Știri juridice

  • news

    All joint-stock company bodies may be represented by one person

    Czech Republic: From 1 January 2014, joint-stock companies may elect to use the one-tier governance model As of 1 January 2014, Czech joint-stock companies may choose which model of corporate governance they wish to follow: either the so-called two-tier system or the one-tier system. The two-tier system (which was the

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  • news

    Remuneration of Managing Directors, BoD Members, and Supervisory Board Members

    Czech Republic: The new Corporations Act, has brought major changes to the legal framework within which the elected bodies of corporations are being remunerated. In the opinion of a majority of experts, an incumbency agreement (manager agreement) ought to be concluded if the person acting in the office of managing

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  • news

    Duty to disclose company particulars on the internet

    Czech Republic: All joint-stock companies must create their own website and post mandatory data on that site as stipulated by the law - e.g. invitations to the general meeting or their financial statements. As of 1 January 2014, the Corporations Act requires all joint-stock companies to create a company website

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  • news

    Loan interest

    Czech Republic: How to properly reduce one's tax base using loan interest Tax payers who make use of a loan under a contract with a building loan society or a mortgage-backed bank loan to finance their personal housing needs are entitled, under the Czech Income Tax

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    EU funding vs. VAT deduction

    Lithuania: Even though a new EU funding period began, some undisclosed tax-related problems still remain, e. g. deduction of input VAT. Even though a new European Union (EU) funding period began in 2014 (one of its priority areas is business support), some undisclosed tax-related problems still remain. One of these

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