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Czech Republic: New Regulation on Registration of Ultimate Beneficial Owners of Legal Entities

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In brief On 1 June 2021, Act No. 37/2021 Sb., on Registration of Ultimate Beneficial Owners (“Act”), will take effect, implementing Directive (EU) 2018/843 of...

Czech Republic: Update on Obligatory Testing of Employees

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The Czech government has extended the obligatory testing of employees to employers employing between 10 and 49 employees. Please find below answers to the most common questions related to the testing.

Czech Republic: COVID-19 – Impact of lockdown on employment relationships

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The epidemiologic situation has led the Czech Government to order a lockdown for three weeks, from 1 to 21 March 2021. Below is a summary of measures that have an impact on employment relationships. 

Czech Republic: COVID-19 – Obligatory testing of employees

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The Czech government has implemented obligatory testing of employees. Please find the details below.

Czech Republic: Plans to regulate medical device advertising over and above the MDR’s requirements

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In brief In relation to the adaptation of Regulation (EU) 2017/745 of the European Parliament and of the Council of 5 April 2017 on medical...

Europe: Post-COVID-19 Cross-border remote working: managing tax risks

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The pandemic has impacted our lives in many ways, but for many of us, one of the most affected areas has certainly been work.COVID-19...

Czech Republic: Changes to the evidence of ultimate beneficial owners in the Czech Republic

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The Czech parliament is adopting a new regulation with respect to the registration of ultimate beneficial owners (i.e. persons with ultimate decisive influence on or with ultimate economic benefit from the company) ("UBO"). Although the obligation of companies to register their UBOs has already existed for some time under the Czech regulatory regime, it has shown to be insufficient in practice as the absence of any penalties or sanctions has led to the vast majority of business corporations still neglecting this obligation to register their UBOs.The new regulation will maintain the obligation to evidence the UBO in the register, but it will also impose a variety of sanctions on companies not compliant with the new UBO regime. We expect such changes to be adopted in the next few months.

Czech Republic: COVID-19 – Restrictions adopted as of 22nd October 2020

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Please find below a summary of measures adopted by the Czech government in order to prevent the spread of the COVID-19 in the Czech Republic, with effect from 22nd October 2020.

Czech Republic: Baker McKenzie for Startups

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Welcome to the “BM for Startups” project by Baker McKenzie PragueThe program is intended for startups in the area of IT and online services...

International: COVID-19 Global guide on public contracting

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In light of the global pandemic, governments across the globe are faced with urgent needs whose immediate coverage is a matter of life and death. Hence, these unusual and uncertain times call for rare and exceptional measures, and without much ado, governments around the globe have provided them. Common to all approaches is the will to enable public contractors to procure the urgently needed supplies to save lives and contain the pandemic without major bureaucratic hurdles.
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