Aktuaalsed õigusteemad

  • uudised

    What to do with the statutory reserve?

    Czech Republic: As of 1 January 2014, limited liability companies and joint-stock companies are no longer obliged to create a statutory reserve. As of 1 January 2014, matters of corporate governance are addressed by the Corporations Act, which (save for a few special cases) does not require limited liability companies or joint-stock companies to

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  • uudised

    One and the same person in a double executive/supervisory role at a joint-stock company?

    Czech Republic: As of 1 January 2014, joint-stock companies may elect to use the one-tier governance model The new private law has arrived, and with it a new option for joint-stock companies to opt for the one-tier system of corporate governance under which a corporate executive officer and an

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  • uudised

    New leasing industry regulations

    Belarus: Presidential Decree amending regulation of leasing in Belarus enters into force on 1 September 2014. New Presidential Decree No. 99 dated 25.02.2014 empowers the Belarus National Bank to regulate and control leasing. Under the new rules, leasing companies must be entered by the National

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  • uudised

    Change of law on foreigners

    Poland: Simplified procedure for obtaining temporary residence and work permit plus longer validity periods as of 1 May 2014 In December last year the Polish parliament adopted a whole new law on foreigners. Coming into force on 1 May 2014 this will replace the old law of 2003. In the

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  • uudised

    Obligations of statutory bodies regarding financial statements

    The basic duties of entrepreneurs include bookkeeping and annual preparation, approval and filing of financial statements. Statutory bodies have to present their financial statements for approval to the shareholders' meeting. Financial statements are filed with the Register of Financial Statements (Register). If the shareholders' meeting does not approve the financial

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