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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Changes to the Czech AML Act and their impact on the real estate sector

March 2021 – New Amendment no. 527/2020 Coll. (the “Amendment”) to Act no. 253/2008, on certain measures against money laundering and terrorist financing (the “AML Act”), implementing the EU’s Anti-money Laundering Directive no. V (AMLD V)...

A temporary stop to land transfers in Romania? The humble soil quality certificate

February 2021 – While market’s attention has been drawn to the new pre-emption rights and the like introduced by the government to curtail sales of agricultural land, a far more ominous legislative change occurred with little fanfare: Law 246/2020...

Slovakia: Update to rent subsidies paid by the state

November 2020 – It has been four months since the launch of rental subsidies in Slovakia. The Ministry of Economy of the Slovak Republic has to date registered approximately 25,000 applications and has paid out a total of EUR 25 million.

Abolition of real estate acquisition tax – Czech Government seeks streamlining in response to Coronavirus pandemic

October 2020 – A long-debated government bill to abolish the real estate acquisition tax was signed into law by President Miloš Zeman on 18 September 2020. As a final step, the Act will now be formally announced into the Collection of Laws.

Slovakia: Rent subsidies paid by the state

17 June 2020 – On 9 June 2020 the Slovak parliament adopted Act No. 155/2020 Coll., amending Act No. 71/2013 Coll. on the provision of subsidies within the competence of the Ministry of Economy of the Slovak Republic (the “Act”), based on which...

Regional: Updated overview of measures adopted by authorities in Kinstellar jurisdictions in response to the Covid-19 outbreak and which appear to be relevant from a real estate perspective

28 May 2020 – Even though the legal regulations in this matter continue to evolve rapidly, we would like to provide to you with a general overview of the approaches taken in jurisdictions where Kinstellar currently operates. Please click here for the...

Regional: Overview of measures adopted by authorities in Kinstellar jurisdictions in response to the Covid-19 outbreak and which appear to be relevant from a real estate perspective

18 May 2020 – Even though the legal regulations in this matter continue to evolve rapidly, we would like to provide to you with a general overview of the approaches taken in jurisdictions where Kinstellar currently operates. Please click here for the...

Czech Republic: “COVID-Rent” programme

6 May 2020 – We would like to draw your attention to a “COVID-Rent” programme currently being drafted by the Czech Ministry of Industry and Trade (the “Programme”). Along with the existing Act no. 210/2020 Coll., which prohibits landlords from...

Regional: Updated overview of measures adopted by authorities in Kinstellar jurisdictions in response to the Covid-19 outbreak and which appear to be relevant from a real estate perspective

13 April 2020 – Even though the legal regulations in this matter continue to evolve rapidly, we would like to provide to you with a general overview of the approaches taken in jurisdictions where Kinstellar currently operates. Please click here for...

Czech Republic: Commercial leases – COVID-19 – Where things stand

9 April 2020 – On 8 April, the Chamber of Deputies of the Czech parliament passed legislation mitigating the impact of COVID-19 on commercial leases (the “Bill”). It is expected that the Bill will now swiftly be approved by the Senate of the Czech...