As the legal framework is prone to frequent changes and laws and regulations are often amended, entrepreneurs find it difficult to comply with legal regulations. Based on many years of experience in international and Czech corporate law, we offer guidance services focused on corporate governance. Our most common services for Czech and international clients include:
Registration – UBO
On 1 January 2018, legal entities entered in public registers and administrators of trustees entered in the register of trust funds became obliged to enter their beneficial owners in the records kept by registry courts.
In 2021, Act No. 37/2021 Coll., on the registration of beneficial owners, was adopted, which significantly modifies the rules for identifying and registering beneficial owners. Significant changes include the introduction of misdemeanour procedures and civil sanctions associated with the non-compliance with the obligation to register. The law also requires that beneficial owners are published.
We will be happy to help our clients identify their beneficial owners, process complete documentation in accordance with the applicable legislation and submit applications for the entry of beneficial owners with the relevant register court.
Preparation and organization of general meetings
Every company is obliged to hold general meetings in which shareholders approve the financial results for the previous year. The convening procedures need to follow the rules set out by law, in order for the decisions to be valid. Upon your request, we can prepare the general meeting in full, including the production of the required documents and their depositing in the collection of documents of the Commercial Register.
Our services of organizing general meetings include:
- Distribution of invitations and proper convening of the general meeting,
- Processing of all documents and their subsequent keeping in the collection of documents,
- Providing space for holding general meetings,
- If required by law, we will make sure that a notary public is duly included in the process,
- Archiving of documents from the proceedings as required by law.
Changes in the Commercial Register
The obligations of businesses include the duty to make sure that the facts entered in the Commercial Register comply with the reality. Upon your request, we will help you make the necessary changes in the Commercial Register, change the Memorandum of Association, especially as regards changes in the company name, address of the registered office, members of governing bodies, or changes or extensions of the scope of business.
Opening of a bank account
We will provide our clients with assistance in opening a bank account for their business, finding a suitable bank, or a suitable business financing product.
Ad hoc administrative support
- Registration with customs authorities (EORI)
- Licenses and trade licenses
- Processing of documents and their legalization for use abroad (apostille) and superlegalization