Aktualności prawne

Changes in corporate law From 01.01.2016 a company will be deemed “in crisis” when insolvent or when the rate between its equity and its liabilities is below 4:100. This ratio will increase to 6:100 in 2017 and to 8:100 in 2018 and later. Any repayment made by the company “in

Hungary: The aim of the June 2015 amendment is to develop competition awareness and to set up more detailed procedural rules for the GVH (Hungarian Competition Authority) New type of sanction for SMEs The new regulation enables the GVH to issue a warning instead of imposing a fine

Czech Republic: New rules on jurisdiction, recognition and enforcement of judgments in civil and commercial matters as of 10 January 2015 The recast Brussels regulation (Regulation (EU) No 1215/2012 on jurisdiction and the recognition of judgments in civil and commercial matters recast) introduces a simplified procedure for the recognition and

Germany: Only half a year after implementation of a minimum wage law, documentation requirements for employers are already being relaxed. Until now the documentation requirement was limited to a monthly income of 2.958,00 EUR. As long as this threshold was not exceeded, employers were no longer subject to the strict

Lithuania: Simplified requirements will apply for a newly distinguished “micro-companies’” group. This will cover most Lithuanian companies. A company will be treated as a micro-company if at least two years in a row it does not exceed at least two of the following criteria: Property value in the balance