Venture Capital
On 1 May 2024, an amendment to the AML Act and the related decree came into force. These amendments kicked off a flood of new developments affecting anti-money laundering which will be encountered in the years to come. They are intended to respond to the rapid development in the field of crypto-rela
Everything you need to know about ESOP (Part 2) – Basic concepts in venture capital
The history of companies, especially those that have changed the world, is full of stories of employees who became millionaires thanks to shareholdings in the company. An example is Microsoft, which generated approximately 12,000 millionaires in its first ten years. How did they achieve this success
Alternative investment funds under Section 15 of the ICIF Act as an alternative for joint investments in venture capital
AIFs have become popular especially in the venture capital industry because of the minimum regulatory, financial and administrative requirements for establishment and subsequent operation. The point is that alternative investment funds are not subject to robust regulation and supervision by the Czec
Everything you need to know about ESOPs (Part 1) – Outline of the issue not only from a legal perspective
ESOP, option share, virtual share or share option plan - have you heard these or similar terms in the start-up world? These terms probably sound familiar to any founder, employee or investor, but do we really know what lies beneath them? Is it a shareholding in a company, a share in the profits, or
Authors