Welcome to Vejmelka & Wünsch, s.r.o.

Since 1990, our law office has been providing the highest quality legal services in all areas of law related to business activity. The team of Vejmelka & Wünsch, s.r.o., which has been  an integral part of leading global law firms until its takeover by the current partners in the year 2002 and which is constantly expanding  to embrace lawyers with similar qualifications, has not only extensive know-how for realization of large-scale transactions, but also the capability to meet various demands of individual clients, enabling it to satisfy, on a long-term basis, their strategic as well as daily needs. This is one of the reasons why Vejmelka & Wünsch, s.r.o. is every year characterized by prestigious law firm guides LEGAL 500 and Chambers in individual countries as a law firm with strong ties to renowned foreign as well as domestic clients.

Legal news

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The amended Act No. 549/1991 Sb., on Court Fees, which entered into effect on 1 September 2011, comprehensively increases all court fees, a change that will be most felt in proceedings concerning the Commercial Register and in lawsuits for monetary compensation (due to the increase in both fixed fees and the minimum and maximum amounts of variable fees). The fees for filing motions for the issuance of electronic payment orders have been increased to more than double their previous values, which increase is partially intended to curtail the mass filings of such motions.

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Due to the lapse of the transitional periods negotiated by the Czech Republic in relation to the principle of the free movement of capital within the EU, specifically the right of foreigners to acquire real estate in the country, the provision of Section 17 of Act No. 219/1995 Sb., the Foreign Exchange Act, has been repealed. This provision constituted a limitation on the acquisition of real estate in the Czech Republic applicable to foreigners for a period of 5 years of the country’s accession to the EU with regard to ancillary residential premises and 7 years with regard to agricultural land. With the expiration of the former term, the provision of Section 17 (2) ceased to be applied in practice, and with the expiration of the latter, the Foreign Exchange Act was amended to formally remove Section 17 altogether.

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After some hesitation, the Parliament has conceded to an amendment of Act No. 361/2000 Sb., on Road Traffic, through which it establishes the responsibility of the owner of road vehicles for offences committed by other persons driving the vehicle who cannot be identified and whose identity is not revealed by the owner. The fine that may be imposed upon the owner of the vehicle in such cases is set in between CZK 5,000 to 10,000. The amendment came into effect on 25 May 2011.

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Vejmelka & Wünsch, s.r.o.
Italská 27, 120 00 Prague 2
Czech Republic
Phone: +420 222 25 30 50
E-mail: prague@vejwun.cz

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