{"id":60936,"date":"2023-12-08T20:23:34","date_gmt":"2023-12-08T11:23:34","guid":{"rendered":"https:\/\/monolith.law\/cs\/?p=60936"},"modified":"2024-08-27T10:58:45","modified_gmt":"2024-08-27T01:58:45","slug":"ma-business-transfer-merit-demerit","status":"publish","type":"post","link":"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit","title":{"rendered":"M&amp;A &#8220;Postup p\u0159i p\u0159evodu podnik\u00e1n\u00ed&#8221; - v\u00fdhody, nev\u00fdhody a na co si d\u00e1t pozor?"},"content":{"rendered":"\n<p>Pro mana\u017eery spole\u010dnost\u00ed nen\u00ed snadn\u00e9 zah\u00e1jit nov\u00fd podnik a dostat ho na spr\u00e1vnou cestu. Na druh\u00e9 stran\u011b, rozhodnut\u00ed o &#8220;p\u0159evodu podnik\u00e1n\u00ed&#8221; na t\u0159et\u00ed stranu, tedy prodej d\u016fle\u017eit\u00e9ho podnik\u00e1n\u00ed, nen\u00ed rozhodnut\u00ed, kter\u00e9 lze snadno u\u010dinit a prov\u00e9st.<\/p>\n\n\n\n<p>Co je tedy &#8220;p\u0159evod podnik\u00e1n\u00ed&#8221; v M&amp;A a kdy by m\u011bli mana\u017ee\u0159i takov\u00e9 rozhodnut\u00ed u\u010dinit? Jak\u00e9 jsou konkr\u00e9tn\u00ed postupy pro jeho proveden\u00ed a jak\u00e9 jsou v\u00fdhody a nev\u00fdhody? Mysl\u00edm, \u017ee existuje mnoho nejasnost\u00ed.<\/p>\n\n\n\n<p>V tomto \u010dl\u00e1nku jednodu\u0161e vysv\u011btl\u00edme sch\u00e9ma &#8220;p\u0159evodu podnik\u00e1n\u00ed&#8221;, kter\u00e9 je pro mana\u017eery velk\u00fdm rozhodnut\u00edm, jeho v\u00fdhody a nev\u00fdhody, a na co si d\u00e1t pozor p\u0159i prov\u00e1d\u011bn\u00ed.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Vlastnosti_prevodu_podnikani\" title=\"Vlastnosti p\u0159evodu podnik\u00e1n\u00ed\">Vlastnosti p\u0159evodu podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Duvody_proc_kupujici_voli_prevod_podnikani\" title=\"D\u016fvody, pro\u010d kupuj\u00edc\u00ed vol\u00ed p\u0159evod podnik\u00e1n\u00ed\">D\u016fvody, pro\u010d kupuj\u00edc\u00ed vol\u00ed p\u0159evod podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Vyhody_prodejce_pri_prevodu_podnikani\" title=\"V\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed\">V\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Jako_reseni_problemu_s_nastupnictvim\" title=\"Jako \u0159e\u0161en\u00ed probl\u00e9mu s n\u00e1stupnictv\u00edm\">Jako \u0159e\u0161en\u00ed probl\u00e9mu s n\u00e1stupnictv\u00edm<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Moznost_se_zbavit_neziskoveho_podnikani\" title=\"Mo\u017enost se zbavit neziskov\u00e9ho podnik\u00e1n\u00ed\">Mo\u017enost se zbavit neziskov\u00e9ho podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Moznost_ziskani_kapitalu\" title=\"Mo\u017enost z\u00edsk\u00e1n\u00ed kapit\u00e1lu\">Mo\u017enost z\u00edsk\u00e1n\u00ed kapit\u00e1lu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Moznost_zachovani_spolecnosti\" title=\"Mo\u017enost zachov\u00e1n\u00ed spole\u010dnosti\">Mo\u017enost zachov\u00e1n\u00ed spole\u010dnosti<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Nevyhody_prodejce_pri_prevodu_podnikani\" title=\"Nev\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed\">Nev\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Proces_je_slozity_a_casove_narocny\" title=\"Proces je slo\u017eit\u00fd a \u010dasov\u011b n\u00e1ro\u010dn\u00fd\">Proces je slo\u017eit\u00fd a \u010dasov\u011b n\u00e1ro\u010dn\u00fd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Je_nutne_zvlastni_rozhodnuti_na_valne_hromade_akcionaru\" title=\"Je