Failure to rectify defects in the notification of continuation after the transformation of a legal person

If the entrepreneur fails to remedy defects in their submission and provided that the time limit of 15 days specified by law for notifying continuation has expired and the trade(s) are not continued by another continuing person, the trade licensing office will register a date of termination that is identical to the date of entry into force of the merger or division to all active trades of the dissolved or divided entity. Within 30 days from the date of registration in the trade licensing register, the trade licensing office will notify the fact that the trade authorisation has terminated to other administrative authorities specified in Section 48 or Section 55 of the Trade Licensing Act:

• The tax authority that has local competence and carries out income tax administration
• The Czech Statistical Office
• The Social Security Administration that has local competence according to the entrepreneur’s registered office, in the case of a foreign person according to the location of a branch plant
• The court that maintains the register