Știri juridice

Or how to comply with two mutually inconsistent provisions of the Czech Transformations Act, regarding the day as at which a court-appointed expert determines what constitutes adequate compensation for asset transfers to the shareholder. Asset transfers to the shareholder are one of several forms of corporate transformations recognized by the

A simple contractual clause – which the Czech Supreme Court has now confirmed to be perfectly lawful – can save clients a lot of money and hassle if their contractor goes bust. What is this contractual clause which (from the point of view of clients) ought to be included in

Capital improvements to fixed tangible and intangible assets are not uncommon in practice but often raise questions as to their tax consequences. In the Czech Republic, they must be reviewed not only under income-tax aspects but also under the aspect of VAT. First, let’s briefly recap what tax law has

Companies that have neglected compliance can be deleted from the Commercial Register after 1 October 2020 The Ministry of Justice has prepared and submitted to Parliament an amendment to the Commercial Code on corporate law. Major changes are planned for liquidation of companies from 1 July

Hungary: Start date of transparency register uncertain Hungary’s new act on the prevention of money laundering (AML Act) entered into force on 26 June 2017. The act includes provisions on establishing a central register of ultimate beneficial owners (transparency register). By including this provision in the AML Act, Hungary