nutn\u00e9 zvl\u00e1\u0161tn\u00ed rozhodnut\u00ed na valn\u00e9 hromad\u011b akcion\u00e1\u0159\u016f\">Je nutn\u00e9 zvl\u00e1\u0161tn\u00ed rozhodnut\u00ed na valn\u00e9 hromad\u011b akcion\u00e1\u0159\u016f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Je_treba_zaplatit_dan_z_prijmu_pravnickych_osob\" title=\"Je t\u0159eba zaplatit da\u0148 z p\u0159\u00edjm\u016f pr\u00e1vnick\u00fdch osob\">Je t\u0159eba zaplatit da\u0148 z p\u0159\u00edjm\u016f pr\u00e1vnick\u00fdch osob<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Existuje_riziko_ztraty_kvalifikovanych_pracovniku\" title=\"Existuje riziko ztr\u00e1ty kvalifikovan\u00fdch pracovn\u00edk\u016f\">Existuje riziko ztr\u00e1ty kvalifikovan\u00fdch pracovn\u00edk\u016f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Existuje_povinnost_se_vyhnout_konkurenci\" title=\"Existuje povinnost se vyhnout konkurenci\">Existuje povinnost se vyhnout konkurenci<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Proces_prevodu_podnikani\" title=\"Proces p\u0159evodu podnik\u00e1n\u00ed\">Proces p\u0159evodu podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Klicove_body_pri_postupu_prevodu_podnikani\" title=\"Kl\u00ed\u010dov\u00e9 body p\u0159i postupu p\u0159evodu podnik\u00e1n\u00ed\">Kl\u00ed\u010dov\u00e9 body p\u0159i postupu p\u0159evodu podnik\u00e1n\u00ed<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Odhad_prevodni_ceny\" title=\"Odhad p\u0159evodn\u00ed ceny\">Odhad p\u0159evodn\u00ed ceny<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Predlozeni_mimoradne_zpravy\" title=\"P\u0159edlo\u017een\u00ed mimo\u0159\u00e1dn\u00e9 zpr\u00e1vy\">P\u0159edlo\u017een\u00ed mimo\u0159\u00e1dn\u00e9 zpr\u00e1vy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Oznameni_nebo_verejne_oznameni_akcionarum\" title=\"Ozn\u00e1men\u00ed nebo ve\u0159ejn\u00e9 ozn\u00e1men\u00ed akcion\u00e1\u0159\u016fm\">Ozn\u00e1men\u00ed nebo ve\u0159ejn\u00e9 ozn\u00e1men\u00ed akcion\u00e1\u0159\u016fm<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Zvlastni_usneseni_valne_hromady_akcionaru\" title=\"Zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady akcion\u00e1\u0159\u016f\">Zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady akcion\u00e1\u0159\u016f<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Zjednoduseny_prevod_podnikani\" title=\"Zjednodu\u0161en\u00fd p\u0159evod podnik\u00e1n\u00ed\">Zjednodu\u0161en\u00fd p\u0159evod podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Zkraceny_prevod_podnikani\" title=\"Zkr\u00e1cen\u00fd p\u0159evod podnik\u00e1n\u00ed\">Zkr\u00e1cen\u00fd p\u0159evod podnik\u00e1n\u00ed<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Postup_pri_prevodu_podnikani\" title=\"Postup p\u0159i p\u0159evodu podnik\u00e1n\u00ed\">Postup p\u0159i p\u0159evodu podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/ma-business-transfer-merit-demerit\/#Shrnuti\" title=\"Shrnut\u00ed\">Shrnut\u00ed<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Vlastnosti_prevodu_podnikani\"><\/span>Vlastnosti p\u0159evodu podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>P\u0159evod podnik\u00e1n\u00ed je jednou z metod M&amp;A, kdy se \u010d\u00e1st nebo cel\u00e9 podnik\u00e1n\u00ed spole\u010dnosti prod\u00e1v\u00e1 t\u0159et\u00ed stran\u011b. Prod\u00e1v\u00e1-li se \u010d\u00e1st podnik\u00e1n\u00ed, hovo\u0159\u00edme o &#8220;\u010d\u00e1ste\u010dn\u00e9m prodeji&#8221;, prod\u00e1v\u00e1-li se cel\u00e9 podnik\u00e1n\u00ed, hovo\u0159\u00edme o &#8220;\u00fapln\u00e9m prodeji&#8221;.