Penalties on Cash Payment Cap Alleviated
The bottom penalty limit of ten thousand Czech crowns has been cancelled. This is good news since the fine of ten thousand Czech crowns had to be imposed on even minor violations of the Act. The top limit for penalization has been reduced from five million to half a million Czech crowns, but this applies only to individuals. While legal entities are still subject to the top limit of five million Czech crowns, a release from liability has been introduced for them. Legal entities that wish to be released must give sufficient evidence that they have exerted all reasonably expected efforts to avoid the breach of the statutory duty. Liability may also expire if the authority in charge fails to initiate proceedings on a committed delinquency within 1 year after having learned thereof.
Other articles
Helena Navrátilová on Three Decades of the Advent Concerts of Good Will
KŠB partner Helena Navrátilová was recently interviewed on S dobrou vůlí, the podcast of the Committee of Good Will – Olga Havel Foundation. Speaking with editor Veronika Širc, Helena talked about the origins and history of the Advent Concerts of Good Will, which KŠB has been organizing for over thirty years.
KŠB advises LIPOELASTIC founders on the sale of LIPOELASTIC Group
KŠB, in collaboration with investment advisers from the Roklen Group, advised LIPOELASTIC Group founders Alena and Tomáš Hradil on their exit from the group, which they had built up over almost twenty-five years.
Chemistry Brings People Together: KŠB at the 2026 Evening of Czech Chemistry
Czech chemistry and the chemical industry are built on innovation, responsibility and the people who drive the field forward. On Thursday, 22 October 2026, leading figures from the field and industry representatives came together at the Grand Hotel International Prague for the Czech Chemical Industry Association’s annual Evening of Czech Chemistry.
