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Legal Aspects of Doing Business in the Czech and Slovak Republics

Stephen DenyerHead, Central & Eastern European Practice, Allen & Overy, Peta WilsonAssociate Partner, Allen & Overy, Prague, Martin SolcPartner, Kocian Solc Touska a spol and Vice-President, Czech Bar Association

ISBN13: 9780851219493

ISBN: 0851219497

Published: March 1993

Publisher: Sweet & Maxwell Ltd

Format: Paperback

Price: Out of print

The books in this series show the reader how to set up and run a business within each country's legal, banking, employment and taxation systems. Also, they offer advice from professionals who know, ""hands-on"", what it's like to operate in these countries.;These reports: demonstrate what has to be done to collect debt, buy property, repatriate profits. They can be used as ready-reckoners to the key statutes, regulations and SIs that enable a company to be formed and they can be used for advice on investment opportunities available in terms of possible joint ventures, acquisitions, franchising and setting up subsidiaries.;Any changes will be updated with supplements and the books have special pockets in the front for these supplements to be kept.

Contents:: Profile - physical and human geography, political background, current developments; business climate - the economy, development of a free market; investment climate - the impetus from the government of the CSFR, tax incentives, foreign exchange control, investment protection treaties, Western assistance available to the foreign investor; legal framework - legislative process, civil law system, the commercial code, judicial process; general principles of commerical law and forms of doing business - general matters covered by the commercial code; the forms of business - joint stock companies, limited liability companies, vos/ks, co-operatives, other legal entities, other forms of repesentation, bankruptcy procedures; exchanges and securities - the establishment of a stock exchange, structure, application for a listing, trading and settlement sanctions, the stock exchanges of Prague and Bratislava, bonds, the proposed securities law, off-exchange trading, grey market trading; banking and finance - the banking system, equipment leasing; privatization - voucher or coupon scheme; competition law - the Competition Act, competition agencies, mergers, monopolistic and dominant positions, the role of ministries and local government, cartels, enforcement, future developments; taxation - coroprate income tax, payments of dividends, interest, royalties and rent, payroll tax and social security, turnover tax and VAT, income tax, other taxes, double tax treaties; real estate - protection of private property rights, privatization, the acquisition and disposal of real estate, leases of commercial premises, transfer procedures, duties and taxes, security; employment issues - the structure of labour regulation in the CSFR, legal structure of the employment relationship, constituting the employment relationship, formalities, labour law an organziational flexibility, termination of employment, alien employees, collective bargaining; importing and exporting to the Czech and Slovak Republics - licensing, import tax and surcharge, customs duties, customs-free zones, export credit; environmental issues - Environment Act, Waste Disposal Act, Air Pollution Act, water protection, other sources of law, practical points for the foreign investor; intellectual property law - copyright, trademarks, patents, industrial designs, rationalization proposals, trade secrets, licensing requirements under the commercial code; broadcasting and telecommunications; contractual rights and dispute resolution - enforcement of commercial rights, collection of debts, arbitration.