Good governance / Legal Reform and Transparency
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Spotlight issue
What will change from 2 August 2021 for foreigners with a long-term residence in the Czech Republic?
After two years, there is another amendment to Act No. 326/1999 Coll., on the Residence of Foreign Nationals in the Czech Republic and amending certain laws with related regulations. Let us briefly summarise what the main changes will include and whom they concern.
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Automatic transcriptions of beneficial owners do not work as they should
The new Act on the Register of Beneficial Owners introduced a useful novelty that was supposed to simplify the life of registrants: automatic transcriptions of beneficial owners. Although the law came into force on 1 June 2021, automatic transcriptions still do not work properly. Registrants are often threatened with penalties even if they have not made any mistakes.
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