Tips and advice

There are several ways to combine two companies. In this article we will take a look at the meaning of the terms, which are often confused and overlap with each other. You will find out what mergers, acquisitions, mergers by acquisition, mergers by the formation of a new company, and other forms of company transformations are and how they are different.…

Is it really possible today to form a company quickly and at minimal cost? Or even online? Politicians promised changes, implemented some, but in the end, specialized companies had to bring this to life. "I remember when my partners and I started a company 18 years ago," our client Jana Frýdová confided in us. "It was a process that took many weeks, and…

The term registered branch was introduced by the Business Corporations Act. This designation is used for a branch of a foreign company that is domiciled in a state other than the one in which the company operates. Previously, the term organizational unit was used for this type of branch, but since 2014, when the Business Corporations Act and the New…

A company can be dissolved for many reasons. These reasons can be on the part of the shareholders or based on a court decision (then it is a forced dissolution of the company). The company may also be dissolved for other reasons, such as the expiration of the validity period, if it was established for a definite period, the achievement of the purpose for…

When incorporating a limited liability company or other company, together with the position of the company's founder, you acquire the role of shareholder. However, you can also become a shareholder of the company in other ways than by directly participating in its creation – all you have to do is invest part of your assets in the company. COMPANY…

If you do not want to start a company and you have decided to do business under a trade licence instead, you will certainly come across the concept of place of business of self-employed person. This is basically the "seat of a self-employed person" and has a lot in common with a company seat. PLACE OF BUSINESS VS. COMPANY SEAT The term place of business…

SHAREHOLDER Behind the birth of a company and its incorporation, there is always a shareholder. As the owner or co-owner of the company, he or she becomes a member of the general meeting, i.e. the supreme body of the company. Among other things, it elects an important person in the company structure: the executive director. The shareholder has the right…