<\/p>\n\n\n\n<p>Podnik\u00e1n\u00ed zahrnuje \u0161irokou \u0161k\u00e1lu prvk\u016f, jako jsou nehmotn\u00e9 aktiva, jako je &#8220;goodwill&#8221; a &#8220;zna\u010dka&#8221;, du\u0161evn\u00ed vlastnictv\u00ed, jako jsou patenty a know-how, technologie, zam\u011bstnanci, provozn\u00ed organizace, prodejn\u00ed kan\u00e1ly, povolen\u00ed a schv\u00e1len\u00ed, r\u016fzn\u00ed obchodn\u00ed partne\u0159i, jako jsou dodavatel\u00e9, a tak\u00e9 tov\u00e1rny a za\u0159\u00edzen\u00ed.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-Business-transfer-merit-demerit1.jpg\" alt=\"\" class=\"wp-image-31357\" \/><\/figure>\n\n\n\n<p>Obecn\u011b plat\u00ed, \u017ee p\u0159i p\u0159evzet\u00ed podnik\u00e1n\u00ed je t\u0159eba tyto prvky kombinovat, ale charakteristick\u00fdm rysem p\u0159evodu podnik\u00e1n\u00ed je, \u017ee lze vybrat a prod\u00e1vat pouze pot\u0159ebn\u00e9 prvky.<\/p>\n\n\n\n<p>Krom\u011b p\u0159evodu podnik\u00e1n\u00ed existuje tak\u00e9 metoda &#8220;rozd\u011blen\u00ed spole\u010dnosti&#8221; jako metoda p\u0159evzet\u00ed podnik\u00e1n\u00ed. Pokud se chcete dozv\u011bd\u011bt v\u00edce, podrobn\u011bji jsme to popsali v n\u00e1sleduj\u00edc\u00edm \u010dl\u00e1nku.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/business-transfer-company-split\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/business-transfer-company-split[ja]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Duvody_proc_kupujici_voli_prevod_podnikani\"><\/span>D\u016fvody, pro\u010d kupuj\u00edc\u00ed vol\u00ed p\u0159evod podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>V roce 2020 (reiwa 2) provedla spole\u010dnost Mitsubishi UFJ Research &amp; Consulting pr\u016fzkum mezi p\u0159ibli\u017en\u011b 30 000 mal\u00fdmi a st\u0159edn\u00edmi podniky po cel\u00e9m Japonsku na t\u00e9ma &#8220;reorganizace a slou\u010den\u00ed mal\u00fdch a st\u0159edn\u00edch podnik\u016f, spolupr\u00e1ce mezi podniky&#8221;. Dva hlavn\u00ed d\u016fvody, pro\u010d se kupuj\u00edc\u00ed rozhodli pro p\u0159evod podnik\u00e1n\u00ed, byly n\u00e1sleduj\u00edc\u00ed:<\/p>\n\n\n\n<ul>\n<li>Mo\u017enost vybrat si po\u017eadovan\u00e9 aktiva, zam\u011bstnance a smlouvy s obchodn\u00edmi partnery &#8211; 65,6%<\/li>\n\n\n\n<li>Mo\u017enost vyhnout se p\u0159evzet\u00ed dluh\u016f mimo bilanci a neo\u010dek\u00e1van\u00fdch rizik &#8211; 29,6%<\/li>\n<\/ul>\n\n\n\n<p>Z pohledu kupuj\u00edc\u00edho je hlavn\u00ed v\u00fdhodou p\u0159evodu podnik\u00e1n\u00ed mo\u017enost vyhnout se ne\u017e\u00e1douc\u00edm prvk\u016fm a rizik\u016fm a z\u00edskat pouze to, co cht\u011bj\u00ed, na v\u00fdb\u011brov\u00e9 b\u00e1zi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Vyhody_prodejce_pri_prevodu_podnikani\"><\/span>V\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-Business-transfer-merit-demerit2.jpg\" alt=\"\" class=\"wp-image-31360\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Jako_reseni_problemu_s_nastupnictvim\"><\/span>Jako \u0159e\u0161en\u00ed probl\u00e9mu s n\u00e1stupnictv\u00edm<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Nejv\u011bt\u0161\u00edm probl\u00e9mem, kter\u00fdm se pot\u00fdkaj\u00ed star\u0161\u00ed majitel\u00e9 mal\u00fdch a st\u0159edn\u00edch podnik\u016f, je nedostatek n\u00e1stupc\u016f.