As of 1st May, 2015 new legislation affecting the area of the Commercial Register (the registration process) came into the force. This new legislation is brought by the Act No. 303/2013 Coll., on amendments of certain legal acts due to recodification of civil law, which, inter alia, supplements missing statutory provisions specifying the fees for registration of entries in the Commercial Register executed by Notaries.
As of 1st May, 2015 the theoretical possibility to register a new entry in the Commercial Register by a Notary came into life.
As we find this novelty quite exiting, we feel it may be good to take a closer look at the new legal framework given for the Commercial Register. The aim of this Newsletter is to provide a short comparison of the old and new regulation principles and highlight to you the fundamental principles of the new framework with emphasis on the most important changes and emerging risks from this new regulation framework.
