Business Bulletin No. 3/2018

In this year‘s third issue of Business Bulletin we focused on the extensive amendment to the Business Corporations Act, with its main objective to eliminate the excessive legal obligations in the business environment. The amendment is finally ready to be submitted to the Chamber of Deputies. Also find about the current state of the proposed Act on the Processing of Personal Data and its ancillary act, which proposes changing many related laws, e.g. the Criminal Code or the Act on free Access to Information. You will also read about proposed amendment to the VAT Act, which changes the opinion on how the statutory body will be perceived in the VAT system. In the case law section, we summed up another of a series of rulings related to concurrence of function or the decision of the Office for Personal Data Protection, regarding a substantial fine for breaching obligation to take steps to prevent personal data against leak.

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