<\/p>\n\n\n\n<p>Existuje obava z negativn\u00edho dopadu na zam\u011bstnance a obchodn\u00ed partnery, jako jsou dodavatel\u00e9, pokud by podnik zanikl. P\u0159evodem podnik\u00e1n\u00ed je mo\u017en\u00e9 zajistit jeho pokra\u010dov\u00e1n\u00ed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Moznost_se_zbavit_neziskoveho_podnikani\"><\/span>Mo\u017enost se zbavit neziskov\u00e9ho podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>I kdy\u017e je hlavn\u00ed obchodn\u00ed \u010dinnost \u00fasp\u011b\u0161n\u00e1, dr\u017een\u00ed neziskov\u00e9ho odd\u011blen\u00ed m\u016f\u017ee m\u00edt negativn\u00ed dopad na celkov\u00e9 veden\u00ed spole\u010dnosti. V takov\u00e9m p\u0159\u00edpad\u011b, pokud je mo\u017en\u00e9 prodat neziskov\u00fd podnik, lze sn\u00ed\u017eit ztr\u00e1ty a usilovat o obnovu podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Moznost_ziskani_kapitalu\"><\/span>Mo\u017enost z\u00edsk\u00e1n\u00ed kapit\u00e1lu<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pen\u00edze z\u00edskan\u00e9 p\u0159evodem podnik\u00e1n\u00ed lze pou\u017e\u00edt na investice do pos\u00edlen\u00ed a roz\u0161\u00ed\u0159en\u00ed hlavn\u00edho podnik\u00e1n\u00ed, nebo do v\u00fdvoje technologi\u00ed a zv\u00fd\u0161en\u00ed za\u0159\u00edzen\u00ed pro nov\u00e9 podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Moznost_zachovani_spolecnosti\"><\/span>Mo\u017enost zachov\u00e1n\u00ed spole\u010dnosti<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Dlouhodob\u011b budovan\u00e1 d\u016fv\u011bryhodnost spole\u010dnosti, majetek jako pozemky a budovy, a vztahy s obchodn\u00edmi partnery mohou z\u016fstat zachov\u00e1ny volbou p\u0159evodu podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nevyhody_prodejce_pri_prevodu_podnikani\"><\/span>Nev\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-Business-transfer-merit-demerit3.jpg\" alt=\"\" class=\"wp-image-31361\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Proces_je_slozity_a_casove_narocny\"><\/span>Proces je slo\u017eit\u00fd a \u010dasov\u011b n\u00e1ro\u010dn\u00fd<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Na rozd\u00edl od p\u0159evodu spole\u010dnosti, p\u0159evod podnik\u00e1n\u00ed vy\u017eaduje p\u0159evod a p\u0159esun r\u016fzn\u00fdch prvk\u016f nezbytn\u00fdch pro pokra\u010dov\u00e1n\u00ed podnik\u00e1n\u00ed. To znamen\u00e1, \u017ee proces je slo\u017eit\u011bj\u0161\u00ed a trv\u00e1 d\u00e9le ne\u017e jin\u00e9 metody M&amp;A.<\/p>\n\n\n\n<p>Existuj\u00ed tak\u00e9 aspekty, kter\u00e9 nelze dokon\u010dit pouze mezi prod\u00e1vaj\u00edc\u00edm a kupuj\u00edc\u00edm, jako jsou smlouvy se z\u00e1kazn\u00edky a pracovn\u00ed smlouvy se zam\u011bstnanci zapojen\u00fdmi do podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Je_nutne_zvlastni_rozhodnuti_na_valne_hromade_akcionaru\"><\/span>Je nutn\u00e9 zvl\u00e1\u0161tn\u00ed rozhodnut\u00ed na valn\u00e9 hromad\u011b akcion\u00e1\u0159\u016f<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Podrobn\u011bji vysv\u011btl\u00edme v n\u00e1sleduj\u00edc\u00ed \u010d\u00e1sti &#8220;D\u016fle\u017eit\u00e9 body p\u0159i procesu p\u0159evodu podnik\u00e1n\u00ed&#8221;.