New regulation for documenting certain facts entered in Commercial Register
The new provisions have created more transparent legal regulation by specifying the list of deeds and documents that must be attached to applications for entry; this list is broken down by individual types of transformations (domestic or cross-border mergers, split up, transfer of assets to a participant, change of the business name), the type of entity and other potential facts.
Squeeze out
In case of squeeze out of minority shareholders, it is now necessary to attach a document to the application for entry into the Commercial Register that demonstrates the major shareholder provided the bank or security trader with the amount necessary for payment of consideration.
Submission of trade authorization no longer necessary
The amended decree also responds to the establishment of the Trade Register and significantly restricts the administrative requirements hitherto; the Register Court itself verifies the existence of the relevant trade authorizations - for example in case of the entrepreneur’s first entry into the Commercial Register or a change in the subject of business. The obligation to document the authorization for business activities now only applies to where such facts cannot be ascertained from the public administration information systems, such as registers, lists or public records.
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30th Advent Concert for the Committee of Good Will – Olga Havlová Foundation
The Advent Concert of Good Will, organised since 1995 by the law firm Kocián Šolc Balaštík for the benefit of the Committee of Good Will – Olga Havlová Foundation, will this year take place on Sunday, 7 December, from 7:00 p.m., traditionally in the concert hall of the Church of Sts. Simon and Jude in the Old Town of Prague. The concert is held under the auspices of the First Lady of the Czech Republic, Mrs Eva Pavlová.
Kyberbezpečnost nově: tisíce firem čekají nové povinnosti. Iniciativa je plně na podnikateli.
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KŠB assisted with the financing of the MOSAIQ Beroun project
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