So I hope you enjoyed our conference ‘Real Estate – Taxes and Financing’!

So I hope you enjoyed our ‘Real Estate – Taxes and Financing’ conference too! There was really a lot of work behind it. Who cares, we do our conferences in-house. With our own marketing plan and our own organization. Thanks to my colleagues Alexandra Rafajová, Roman Baranec, Jana Mariaková, Adam Pásztor, Michal Výboch, Tomáš Demo […]
Yesterday I spoke on a panel at the ta3 conference on investing

Yesterday, I spoke on a panel at a ta3 conference on investing. A worthwhile event 👏 In addition to basic comments on regulation and taxation of different types of investment assets, I also commented on: 👉 the topic of investment funds and some of the regulatory structures where, thanks to the new tax changes from […]
As a transactional lawyer, I am used to “bump” periods

As a transactional lawyer, I am used to “burst” periods where we work two shifts in the last weeks and days before the signing/closing of a transaction 😁 However, I have never experienced such an intense period as I have experienced in the last two months. What has happened in my life? 📌 On August […]
Looking into Bratislava’s downtown, many of the real estate projects located here are closely linked to regulated investment structures

Looking at Bratislava’s downtown, many of the real estate projects located here are closely linked to regulated investment structures. First of all, there are bond issues in the case of the owner of the Eurovea project or the owner of the Zwirn project, but above all real estate investment funds, whose portfolio includes, for example, […]
The punishment for doing business without the relevant permit from the National Bank of Slovakia includes imprisonment for twelve to twenty years.

The National Bank of Slovakia also imposes a penalty of twelve to twenty years’ imprisonment for conducting business without the relevant permit. This is due to the structure of the Slovak version of the criminal offence of laundering the proceeds of crime (Section 233 of the Criminal Code). Thus, for example, in a structure where […]
ESOP amendment again unmasked the (in)quality of the standard-setting process in Slovakia

The ESOP amendment once again exposed the (in)quality of the standard-setting process in Slovakia. How is it actually with the tax exemption? The business community has enthusiastically embraced the recently approved amendment to the Income Tax Act (the “ESOP amendment”), which aims to exempt/non-tax acquired shares in companies for so-called ESOPists. Unfortunately, there is a […]
The journey of receipts to the accountant is usually a tangled one. Don’t wash them

The journey of receipts to the accountant is usually a tangled one. Don’t wash them ❌. Rather, take pictures and scan them 😅 A slip lost, washed, dusted, thrown away. An annoying accountant chases you and you don’t know where you put it. Your smartphone and the eBlocks app can save you from the monthly […]
Some small investment funds are relatively easy to set up in Slovakia and are not expensive to run

Some small investment funds are relatively easy to set up in Slovakia and are not expensive to run. For most of them, however, a major disadvantage is the range of investors to whom these funds can be distributed. These are primarily professional investors, and (apart from some legal entities) the criteria for a professional investor […]
What will be the liquidity of Slovak real estate?

What will be the liquidity of Slovak real estate? Will (also because of the election result) foreign ones be more in the course? We will see. In any case, the demand for the creation of investment structures for platforms investing Slovak investors’ money in foreign real estate is growing in our regulatory and tax advisory […]