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Je_treba_zaplatit_dan_z_prijmu_pravnickych_osob\"><\/span>Je t\u0159eba zaplatit da\u0148 z p\u0159\u00edjm\u016f pr\u00e1vnick\u00fdch osob<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Da\u0148 se vypo\u010d\u00edt\u00e1v\u00e1 z &#8220;zisku z p\u0159evodu&#8221;, kter\u00fd je rozd\u00edlem mezi \u010d\u00e1stkou p\u0159evodu a \u00fa\u010detn\u00ed hodnotou p\u0159eveden\u00e9ho majetku. Pokud v\u0161ak p\u0159evedete majetek za ni\u017e\u0161\u00ed cenu ne\u017e je jeho \u00fa\u010detn\u00ed hodnota, v\u00fdsledkem bude ztr\u00e1ta z p\u0159evodu. V tomto p\u0159\u00edpad\u011b bude da\u0148 z p\u0159\u00edjm\u016f pr\u00e1vnick\u00fdch osob sn\u00ed\u017eena o tuto ztr\u00e1tu.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Existuje_riziko_ztraty_kvalifikovanych_pracovniku\"><\/span>Existuje riziko ztr\u00e1ty kvalifikovan\u00fdch pracovn\u00edk\u016f<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pro skute\u010dnou provozov\u00e1n\u00ed p\u0159eveden\u00e9ho podnik\u00e1n\u00ed je t\u0159eba m\u00edt pracovn\u00edky s pot\u0159ebn\u00fdmi znalostmi a zku\u0161enostmi. Nen\u00ed neobvykl\u00e9, \u017ee pracovn\u00edci tak\u00e9 p\u0159ech\u00e1zej\u00ed k kupuj\u00edc\u00edmu na jeho \u017e\u00e1dost v souvislosti s p\u0159evodem podnik\u00e1n\u00ed.<\/p>\n\n\n\n<p>Existuje tak\u00e9 mo\u017enost, \u017ee n\u011bkte\u0159\u00ed zam\u011bstnanci, kte\u0159\u00ed c\u00edt\u00ed uspokojen\u00ed z pr\u00e1ce v dan\u00e9m podnik\u00e1n\u00ed, si sami p\u0159ej\u00ed p\u0159estoupit. Existuje tedy riziko ztr\u00e1ty kvalifikovan\u00fdch pracovn\u00edk\u016f v\u00fdm\u011bnou za p\u0159evod podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Existuje_povinnost_se_vyhnout_konkurenci\"><\/span>Existuje povinnost se vyhnout konkurenci<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Japonsk\u00fd obchodn\u00ed z\u00e1kon\u00edk stanovuje n\u00e1sleduj\u00edc\u00ed povinnosti prodejce podnik\u00e1n\u00ed se vyhnout konkurenci:<\/p>\n\n\n\n<ul>\n<li>Pokud neexistuje jin\u00e9 prohl\u00e1\u0161en\u00ed stran, nesm\u00ed provozovat stejn\u00e9 podnik\u00e1n\u00ed v oblasti stejn\u00e9ho m\u011bsta nebo obce a v oblastech soused\u00edc\u00edch s t\u00edmto m\u011bstem nebo obc\u00ed po dobu 20 let od dne p\u0159evodu podnik\u00e1n\u00ed.<\/li>\n\n\n\n<li>Pokud p\u0159ev\u00e1d\u011bj\u00edc\u00ed spole\u010dnost uzav\u0159ela zvl\u00e1\u0161tn\u00ed smlouvu, \u017ee nebude provozovat stejn\u00e9 podnik\u00e1n\u00ed, m\u00e1 tato smlouva \u00fa\u010dinnost omezenou na dobu 30 let od dne p\u0159evodu podnik\u00e1n\u00ed.<\/li>\n\n\n\n<li>I kdy\u017e se nep\u0159\u00edslu\u0161\u00ed k p\u0159edchoz\u00edm dv\u011bma bod\u016fm, p\u0159ev\u00e1d\u011bj\u00edc\u00ed spole\u010dnost nesm\u00ed provozovat stejn\u00e9 podnik\u00e1n\u00ed s \u00famyslem nekal\u00e9 konkurence.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Proces_prevodu_podnikani\"><\/span>Proces p\u0159evodu podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Z\u00e1kladn\u00ed proces p\u0159evodu podnik\u00e1n\u00ed, kter\u00fd zahrnuje mnoho krok\u016f, je n\u00e1sleduj\u00edc\u00ed:<\/p>\n\n\n\n<ul>\n<li>Vytvo\u0159en\u00ed seznamu p\u0159ev\u00e1d\u011bn\u00fdch aktiv a pl\u00e1nu p\u0159evodu<\/li>\n\n\n\n<li>Odhad p\u0159evodov\u00e9 ceny (ocen\u011bn\u00ed)<\/li>\n\n\n\n<li>Vytvo\u0159en\u00ed p\u0159ehledu p\u0159\u00edpadu<\/li>\n\n\n\n<li>V\u00fdb\u011br p\u0159\u00edjemce p\u0159evodu, jedn\u00e1n\u00ed a uzav\u0159en\u00ed z\u00e1kladn\u00ed smlouvy o dohod\u011b<\/li>\n\n\n\n<li>Rozhodnut\u00ed p\u0159edstavenstva<\/li>\n\n\n\n<li>Uzav\u0159en\u00ed smlouvy o p\u0159evodu