Kinstellar's Prague office successfully advised Dig Ventures on a strategic investment into Talsec, a Czech startup specializing in mobile application security, as part of Dig Ventures’ efforts to expand its global presence and support further innovation in its security solutions portfolio. Talsec, which originated as a spin-off from technology company Monet+, has demonstrated substantial organic revenue growth over the past two years. The company develops specialized tools that protect mobile applications from hacking threats, conceal sensitive information, and identify malicious software. Talsec’s solutions are already helping to secure over a thousand apps from various companies, including insurers like Generali
On 12 September 2023, the Chamber of Deputies approved an amendment to the Labour Code after the legislation was returned by the Senate in July with several amendments. The Chamber of Deputies, however, ultimately approved the amendment in its original wording. After it is signed by the President, the amendment will come in to effect on the first day of the calendar month following its publication in the Collection of Laws (likely still in 2023). However, certain provisions concerning agreements on work performed outside employment relationships (e.g. regarding annual leave) will take effect on 1 January 2024. Major changes pursuant to the amendment to the Labour Code: Telework arrangements
Engaging employees and contractors requires different approaches. In this article, we'll explore the key aspects of each and provide insights on best practices for collaboration. Whether you're a manager, a recruiter, or a worker, this article can help you make informed decisions about employment relationships and contractor partnerships. Click on this link or the image below to read.
The Czech Republic provides an attractive environment for businesses, as it is home to a large and skilled labor pool. However, navigating the legal and regulatory frameworks of employment in the country can be challenging. In this overview below, written by Senior Associates Martina Mazůrková and Tereza Mašková, we explore the concept of Employers of Record and how it simplifies hiring workers in the Czech Republic. Click on this link or the image below to read.
Kinstellar’s Employment Law Team has prepared the following brief overview of upcoming changes in the field of employment law for 2023: Amendment to the Labour Code (expected entry into force: 1 July 2023) The most significant and highly anticipated change in the area of employment law for this year is expected to be an amendment to the Czech Labour Code. The amendment is tentatively scheduled to enter into force in the second half of 2023. The amendment will affect numerous areas of employment law, including, telework, delivery, and agreements on work performed outside of employment relationships. At the end of March 2023, a draft amendment will likely be submitted to the Czech
An amendment to the Czech Labour Code is expected imminently. This Monday, following the closing of an input window as part of an interdepartmental feedback procedure, the Ministry of Labour and Social Affairs published an updated draft amendment to the Labour Code. In response to feedback received on the initial draft, the proposed amendment softens some controversial provisions. In particular, the changes concern working from home (telework), such as limiting the scope of employees with a guaranteed right to this kind of work. Furthermore, provisions on mandatory compensation for home office should now offer more flexible rules for employers. At present, the ministry anticipates that – excepting certain provisions