August 2025, thus opening a new chapter in the interpretation of Act No. 37/2021 Coll., on the …
Read moreAmendment to the Accounting Act: changes in entities subject to mandatory non-financial reporting
The European Union has long sought to increase business transparency and place greater emphasis on sustainability. With the adoption of the Non-Financial Reporting Directive (hereinafter the “CSRD”), the obligation to report non-financial information has been significantly expanded. The Czech Republic is now implementing the CSRD through an amendment to the Accounting Act, which, in addition …
Read moreExiting the company: what to do when an agreement is not possible
Introduction When business partners, friends or family members set up or buy a company together through which they intend to implement their business plan, they rarely admit that the initial enthusiasm and harmony may fade over time or that circumstances may change to such an extent that it becomes unbearable for any of the shareholders …
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