podnik\u00e1n\u00ed (uzav\u0159en\u00ed pod podm\u00ednkou schv\u00e1len\u00ed valnou hromadou akcion\u00e1\u0159\u016f)<\/li>\n\n\n\n<li>Schv\u00e1len\u00ed smlouvy o p\u0159evodu podnik\u00e1n\u00ed valnou hromadou akcion\u00e1\u0159\u016f<\/li>\n\n\n\n<li>P\u0159edlo\u017een\u00ed mimo\u0159\u00e1dn\u00e9 zpr\u00e1vy<\/li>\n\n\n\n<li>Ozn\u00e1men\u00ed nebo ve\u0159ejn\u00e9 ozn\u00e1men\u00ed akcion\u00e1\u0159\u016fm<\/li>\n\n\n\n<li>Mimo\u0159\u00e1dn\u00e9 rozhodnut\u00ed valn\u00e9 hromady<\/li>\n\n\n\n<li>Proces zm\u011bny n\u00e1zvu majetku atd., a smlouvy s obchodn\u00edmi partnery a zam\u011bstnanci<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Klicove_body_pri_postupu_prevodu_podnikani\"><\/span>Kl\u00ed\u010dov\u00e9 body p\u0159i postupu p\u0159evodu podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-Business-transfer-merit-demerit4.jpg\" alt=\"\" class=\"wp-image-31362\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Odhad_prevodni_ceny\"><\/span>Odhad p\u0159evodn\u00ed ceny<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>P\u0159i p\u0159evodu podnik\u00e1n\u00ed je nutn\u00e9 objektivn\u011b vyhodnotit hodnotu va\u0161eho podnik\u00e1n\u00ed a vypo\u010d\u00edtat p\u0159evodn\u00ed cenu. Je mo\u017en\u00e9 p\u0159\u00edmo aplikovat metody hodnocen\u00ed hodnoty podniku, ale to m\u016f\u017ee b\u00fdt n\u00e1ro\u010dn\u00e9 a n\u00e1kladn\u00e9, a v\u00fdsledky se mohou v\u00fdrazn\u011b li\u0161it v z\u00e1vislosti na pou\u017eit\u00e9 metod\u011b v\u00fdpo\u010dtu, tak\u017ee to pro mal\u00e9 a st\u0159edn\u00ed podniky nen\u00ed v\u017edy doporu\u010den\u00e9.<\/p>\n\n\n\n<p>\u010casto pou\u017e\u00edvan\u00fdm p\u0159\u00edstupem k hodnocen\u00ed hodnoty podnik\u00e1n\u00ed je pova\u017eovat hodnotu podnik\u00e1n\u00ed za sou\u010det &#8220;tr\u017en\u00ed hodnoty p\u0159evoditeln\u00fdch aktiv&#8221; a &#8220;hodnoty obchodn\u00edho jm\u00e9na (goodwill)&#8221;.<\/p>\n\n\n\n<p>Obchodn\u00ed jm\u00e9no (goodwill) zahrnuje i nehmotn\u00e1 aktiva, jako je zna\u010dka, technologie, know-how, provozn\u00ed organizace a vztahy s obchodn\u00edmi partnery, kter\u00e9 jsou obt\u00ed\u017en\u011b p\u0159evediteln\u00e9 na pen\u011b\u017en\u00ed hodnotu. Proto se \u010dasto pou\u017e\u00edv\u00e1 metoda v\u00fdpo\u010dtu, kter\u00e1 jako referenci pou\u017e\u00edv\u00e1 &#8220;skute\u010dn\u00fd zisk za posledn\u00ed 2-5 let&#8221; \u00d7 &#8220;hodnot\u00edc\u00ed n\u00e1sobek&#8221;. Hodnot\u00edc\u00ed n\u00e1sobek se li\u0161\u00ed v z\u00e1vislosti na odv\u011btv\u00ed a trendech.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Predlozeni_mimoradne_zpravy\"><\/span>P\u0159edlo\u017een\u00ed mimo\u0159\u00e1dn\u00e9 zpr\u00e1vy<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Spole\u010dnosti, kter\u00e9 jsou povinny p\u0159edkl\u00e1dat zpr\u00e1vy o cenn\u00fdch pap\u00edrech (Japanese \u6709\u4fa1\u8a3c\u5238\u5831\u544a\u66f8), mus\u00ed v n\u00e1sleduj\u00edc\u00edch p\u0159\u00edpadech p\u0159edlo\u017eit &#8220;mimo\u0159\u00e1dnou zpr\u00e1vu&#8221; (Japanese \u81e8\u6642\u5831\u544a\u66f8):<\/p>\n\n\n\n<ul>\n<li>Pokud se hodnota aktiv v d\u016fsledku p\u0159evodu podnik\u00e1n\u00ed sn\u00ed\u017e\u00ed nebo zv\u00fd\u0161\u00ed o v\u00edce ne\u017e 30 % v porovn\u00e1n\u00ed s \u010dist\u00fdmi aktivy k posledn\u00edmu dni ned\u00e1vn\u00e9ho obchodn\u00edho roku<\/li>\n\n\n\n<li>Pokud se obrat v d\u016fsledku