In 2012, the Czech Parliament approved two key Acts essential to the reenactment
of Czech private law: Act No. 89/2012 Coll., the Civil Code, and Act No.
90/2012 Coll., the Business Corporations Act. Both Acts took effect on 1 January
2014 and introduced a number of fundamental changes to Czech law. This article
outlines the most significant changes applicable to joint-stock companies and
analyses the basic innovations which the new legislation has brought to investors
utilising the legal form of a joint-stock company in the Czech Republic.

EB00000004395K

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• With Love from the Heart of Europe: New Rules for Czech Joint-Stock Companies