New Commercial Register Act in the Comment Procedure

The Ministry of Justice has submitted the draft of the new Commercial Register Act for interdepartmental comment procedure, which is intended to completely replace the current Commercial Register Act No. 530/2003 Coll. Several key changes aim to speed up processes, increase the reliability of data, and relieve the courts.

Key changes include, for example:

• Simpler registration of companies: A process of initial registration will be introduced for free trades without the need for a trade license.
• Transfer of competencies from registry courts to notaries: From July 2027, initial company registrations and registration of changes will be performed exclusively by notaries.
• Founding documents in the form of a notarial deed or a contract authorized by an attorney: This will ensure reliable and trustworthy data in the register.
• Legal binding force and formal publicity of registered data: The principle of “once and enough” will apply – data will not need to be repeatedly proven.
• Reservation of a company’s trade name: A new feature allowing companies to build their brand and identity, including the establishment of a public register of reserved trade names.

If the draft of the new act passes the legislative process, its effectiveness in the area of the Commercial Register is planned for March 1, 2026.

We will keep you informed about the individual significant changes and their impact on the establishment and registration of companies. We continue to closely monitor the progress of the legislative process.