Archive for June 2015
Pre-Contractual Liability – Can You be Held Liable for Failure to Conclude a Contract?
Prior to 1 January 2014, the Civil Code did not recognise the concept of pre-contractual liability (culpa in contrahendo). Nevertheless, certain legal deliberations on possible pre-contractual liability appeared in practice, but lacked support in law. In some respects, the new Civil Code effective from 1 January 2014 („NCC”), makes negotiating parties responsible for their actions…
Read MoreNon-competition Clause: How to Draft a Valid One?
This issue was addressed by the Supreme Court of the Czech Republic in its judgement in case no. 21 Cdo 506/2013, dated 7 January 2015, where it states that: “The basic requirement of a non-competition clause is the employee’s undertaking to refrain from gainful activity that is also the subject of the employer’s activity or…
Read MoreNew Operational Programmes for Public Aid
In April and May 2015, the European Commission approved a total of five new operational programmes for the Czech Republic, which will provide financial support for projects in 2014/2020. The approved programmes include Enterprise and Innovation for Competitiveness, Environment, Employment, Transport and Research, Development and Education, under which the Czech Republic can draw up to…
Read MoreNew Types of Investment Incentives and Easier Access
The amendment of the Act on Investment Incentives, effective from 1 May 2015, introduces a new type of support (exemption from real estate tax), expands the range of supported activities (data centres and customer support centres) and relaxes the conditions for granting investment incentives. It allows investment incentives to be obtained by both domestic and foreign…
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