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.
In this context, the amendment introduces the obligation for individuals (natural persons) who are authorized to act on behalf of
- a branch of a Slovak legal entity,
- an enterprise of a foreign legal entity, and
- a branch of an enterprise of a foreign legal entity
to send a registration petition to the relevant court maintaining the Commercial Register no later than on September 30, 2021, confirming the data entered in the Commercial Register, or propose a change in the entered data.
To confirm the entered data, there will be a special electronic form available on the website of the Ministry of Justice of the Slovak Republic, and the submission of the confirmation will be free of charge.
If no confirmation or petition for a change is submitted by September 30, 2021, the enterprise or branch will be included in the list of registered entities to be deleted from the Commercial Register, and the list will be published in the Commercial Gazette for a period of six months.
After six months, the enterprise or branch will be deleted from the Commercial Register, unless, for example, it is proved that the enterprise or branch was unreasonably included in the list of entities to be deleted from the Commercial Register. To avoid deletion from the Commercial Register, we recommend relevant enterprises and branches to check whether the data entered in the Commercial Register are current and correct and then either confirm the existing data or submit a petition to register their change in the Commercial Register.