NEWS & PUBLICATIONS
Our Bratislava Office Has Moved
After more than 15 years in Lazaretská, our Slovak team has moved to a new location.
New EU Capital Market Reforms: A Boost for SMEs Seeking Investment
EU capital market reforms simplify IPOs and compliance for SMEs, reducing costs and boosting investment opportunities through streamlined regulations and digitalization.
Public Auctions Made Easier
The new Public Auctions Act introduces key changes to the auction process, particularly in real estate transactions. Notably, ownership will automatically transfer after completion of the sale and Real Estate Register registration. The Act also encourages digitalization through a Central Public Auction Register, improving transparency. Auctioneers will face stricter licensing requirements and penalties for non-compliance, aimed at ensuring transparency and efficiency in the auction market.
A More Employer-Friendly Labor Code?
We bring you an overview of upcoming changes to the Labor Code in 2025, driven by the proposed "Flexible Amendment". Key areas of focus include the extension of probationary periods, increased flexibility for employees returning from parental leave, termination of employment without cause (with higher severance pay), and adjustments to notice periods. The article highlights both the opportunities and challenges these amendments may bring and offers guidance on how businesses can prepare.
Green Light for Czech Agrivoltaics
The Czech legislator has introduced the legal regulation of agrivoltaic power plants and thus set the conditions for their implementation. As of January 1, 2025, an amendment to the Agricultural Land Fund Protection Act and the related special decree on agrivoltaic power plant came into force.
Debt Collection Made Faster
The amendment to the Civil Procedure Code introduces significant changes that will affect not only the courts but also creditors and debtors. While creditors will benefit from a faster and more efficient process in obtaining an enforceable title, debtors should be aware of the increased attention required for the delivery of court documents, particularly when delivered to data boxes.
The EU AI Act: What Businesses Need to Know
The EU AI Act regulates AI systems with a risk-based approach, ensuring compliance, transparency, and oversight while balancing innovation, business impact, and fundamental rights protection across industries.
Transaction Tax: New Tax on Payments and Withdrawals
In 2025, a new 'Transaction Tax' will be implemented in Slovakia, which every businessperson and legal entity (save for statutory exceptions) operating in Slovakia will pay when making a payment from their bank account, withdrawing cash or using a credit/debit card.
Contribution for Sports Activities of an Employee’s Child
The voluntary contribution for sports activities of an employee's child, which Slovak law has recognized for several years, is now mandatory for employers with 50 or more employees. If all legal criteria are met, it is no longer at the employer's discretion whether to provide the contribution if the request is made by an employee.
Radek Werich is Now Officially a Master of Laws
We are delighted to congratulate our longtime colleague Radek Werich on obtaining his Master of Laws (LL.M.) in Banking and Finance Law with Merit from the University of London.
New Arrivals: Andrea Lančová and Lukáš Jakoubek
Giese & Partner is pleased to introduce two new members of our Prague team, Andrea Lančová and Lukáš Jakoubek.
Jan Valíček Promoted to Managing Associate at Giese & Partner
Jan has earned promotion to managing associate due to his commitment over the years and an extraordinary work performance on many significant cross-border transactions.