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Category Archives: Czech legal news

The Cost of Early Mortgage Repayment in the Czech Republic

Efficiently spent costs caused by an early repayment of the mortgage What costs can a bank require to be reimbursed by the consumer in connection with an early repayment of a consumer credit for housing?   On March 7, 2019, the Czech National Bank issued a statement on the concept of "efficiently spent incurred costs…
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Czech Tax Package 2019

Czech Tax Package 2019 The recent changes of Czech tax law includes various changes of income tax, VAT, flat-rate expenses for private entrepreneurs, new rules against abuse of the tax regime     On 27 March 2019, it was published in the Collection of Laws Act No. 80/2019 Coll., amending certain tax laws and some…
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Czech Brexit Act

Czech Lex Brexit. Legalization of residence of United Kingdom citizens in the Czech Republic in case of so-called hard Brexit.     Czech Act on Brexit. Czech Brexit Law   Deal scenario   The Withdrawal Agreement anticipates a transition period lasting until December 31, 2020, with the possibility to extend it until the end of…
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Concurrence of executive position and employment under Czech law

Concurrence of executive position and employment relationship under Czech law       CONCURRENCE OF BOARD (EXECUTIVE) POSITION AND EMPLOYMENT IN CZECH REPUBLIC   The parallel existence of membership in the Czech company’s statutory body (i.e. board member, executive, managing director), and a position as an employee (manager) in the same company (“concurrence”) has become…
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