Logo Advokátní kancelář roku 2023

Collection of documents of the Commercial Register – what is published?

The collection of deeds is an important part of the commercial register. Its task is to store all important documents related to the establishment and further functioning of business and other entities registered in the register. What is required by law to be published and what are the penalties for violation? Important answers can be found on the following lines.

Žena prohlížející si dokumenty, které je potřeba zveřejnit ve sbírce listin obchodního rejstříku
6 minutes of reading

Chapters of the article

What needs to be published in the Commercial Register?

TheCommercial Register and the Collection of Deeds are administered by the Ministry of Justice of the Czech Republic. However, the maintenance of the lists is entrusted to independent registry courts, i.e. regional courts with local jurisdiction over the registered office of the company or other registered entity. All the requirements are regulated by the Act on Public Registers of Legal and Natural Persons. This Act also clearly stipulates which documents must not be missing from the collection of documents.

With regard to the deadline for depositing documents in the collection, they can be divided into two categories. The first category of documents must be submitted at the time of registration of the entity in the Commercial Register, because without their documentation it is impossible to register the entity. The second category consists of all other documents that are continuously deposited in the collection.

Examples of documents that need to be published in the collection of documents:

  • documents confirming the establishment of a legal entity (e.g. memorandum of association, articles of association, articles of association),
  • decisions on changes to the statutory body (appointment or removal of members),
  • annual reports, financial statements,
  • decisions on the dissolution of a legal entity,
  • decisions on execution or liquidation.

Anavailable attorney advises, “In addition to the collection of documents for Czech legal entities registered in the Commercial Register, the Register Act also regulates the collection of documents for foreign entities – its scope is significantly narrower with respect to the documentation that must be filed.”

Tip: How is it entered into the commercial register and what happens after filing? We have compiled the answers in an article.

Entrust your business register and collection of deeds to the experts

Do you need to prepare detailed documents for a change in the register or are you dealing with the storage of important documents in the collection of documents? We will be happy to help you with the preparation and provide you with precise instructions on how to record important changes.

Don’t forget to publish your financial statements

Let’s pause for a moment on the financial statements and their disclosure. This is an area where many businesses make mistakes and forget about disclosure or deliberately avoid it. Disclosure is obligatory under the Accounting Act for all entities registered in the Commercial Register and for all those that are required to do so by a special regulation. In addition to companies, foundations, associations and unit owners’ associations are also obliged to publish their financial statements.

The financial statements are normally included in the annual report, but this is not a requirement. The documents are sent only in electronic form in PDF format, have precisely defined requirements, which are regulated in detail by the Accountancy Act, and must always contain the following information:

  • the balance sheet,
  • a profit and loss account,
  • appendices which illustrate, explain and clarify the information provided,
  • thedate and electronic signature of the representative of the statutory body.

It is the last point that many companies forget, but it is an absolutely crucial detail. An unsigned document is not a financial statement and there are penalties for submitting it without subsequent correction.

Beware of penalties

Documents must be deposited in the collection of documents as soon as possible after the event has occurred, with all their particulars. For some documents, the law even directly sets a time limit within which the documents must be published. If the document in question is the result of a court decision, the registry court is responsible for depositing it, but in all other cases the company or other registered entity is responsible for depositing the document .

Late disclosure, incompleteness, such as a missing signature on the financial statements, or the complete absence of mandatory documents in the collection of documents may, in extreme cases, lead to the imposition of a fine or even to the dissolution of the company (in fact, a formal “maximum penalty”). In the event of non-compliance and subsequent disobedience of the summons, the registry court may impose a fine of up to CZK 100,000. Should such a situation recur or should the failure to file documents in the collection of documents have serious consequences for third parties, the registry court may decide and initiate proceedings to dissolve the registered person with liquidation. This is, of course, preceded by a notice from the registry court and the granting of a reasonable period of time to remedy the deficiencies.

In the event of non-compliance with the obligations related to the imposition of the accounts, the tax authority may also intervene. In most cases, it resolves such cases by agreement and warning, but has the power to impose a fine of up to 3% of the total value of assets.

Sbírka listin obchodního rejstříku
Sbírka listin obchodního rejstříku

Anavailable solicitor advises, “By failing to comply with your legal obligations, you may be committing a criminal offence of misrepresentation of accounts and assets. In practice, this happens in a minimum of cases where the rights of business partners, creditors, customers or employees are seriously threatened. Individuals are then liable to imprisonment for up to 2 years or a ban on their activities. Companies may be fined according to their financial circumstances.”

Access to the collection of documents of the Commercial Register

The law provides that the Commercial Register and the Collection of Deeds are public lists. It follows that the information entered in them is accessible to everyone. Both lists can be consulted online on the Justice.cz website. To search, enter the name of the entity, the identification number or the file mark. You can then click directly on the collection of documents in the details section, where you can find all the published documents and download them in digital form.

Hint: We have already discussed accessing the Commercial Register in a previous article.

Fulfill your obligations without errors and penalties

Don’t risk heavy fines or the inconvenience of correcting erroneous entries in the commercial register and the collection of deeds. We will be happy to help you with the preparation of the documents and the subsequent entry in the lists . We can handle everything online and tailor it to your case.

Are you solving a similar problem?

Dostupný advokát team of online lawyers will solve it for you.

Entries in the Commercial Register

We will enter the Commercial Register or arrange any changes for you. With us, you can be sure that the registration will go smoothly and on the first try. We act quickly, professionally and at upfront prices. You can only pay after the service has been provided.

Preset Prices
All services pre-priced for no surprises.
We Do Everything Online
Save time, money and the hassle of travel.
We Work Fast
90 % of issues get solved by the following day.
Experienced Team
We have specialists for every field of law.

Has this content helped you? Give it a rating

No rating yet. Be first to rate and help others.

Article topic:

Author of the article

JUDr. Ondřej Preuss, Ph.D.

Ondřej is the attorney who came up with the idea of providing legal services online. He's been earning his living through legal services for more than 10 years. He especially likes to help clients who may have given up hope in solving their legal issues at work, for example with real estate transfers or copyright licenses.

  • Law, Ph.D, Pf UK in Prague
  • Law, L’université Nancy-II, Nancy
  • Law, Master’s degree (Mgr.), Pf UK in Prague
  • International Territorial Studies (Bc.), FSV UK in Prague

Reviews of the Dostupný advokát service

Recenze služby

Lukáš Řezníček, Prague 6 – Bubeneč

before 3 years

I am giving both the website and service provided my very highest rating. Dostupný advokát found a hidden risk in my contract for the transfer of an apartment, which would have cost me tons of money.

Recenze služby

Jan Vrátný, Veselí nad Lužnicí

before 3 years

I work as a self-employed craftsman and I know my field very well. Unexpected events happen, however, and I sometimes have to deal with problems where I need quality legal advice. I don’t like calling legal offices, getting sucked into discussions with terms I don’t understand. Dostupnyadvokat.cz is different. My first time, they replied immediately (zobrazit více) and together we created a contract custom tailored to my exact needs. I continue to be very happy with both their work and their price.

Recenze služby

MgA. Anna Leschingerová, Cvikov

before 3 years

I had no idea that there was an online service that could arrange all your legal paperwork for you. I’m so glad I found your service! Using Dostupny Advokat gives me the time to enjoy with my family and loved ones, instead of hassling with legal issues I don’t fully grasp.

View All Testimonials

You could also be interested in

About us in public media
Logo Česká advokátní komora Logo Advokátní kancelář roku 2023
Follow the news
Facebook Dostupný advokát Twitter / X Dostupný advokát