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| 2017: Restructuring changes take effect |
| Bratislava, 18.12.2017 |
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| None of the legislative changes introduced in 2017 are as far-reaching, in practice and in expectations, but the government has nevertheless passed a number of changes that are set to significantly influence businesses in Slovakia.
Justice Minister Lucia Žitňanská introduced the key measure of her term, the anti-shell law, in her first year in office under the third government of Robert Fico. None of the legislative changes introduced in 2017 are as far-reaching, in practice and in expectations, but the government has nevertheless passed a number of changes that are set to significantly influence businesses in Slovakia.
New rules for distrainment, including personal distrainment, and major restructuring rules, are among the changes that became effective in 2017. Another measure, anchored in the amendment to the Business Code, is expected to prevent the malicious fusions of companies and introduces rules against using strawmen.
Moreover, the government has introduced a set of 34 measures, the so-called Business Package, through which the Economy Ministry pledges to improve the country’s standing in the Doing Business ranking and decrease the bureaucratic burden on businesses.
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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