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Changes in ultimate beneficial owners recording legislation – a modified definition of the ultimate owner and broader reporting...

On 1 October 2022, an amendment to Act No. 37/2021 Coll., on keeping record of ultimate beneficial owners (the "UBO Act"), 1 came into force which, in order to ensure compliance with the pertinent European Directive,2...more

Amendment to Corporations Act – Brief overview of selected changes

On February 13, 2020, the first major amendment to Act No. 90/2012 Coll., on companies and cooperatives, as amended (the "Corporations Act"), was published in the Collection of Laws. It seeks to reduce the regulatory burden...more

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