p\u0159evodu podnik\u00e1n\u00ed sn\u00ed\u017e\u00ed nebo zv\u00fd\u0161\u00ed o v\u00edce ne\u017e 10 % v porovn\u00e1n\u00ed s v\u00fdsledky posledn\u00edho obchodn\u00edho roku<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Oznameni_nebo_verejne_oznameni_akcionarum\"><\/span>Ozn\u00e1men\u00ed nebo ve\u0159ejn\u00e9 ozn\u00e1men\u00ed akcion\u00e1\u0159\u016fm<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>P\u0159i p\u0159evodu podnik\u00e1n\u00ed mus\u00ed spole\u010dnost nejpozd\u011bji 20 dn\u00ed p\u0159ed datem nabyt\u00ed \u00fa\u010dinnosti ozn\u00e1mit nebo ve\u0159ejn\u011b ozn\u00e1mit akcion\u00e1\u0159\u016fm o proveden\u00ed p\u0159evodu podnik\u00e1n\u00ed. Sou\u010dasn\u011b se poskytuje p\u0159\u00edle\u017eitost pro n\u00e1vrh na odkup akci\u00ed od nesouhlas\u00edc\u00edch akcion\u00e1\u0159\u016f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zvlastni_usneseni_valne_hromady_akcionaru\"><\/span>Zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady akcion\u00e1\u0159\u016f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-Business-transfer-merit-demerit5.jpg\" alt=\"\" class=\"wp-image-31363\" \/><\/figure>\n\n\n\n<p>V p\u0159\u00edpad\u011b p\u0159evodu podnik\u00e1n\u00ed, kter\u00fd spad\u00e1 do n\u00e1sleduj\u00edc\u00edch kategori\u00ed, je nutn\u00e9 z\u00edskat schv\u00e1len\u00ed prost\u0159ednictv\u00edm zvl\u00e1\u0161tn\u00edho usnesen\u00ed valn\u00e9 hromady akcion\u00e1\u0159\u016f nejpozd\u011bji do dne p\u0159ed datem nabyt\u00ed \u00fa\u010dinnosti.<\/p>\n\n\n\n<ul>\n<li>P\u0159eveden\u00ed cel\u00e9ho podnik\u00e1n\u00ed<\/li>\n\n\n\n<li>P\u0159eveden\u00ed v\u00fdznamn\u00e9 \u010d\u00e1sti podnik\u00e1n\u00ed<\/li>\n<\/ul>\n\n\n\n<p>V\u0161ak existuj\u00ed v\u00fdjimky, kdy je mo\u017en\u00e9 zvl\u00e1\u0161tn\u00ed usnesen\u00ed vynechat nebo nen\u00ed nutn\u00e9 v p\u0159\u00edpad\u011b n\u00e1sleduj\u00edc\u00edch dvou typ\u016f p\u0159evodu podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zjednoduseny_prevod_podnikani\"><\/span>Zjednodu\u0161en\u00fd p\u0159evod podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud \u00fa\u010detn\u00ed hodnota p\u0159eveden\u00fdch aktiv nep\u0159esahuje 20% celkov\u00fdch aktiv prod\u00e1vaj\u00edc\u00ed spole\u010dnosti, jedn\u00e1 se o zjednodu\u0161en\u00fd p\u0159evod podnik\u00e1n\u00ed a zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady akcion\u00e1\u0159\u016f nen\u00ed nutn\u00e9.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zkraceny_prevod_podnikani\"><\/span>Zkr\u00e1cen\u00fd p\u0159evod podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud je kupuj\u00edc\u00ed spole\u010dnost zvl\u00e1\u0161tn\u00ed \u0159\u00edd\u00edc\u00ed spole\u010dnost (spole\u010dnost, kter\u00e1 vlastn\u00ed v\u00edce ne\u017e 9\/10 akci\u00ed s hlasovac\u00edmi pr\u00e1vy), jedn\u00e1 se o zkr\u00e1cen\u00fd p\u0159evod podnik\u00e1n\u00ed a je mo\u017en\u00e9 vynechat zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady akcion\u00e1\u0159\u016f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Postup_pri_prevodu_podnikani\"><\/span>Postup p\u0159i p\u0159evodu podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-Business-transfer-merit-demerit6.jpg\" alt=\"\" class=\"wp-image-31364\" \/><\/figure>\n\n\n\n<p>P\u0159i p\u0159evodu podnik\u00e1n\u00ed je nutn\u00e9 p\u0159ev\u00e9st jednotliv\u011b hmotn\u00e9 i nehmotn\u00e9 aktiva, jako jsou nemovitosti, za\u0159\u00edzen\u00ed, dluhopisy a dluhy, pr\u00e1va du\u0161evn\u00edho vlastnictv\u00ed, obchodn\u00ed pr\u00e1va atd.