Good governance
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
Revamped rules for crowdfunding in the Czech Republic
On 10 November 2021, new rules for crowdfunding will come into force. However, these rules will not affect consumer financing (as represented e.g. by the zonky.cz project: people lending to people), but strictly to entrepreneurs and SMEs and loans in amounts of up to EUR 5 million.
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Employers in Czech Republic may face new reporting obligations
Under the proposed amendment to the Czech Employment Act, employers will have to report:
job vacancies, including information about such positions, within 10 days;
employment, and changes to and termination of the positions of employees who are not participating in the sickness insurance scheme, within 8 days;
the fact that they employ staff who are not participating in the sickness insurance scheme, within 8 days.
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The voting for the 12th Act of the Year has begun. There are five nominees to choose from
For the twelfth time already, the expert public will be choosing the legislative act of the year. In the Act of the Year 2020 survey, the organisers are selecting the best legal norms with a positive impact on the business environment in the Czech Republic. This year’s edition includes 5 nominees. The voting continues until 11 April 2021 and the announcement of the results will take place online on 20 April 2021.
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