Third amendment to the rules | employee stocks | Václav Bílý | article

Members of Parliament are submitting their third amendment to employee stock rules through proposed amendments in the current electoral term, aimed at fundamentally transforming the legislative framework for young technology companies and startups in the Czech Republic.

"According to the currently effective legal regulation, providing this benefit costs the employer and employee together approximately 68% of the benefit's value in income tax and mandatory insurance contributions. This is an extreme result," states our Managing Partner Václav Bílý.

More information regarding legislation concerning startups and employee stocks can be found in this article on the Česká justice website.