December 2023 | EU Artificial Intelligence Regulation
On June 14, 2023,
the European Parliament adopted negotiating position regarding the proposal for
the Regulation of the European Parliament and Council laying down Harmonized
Rules on Artificial Intelligence (Artificial Intelligence Act) and amending
certain Union legislative acts, the world’s...
November 2023 | Notary as a Registrar of Data in the Commercial Register
On June 20, 2023, the National Council of the Slovak
Republic adopted an amendment to the Commercial Register Act, introducing the
term "registrar", which, according to the amendment, is any notary.
Registrars will now be allowed to register data in...
October 2023 | Proposed Amendment to the VAT Act
The Ministry of
Finance of the Slovak Republic has prepared a bill to amend Act No. 222/2004
Coll. on Value Added Tax. The draft amendment is currently making its way
through the interdepartmental comment procedure. The amendment proposes that
September 2023 | The repeal of CFC rules for natural persons
The National Council of the Slovak Republic (parliament)
adopted an amendment to Act No. 595/2003 Coll. on Income Tax, under which the
rules for controlled foreign companies (CFC) applicable to natural persons were
abolished. With effect from August 1,...
August 2023 | New Act on Transformations of Companies and Cooperatives
18, 2023, the President of the Slovak Republic signed the Act on Transformations
of Companies and Cooperatives (the “Transformations
Transformations Act constitutes the comprehensive legal regulation of mergers, acquisitions,
split-ups, changes of legal form and also...