Kategorie: Corporations
Whistleblower protection – Lessons learned regarding the designated person
Just under two years ago, Act No. 171/2023 Coll., on whistleblower protection (the “WPA”), came into effect, through which the legislator (belatedly) transposed the Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law. Introduction Since its adoption, the …
Read moreFrom competition clause to legal uncertainty: the Supreme Court’s controversial interpretation in its decision 27 Cdo 1236/2024
The decision of the Supreme Court of the Czech Republic, Case No. 27 Cdo 1236/2024 of 27 January 2025, represents a significant, but at the same time controversial, intervention in the interpretation of competition clauses negotiated in contracts on the performance of the office between members of governing bodies and business corporations. The key issue …
Read moreApproval of financial statements for 2024: How to do it?
The deadline for discussion and approval of financial statements for 2024 is approaching. The process of approving financial statements involves a number of steps that must be taken, and failure to comply with these steps may have serious consequences for the company and the members of the governing body. It is thus advisable to plan …
Read moreCompulsory registration of establishments
According to the Trade Licensing Act, entrepreneurs are obliged to indicate in the Trade Licensing Register not only the address of their registered office, but also the address of each establishment where they carry out their business activities. The obligation applies to all business premises, regardless of their nature – whether it is a shop, …
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