From now on, it is sufficient if the person to be elected as a member of an elected body proves his/her eligibility to perform the function by means of an affidavit. This step will significantly speed up the whole process of the registration procedure. If false information is provided in the affidavit, there is a risk of criminal liability for the offence of concealing material facts in the documents used for entry in the Commercial Register, which can lead to imprisonment for up to 2 years or prohibition of business activity.

If you have any questions, contact please our counsel Petra Kratochvílová or senior associate Jakub Verlík.