NEWS & PUBLICATIONS
Will construction become faster and more efficient? Slovakia’s New Building Act
Slovakia’s new Building Act promises faster permits, digital applications, and less bureaucracy. Will stricter rules on illegal construction and the “silence means consent” rule finally make building in Slovakia quicker and simpler?
Watch out! The New Insolvency Register might make you lose your rights
Bankruptcy law comes with several effective innovations. These go hand in hand with increasing the responsibility of persons concerned by bankruptcy, including creditors. Be careful and do not lose your rights.
Transaction Tax: New Tax on Payments and Withdrawals
In 2025, a new 'Transaction Tax' will be implemented in Slovakia, which every businessperson and legal entity (save for statutory exceptions) operating in Slovakia will pay when making a payment from their bank account, withdrawing cash or using a credit/debit card.
Contribution for Sports Activities of an Employee’s Child
The voluntary contribution for sports activities of an employee's child, which Slovak law has recognized for several years, is now mandatory for employers with 50 or more employees. If all legal criteria are met, it is no longer at the employer's discretion whether to provide the contribution if the request is made by an employee.
Don’t Forget to Register in the RPVS!
Any company or individual interested in participating in projects funded by public resources in the Slovak Republic should carefully check whether they are required to register in RPVS. This registration is often imperative to avoid severe sanctions.
New Consumer Protection Act Update Your Terms and Conditions
As of July 1, 2024, significant changes in consumer protection have taken effect with the introduction of the new Consumer Protection Act. The new consumer legislation enhances consumer protection and brings several benefits to companies.
Gesellschaftsrechtliche Nebenvereinbarungen in der Slowakei
Das Kapitel zu der Slowakei von Zuzana Tužilová im Handbuch Gesellschaftsrechtliche Nebenvereinbarungen in Europa gewährt einen Überblick über schuldrechtliche Nebenvereinbarungen von Gesellschaftern verschiedener Handelsgesellschaften nach dem slowakischen Recht.
Business Transformation Made Easier
The article analyses the newly adopted Act on Conversions of Commercial Companies and Cooperatives which i.a. creates new legal definitions in the field of conversions, mergers and divisions and brings more transparency for shareholders.
Financial Assistance is Now Legal
With effect from 1 March 2024, the provision of financial assistance by joint stock companies is permitted.
Green Light for Renewable Energy in Slovakia
The production of green energy in Slovakia is steadily growing and keeping pace with other European countries. This provides investors with more opportunities. The new target for 2030 of 42.5 % has recently been approved.
Slovak Labour Law News
The Slovak parliament has recently adopted numerous changes to various aspects of the Labour Code and we are glad to introduce you to the most important ones.
Debtors in Default, Be Aware to File a Petition for Bankruptcy
In general, debtors are obliged to prevent bankruptcy at all times. Unfortunately, this is not always the case. The Slovak parliament has therefore recently adopted a new legislation, which has extended the obligations of a debtor in financial default.