Information from the General Financial Directorate on trust funds
The General Financial Directorate published information on its website on registering trust funds, according to which such funds may be established as of 1 January 2014 pursuant to the new Civil Code.
Since trust funds have no registered office, trust fund taxes are administered by the Financial Office for the City of Prague. The administrative territorial department is the Territorial Department for Prague 7.
If an immovable item constitutes a part of the assets in a trust fund, the tax is administered by the financial office in whose territory the relevant immovable item is located.
Other articles
When too much prevention does more harm than good
At the end of 2025, the Supreme Court of the Czech Republic ruled that the preventive retention of traffic and location data under the Electronic Communications Act infringes the rights of the persons whose data is concerned.
KŠB Advises on the Establishment of FIDUROCK Retail Parks Fund SICAV
Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.
KŠB Announces Senior Appointments: Ivo Průša Named Partner; Dana Jacková, Jana Guričová and Ján Béreš Promoted to Counsel
Kocián Šolc Balaštík (KŠB) has recently made several senior appointments within its leadership team. Ivo Průša has been named Partner as of 1 January 2026, while Dana Jacková, Jana Guričová and Ján Béreš have been promoted to the position of Counsel.
