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.

Spotlight issue

1st December 2020 / Good governance / Legal Reform and Transparency


The basics of insolvency – what to watch out for when dealing with an insolvent counterparty?

Insolvency proceedings mean a great number of restrictions not only for the insolvent debtor. They have also consequences for third parties, their transactions, and their relations to the debtor... Insolvency has an impact on court disputes, the collection of claims, contracts with the insolvent debtor and performances rendered under the same, and legal transactions of the debtor (or legal transactions in which a third party engages toward the debtor).
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1st December 2020 / Good governance / Legal Reform and Transparency


The Electronic Signing of Documents: A Phenomenon in the Time of Digitization, but a Necessity in the Time of Crisis

Czech legislation permits companies, and their clients, to use several kinds of online communication, including those with the use of remote contract signing. Although it is not regulatory news, there are companies that have not yet embraced such digitisation, even in these times. During the coronavirus crisis, interaction without physical presence is not only an interesting bonus, it is an outright necessity. We have therefore summarised key information that will help companies avoid disruption in communication with their customers, continue entering into contracts, and still meet all the requirements of current measures.
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19th November 2020 / Good governance / Legal Reform and Transparency


SAC sanctions CZK 1 mil fine for ‘Svarc’ system

In its June 2020 judgement, the Supreme Administrative Court (SAC) dealt yet again with the ‘Svarc’ system. The court held that a CZK 1 mil fine for allowing illegal work had been rightly imposed by the Labour Inspection Office. The decision should be a warning in particular to entrepreneurs cooperating with individuals/self-employed persons as contractors.
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Members of the American Chamber of Commerce in the Czech Republic