Court Opinion on the Virtuality of a Legal Entity’s Registered Office in the Czech Republic

We quote from the judgment of the Municipal Court in Prague file No. 9 Af 21/2017, which, among other things, also touches on the court’s view of the registered office virtuality. The judgment of the Municipal Court in Prague file No. No. 9 Af 21/2017 reads: “Furthermore, it is necessary to agree with the plaintiff that a ‘virtual registered office’ is a legal institute. With effect from 20 July 2009, the provision of Section 19c of the then valid Act No. 40/1964 Coll. (the so-called Old Civil Code) was amended by Act No. 215/2009 Coll. (now Sections 136 and 137 of Act No. 89/2012 Coll., the Civil Code), which, as a result of EU legislation, eased the requirements for the registered office of business entities.”