Key considerations for Germany when employees are working from abroad
Article that has been written by Dr. Matthias Hinz at Warwick Legal Network member firm ebl esch & kramer in Düsseldorf.Read more
We contributed to this guide, which has been created by the WLN Corporate M&A Focus Group and currently includes guides from 16 different countries.Read more
On 1 July 2021, an amendment to the Employment Act came into effect introducing new institute of the so-called "short-time working" allowance. This is intended to be anti-crisis measure – kind of benefit for situations when it is necessary to support keeping of jobs whose preserving is exposed to external factors. Providing of this support requires its activation based on issuing of governmental order. The reasons for issuing of such a governmental order may be of an economic nature, or may arise due to a nRead more
On 1 July 2021, Act No. 588/2020 Coll., the Surrogate Maintenance Act for dependent child came into effect.
The purpose of this act is help to single parents and their dependent children who do not receive a set amount of maintenance from the other parent or from the person who has a maintenance obligation to the dependent child. Surrogate maintenance is a kind of social benefit provided by the state. The amount of surrogate maintenance will be limited to the maximum of CZK 3.000,- monthly. In general, howRead more
The Amendment to the Trade Licensing Act within the Measures against the Legalization of Proceeds from Crime and Terrorist Financing08.07.2021
On 1 January 2021, the Act No. 527/2020 Coll., amending the Act No. 253/2008 Coll., on Certain Measures against the Legalization of Proceeds from Crime and Terrorist Financing as amended and other related acts, acts related to the adoption of the Act on the Registration of Beneficial Owners and Act No. 186/2016 Coll., on Gambling, as amended, entered into force. This Act amends also the Act No. 455/1991 Coll., on Trade Licensing (Trade Licensing Act), as amended.
The Trade Licensing Act includes now new arRead more
New Act on Collection of Legal Regulations of Territorial Self-governing Units and Some Other Administrative Authority11.05.2021
On 3rd February 2021 Act on Collection of legal regulations of territorial self-governing units and some other administrative offices waspromulgated, which enters into effect on 1st January 2022.
The objective of this Act is the establishment of legal certainty for addressees of regulations of territorial self-governing units, and so to create a Collection, where these rules will be published.
Thus, the information system of legal rules will be established, in which a comprehensive modern database willRead more
Act on the Registration of Beneficial Owners, which comes into effect on June 1, 2021, regulates besides offences also other sanctions which relate to non-registration of beneficial owner into the register of beneficial owners. This specific issue is analyzed in this news.
First of all, it is necessary to introduce private law sanctions, which are connected with participation of a shareholder in the company.
If the beneficial owner of a business corporation is not registered in the register of beneficialRead more
As we stated in the last news, this information letter will, among other things, discuss in more detail the offenses and other sanctions introduced by the new Act on the Registration of Beneficial Owners, which enters into effect on 1.6.2021.
First of all, it is necessary to mention the offense committed by the registrant (i.e. the person who has the beneficial owner), if this person does not ensure the entry of any data in the register of beneficial owners even at the request of the court.
Furthermore, iRead more
On 3 February 2021, Act No. 37/2021 Coll., The Act on Beneficial Owners, was published in the Collection of Laws, which will enter into effect on 1 June 2021. This act responds to Directive 2018/843 of the European Parliament and of the Council of the EU (V. AML Directive) of 30 May 2018.
The aim of this act is to transpose into the national law some of the new requirements concerning beneficial owners, which are contained in the V. AML Directive.
This new legislation enshrines a more precise definitionRead more
On September 9, 2020, a judgment of the grand chamber of the civil law and commercial law collegium of the Supreme Court was issued in file No. 31 Cdo 684/2020. This judgment among other thing reacts on preceding decision of Supreme Court of 1 October, .2018, No. 28 Cdo 5711/2017 concerning of interpretation provision S. 1987 Subs. 2 Civil Code. Given different juridical opinions of different chambers of the Supreme Court a question arose, whether is it possible to judge claim as uncertain or indefinite onlRead more