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
Legal Alert - Brexit and GDPR: Commission adopts adequacy decisions
The European Union (EU) has formally recognised the UK’s high data protection standards after more than a year of talks
Key elements of the adequacy decisions
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Definition of the company’s scope of business
As a result of recent Supreme Court Decision NS 27 Cdo 3549/2020, we recommend that companies recheck the correctness of the scope of their business, which is recorded in the commercial register and stated in the memorandum or articles of association. According to the above case law, business activity defined only as “manufacturing, trade and services not listed in Annexes 1 to 3 of the Trade Licensing Act” is considered as having no legal effect because of the lack of detail, and therefore shall be disregarded.
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What does the latest Food Act amendment mean for consumers and businesses?
The Czech Act on Food and Tobacco Products No. 110/1997 Coll. (“Food Act”) has been recently amended and most of the changes became effective as of 12 May 2021.
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