SUMMARY OF OBLIGATIONS AND SANCTIONS RELATED TO THE ULTIMATE BENEFICIAL OWNER REGISTRATION On 1 st June 2021 , the new Act No. 37/2021 Coll., on Ultimate Beneficial Owner Registry (“ Act ”) will become effective in the Czech Republic. As this Act alters the current regulation quite...
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Membership of legal persons in elected corporate body –April 1, 2021 deadline New requirements for legal persons exercising the function of a member of elected body of capital companies (in Czech kapitálové společnosti ) and cooperatives (in Czech družstva ) were introduced by the...
Termination of the position of the statutory director and the related problem with access to data boxes.
Termination of the position of the statutory director and the related problem with access to data boxes. As we have already informed you, the amendment to the Act No. 90/2012 Coll., On Commercial Companies and Cooperatives (hereinafter referred to as „ Business Corporations Act “)...
Amendments to the Bulgarian Energy Act The amendments to the Bulgarian Energy Act, which took place on 2 February 2021, release new renewable electricity generation projects (put into operation after 1 January 2021) from the obligation to make contribution to the Electricity System...
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