October 2020 | New rules governing liquidation of companies coming into effect on October 1, 2020
A new amendment to the Commercial Code, effective from
October 1, 2020, makes the process of liquidation of business entities more
regulated and formalized. As a result, the whole liquidation process should
become more effective.
Some of the novelties under...
September 2020 | Changes in laws related to the monitoring of persons traveling from high-risk countries
In connection with the coronavirus pandemic, on
September 2, 2020, the National Council of the Slovak Republic (parliament) voted
to override President’s veto and repassed the government bill amending Act No.
351/2011 Coll. on Electronic Communications, as amended, as well...
September 2020 | Branches and enterprises of foreign entities will be required to confirm their data entered in the Commercial Register
On October 1,
2020, an amendment to the Commercial Code will enter into force, the aim of
which is, among other things, to remove from the Commercial Register registered
entities that have been inactive for a long time.
August 2020 | Restriction of a statutory body’s authority to act may no longer be entered in the Commercial Register
On October 1,
2020, an amendment to the Commercial Code will enter into force, which will
prohibit the entry in the Commercial Register of a restriction on a statutory
body’s authority to act on behalf of
an entity registered in...
July 2020 | Lex Corona
On July 9, 2020, the National Council of the Slovak
Republic approved a government bill called the “lex corona” (in Slovak: lex
korona), containing a package of measures to improve the business environment
and reduce the administrative burden on entrepreneurs...