As of January 1, 2017, the so-called simple share company will be introduced in Slovakia.
As a result of a call from the business environment, this new form of a company defined by the Business Code merges the properties of Ltd. and public join-stock company. A simple share company is liable for its debts up to the total amount of its assets, whereby shareholders are out of their liability. The company’s shares can only be issued as booked and registered shares. The total value of the registered capital must be paid off before the company is established. The minimum registered capital is one euro.
Peter Compel, CAG member for the Czech Republic, developed together with Kamar sofware a new application for law firms in CZ and SK. This program helps law firms with time-sheets, monthly billing and invoicing. Once ENG version is prepared, the interested CAG members will evaluate the possible use of this program in other CAG member countries.
This application is the first commercial project within the CAG network.
You can find the CZ and SK version of this sofware here:
Do not miss our new contribution in the section „Did You Know…“
Is there any tax on transfer (or acquiring) of ownership of immovable property (land, buildings, flats) from a seller to buyer?