<\/p>\n\n\n\n<p>Je d\u016fle\u017eit\u00e9 pe\u010dliv\u011b napl\u00e1novat postup p\u0159evodu, proto\u017ee existuje mnoho r\u016fzn\u00fdch postup\u016f, jako je zm\u011bna jm\u00e9na v katastru nemovitost\u00ed pro nemovitosti, registrace p\u0159evodu pro patentov\u00e1 pr\u00e1va a ochrann\u00e9 zn\u00e1mky, a tak\u00e9 smlouvy s obchodn\u00edmi partnery a pracovn\u00ed smlouvy s p\u0159ev\u00e1d\u011bn\u00fdmi zam\u011bstnanci.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shrnuti\"><\/span>Shrnut\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Probrali jsme &#8220;Charakteristiky p\u0159evodu podnik\u00e1n\u00ed&#8221;, &#8220;D\u016fvody, pro\u010d kupuj\u00edc\u00ed vol\u00ed p\u0159evod podnik\u00e1n\u00ed&#8221;, &#8220;V\u00fdhody a nev\u00fdhody prodejce p\u0159i p\u0159evodu podnik\u00e1n\u00ed&#8221;, &#8220;Proces p\u0159evodu podnik\u00e1n\u00ed&#8221; a &#8220;Kl\u00ed\u010dov\u00e9 body v procesu p\u0159evodu podnik\u00e1n\u00ed&#8221;.<\/p>\n\n\n\n<p>P\u0159evod podnik\u00e1n\u00ed je vedle &#8220;p\u0159evodu akci\u00ed&#8221; jednou z nej\u010dast\u011bji vyb\u00edran\u00fdch mo\u017enost\u00ed p\u0159i M&amp;A mal\u00fdch a st\u0159edn\u00edch podnik\u016f. Nicm\u00e9n\u011b, vzhledem k pot\u0159eb\u011b p\u0159ev\u00e9st hmotn\u00e9 i nehmotn\u00e9 aktiva a uzav\u0159\u00edt r\u016fzn\u00e9 smlouvy s obchodn\u00edmi partnery, je nutn\u00e9 postupovat opatrn\u011b.<\/p>\n\n\n\n<p>Doporu\u010dujeme konzultovat pl\u00e1ny p\u0159evodu s pr\u00e1vnickou kancel\u00e1\u0159\u00ed, kter\u00e1 je z\u00e1rove\u0148 zku\u0161en\u00fdm M&amp;A poradcem, ji\u017e od f\u00e1ze tvorby pl\u00e1nu p\u0159evodu, a z\u00edskat rady o postupu a mo\u017en\u00fdch \u00faskal\u00edch.<\/p>\n\n\n\n<p>Pokud se chcete dozv\u011bd\u011bt v\u00edce o &#8220;V\u00fdhod\u00e1ch a postupu p\u0159i prov\u00e1d\u011bn\u00ed podnikov\u00e9 n\u00e1stupnictv\u00ed prost\u0159ednictv\u00edm M&amp;A&#8221;, podrobn\u011bji jsme to popsali v n\u00e1sleduj\u00edc\u00edm \u010dl\u00e1nku.<\/p>\n\n\n<figure class=\"is-type-wp-embed\">\n<div>corporate\/business-succession-ma-merit<\/div>\n<\/figure>","protected":false},"excerpt":{"rendered":"<p>Pro mana\u017eery spole\u010dnost\u00ed nen\u00ed snadn\u00e9 zah\u00e1jit nov\u00fd podnik a dostat ho na spr\u00e1vnou cestu. Na druh\u00e9 stran\u011b, rozhodnut\u00ed o &#8220;p\u0159evodu podnik\u00e1n\u00ed&#8221; na t\u0159et\u00ed stranu, tedy prodej d\u016fle\u017eit\u00e9ho podnik\u00e1n\u00ed, [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":62443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,27],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/60936"}],"collection":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/comments?post=60936"}],"version-history":[{"count":4,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/60936\/revisions"}],"predecessor-version":[{"id":64673,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/60936\/revisions\/64673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media\/62443"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media?parent=60936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/categories?post=60936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/tags?post=60936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}