In previous articles, we discussed how marriage and the BSM regime affect business, how to protect a company and investments during a divorce, and how a business interest is settled after a divorce. However, divorce is not the only situation that can jeopardize assets built up over many years. The second—and, paradoxically, much less discussed—is […]
The credit registry plays an important role in the decisions made by banks and other financial institutions regarding whether to approve a consumer loan, mortgage, lease, credit card, or overdraft for you. It is not merely a list of debtors or defaulters. The registry may also contain information about your existing and past loans, applications […]
Financial leverage allows a company to finance growth, investments, or the acquisition of another company through loans and other forms of debt capital. If the investment generates more revenue than the cost of financing, debt can increase the return on equity. However, in the event of weaker results, the same mechanism amplifies losses, increases pressure […]
Peter Varga, co-founder of the Highgate Group, spoke to TREND about possible changes to the Slovak tax system and the introduction of the so-called Estonian tax model. The basic principle is that companies do not pay tax on profits that remain within the company and are reinvested. Taxation occurs only when those profits are distributed […]
Peter Varga, a tax advisor and partner at Highgate Group, provided commentary to SME on how Ivan Korčok’s collaboration with Progressive Slovakia was structured through the company Eustra, whose sole shareholder is Korčok’s wife. In the article, he explains under what conditions a husband can work for his wife’s s.r.o., whether this arrangement results in […]
