Major amendments to the Commercial Code have been introduced. Of particular practical importance are the new rules relating to reorganizations, takeover bids, corporate groups, and information and documents to be submitted to the Commercial Register.
Trade law regulations in the Czech Republic have a very broad scope, affecting every activity of every business. Therefore, every business person should familiarize himself with the Trade Licensing Act and particularly with the amendments to this act which came into force earlier this year.
Including: Foreign Business; Types of Companies
Faced with international competition in its efforts to persuade investors to locate in the Czech Republic, the government recently introduced statutory investment incentives to help the country regain its reputation as one of the most attractive industrial sites in Central Europe. This update explains the new measures.