Czech Republic

Register of Beneficial Owners

Obligations of business corporations: do not underestimate their regular updating

Do not underestimate regular reviews of your obligations as a company In the Czech business environment, there are many obligations that every business corporation must comply with. Especially for foreign entities, it can be somewhat challenging to navigate the ever-changing legislation and comply with all newly set rules. Let us briefly summarise the obligations: Registrations […]

What does the amendment to the Register of Beneficial Owners Act bring about?

1 October 2022 is the date when the amendment to Act No. 37/2021 on the register of beneficial owners (“Register of Beneficial Owners Act” in Czech language) comes into force after being approved by the Chamber of Representatives on 7 July 2022, passed by the Senate and then signed by the President. The amendment was adopted […]