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GENERAL TERMS AND CONDITIONS IN SLOVAK LAW
According to the Slovak Commercial Code, a part of the content of the contract may also be determined by reference to the general business terms and conditions drawn...
More informationEnforcement proceeding in Slovakia (in case of decisions issued in one of the EU member states)
Have you obtained an enforcement title (e. g. judgment) from one of the EU member states and you wish to initiate enforcement proceeding in Slovakia against a Slovak...
More informationLiability of managing directors for damage
Under the Slovak Commercial Code, managing directors are obliged to exercise their powers with professional care and in accordance with the interests of the company and...
More informationBan on Competition for Managing Directors
According to the Slovak law, managing directors (as statutory bodies of limited liability company) are banned from performing certain activities that have competitive character with respect...
More informationPetition in bankruptcy filed by a creditor
According to the Slovak law, a creditor is entitled to file a petition in bankruptcy if they may reasonably expect their debtor to be insolvent. The insolvency of a debtor may...
More informationManaging director in a Slovak LLC
According to the Slovak law, the statutory body of a limited liability company (hereinafter the “company”) consists of one or more managing directors. Managing directors are appointed...
More informationDO YOU PLAN TO CLOSE YOUR BUSINESS IN SLOVAKIA? DO SO BEFORE OCTOBER 2020.
We would like to remind you that the Amendment to the Commercial Code (the Act No. 390/2019 Coll.) that will fundamentally change the process of voluntary dissolution...
More informationVoluntary winding up of the company in Slovakia
In case the business of the company does no longer meet the shareholders’ expectations, they may decide to wind up their company and undergo the process...
More informationResidence permit for the purposes of business in Slovakia
The temporary residence of the third country national in the Slovak Republic (hereinafter the ”TR”) is regulated in the Act No. 404/2011 Coll. on Residence...
More informationObligation to register the UBO in the Commercial register
As a result of the adoption of the amendment of the Act No. 297/2008 Coll. on the prevention of legalization of proceeds of criminal activity and...
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