{"id":256416,"date":"2026-09-18T14:25:48","date_gmt":"2026-09-18T12:25:48","guid":{"rendered":"https:\/\/highgate.sk\/the-new-commercial-register-starting-august-17-2026-7-changes-that-affect-every-business\/"},"modified":"2026-09-18T14:27:42","modified_gmt":"2026-09-18T12:27:42","slug":"the-new-commercial-register-starting-august-17-2026-7-changes-that-affect-every-business","status":"publish","type":"post","link":"https:\/\/highgate.sk\/en\/the-new-commercial-register-starting-august-17-2026-7-changes-that-affect-every-business\/","title":{"rendered":"The New Commercial Register Starting August 17, 2026: 7 Changes That Affect Every Business"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">As of August 17, 2026, a new Commercial Register Act (Act No. 29\/2026 Z. z.) is in effect in Slovakia. This is not a minor amendment, but a regulation that has replaced the previous legislation from 2003 and has also affected the Commercial Code, the Act on the Legal Profession, the Act on Court Fees, and the rules governing corporate transformations. For an ordinary company, this means one thing in practice: the format of documents that you have previously signed with a notarized signature or sent electronically is often no longer sufficient. The process for transferring a business share has changed, as has the process for amending the articles of association, and the rules regarding who can represent you in registration proceedings have also changed.      <strong>The good news to start with is that existing companies do not have any new one-time obligation or deadline by which they would have to submit anything.<\/strong>  Entries made before August 17, 2026, remain valid. The new rules will take effect only with the first corporate change you make. That is precisely why they most often come into play at an inopportune moment\u2014such as during a transaction or a change in management that must be completed by a specific date.   <\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>1. The new law replaced the 2003 regulation<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.slov-lex.sk\/ezbierky\/pravne-predpisy\/SK\/ZZ\/2003\/530\/\" target=\"_blank\" rel=\"noopener\">Act No. 530\/2003 Coll. on the Commercial Register  <\/a>  It was in effect until August 16, 2026. As of the following day, it was fully replaced by Act No. 29\/2026 Coll., which introduces a different philosophy of registration: the registry is no longer intended to be merely a passive list of data, but a reliable source of information. Related to this is a principle that will be most evident in practice when communicating with government agencies. Registered data no longer needs to be separately verified before public authorities, and the registry is linked to the state\u2019s reference registries. A change in the managing director\u2019s address can thus be reflected automatically, without the need for a separate application. Furthermore, the \u201ccollection of deeds\u201d has been renamed the \u201ccollection of documents.\u201d While this is a terminological change, it appears in all new forms and guidelines.<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>2. The transfer of a business interest is no longer sufficient with officially certified signatures<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">This is the change that will affect the most transactions. Until now, it was sufficient for the parties to sign a contract for the transfer of a business share and have their signatures officially certified. According to the amended    <a href=\"https:\/\/www.slov-lex.sk\/ezbierky\/pravne-predpisy\/SK\/ZZ\/1991\/513\/\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.slov-lex.sk\/ezbierky\/pravne-predpisy\/SK\/ZZ\/1991\/513\/\" target=\"_blank\" rel=\"noopener\">Section 115(4) of the Commercial Code <\/a>  Such a contract must be in the form of a notarial deed or must be a contract authorized by an attorney.<\/p>\n\n<p class=\"wp-block-paragraph\">Authorization by an attorney is not the same as signature verification. An attorney drafts or reviews the contract, verifies the identities of the parties, assesses its compliance with the law, advises the parties, and attaches a certificate of authorization. Furthermore, the authorized document is filed with the central registry of the Slovak Bar Association on the very day of authorization.  <\/p>\n\n<p class=\"wp-block-paragraph\">The practical implications are twofold. While the transfer of a business interest is more administratively and financially demanding, it also reduces the potential for disputes regarding the authenticity and content of the contract. When selling a company or bringing in an investor, this means that the timeline for closing the transaction must be planned with regard to the availability of a notary or attorney. We also address this topic in an article about     <a href=\"https:\/\/highgate.sk\/en\/what-are-the-most-common-ways-structures-of-selling-a-company-on-the-slovak-market\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/what-are-the-most-common-ways-structures-of-selling-a-company-on-the-slovak-market\/\">What are the most common ways to structure a company&#8217;s sales<\/a>?<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>3. The Articles of Association and any amendments thereto must be in a qualified form<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The same logic applies to the formation of a company. Pursuant to the amended Section 57(1) of the Commercial Code, the articles of association or the certificate of incorporation must be drawn up in the form of a notarial deed or as a document certified by an attorney. The same applies to subsequent amendments, including changes to the registered office, the scope of business, or the amount of the registered capital.   <\/p>\n\n<p class=\"wp-block-paragraph\"><strong>There is an exception, but it is narrow.<\/strong>  When forming a limited liability company (s. r. o.) through a simplified process using an electronic form, neither a notarial deed nor authorization by an attorney is required. However, this procedure is subject to strict conditions\u2014including a maximum of five shareholders, a maximum of 15 business activities consisting exclusively of unregulated trades, and only cash contributions. As soon as the company requires a regulated trade, a non-monetary contribution, a sixth partner, or a non-standard provision in the articles of association, the exception no longer applies.    <\/p>\n\n<p class=\"wp-block-paragraph\">In practice, this means the end of the model in which a founder downloaded a template, customized it to his liking, signed it with a certified signature, and established the company without a lawyer reviewing the documents. If you\u2019re considering which business structure to choose, you\u2019ll find a practical comparison in the article on this topic,   <a href=\"https:\/\/highgate.sk\/en\/the-difference-between-a-trade-and-a-ltd\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/the-difference-between-a-trade-and-a-ltd\/\">What is the difference between a sole proprietorship and a limited liability company? <\/a>.<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>4. Resolutions of the General Meeting Regarding Managing Directors and Shares<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The amended Section 127a of the Commercial Code introduces a specific form of resolution for selected decisions of the general meeting of a limited liability company. This does not apply to all resolutions, but only to a precisely defined set: <\/p>\n\n<ul class=\"wp-block-list\">\n<li>establishing a voting ratio other than that corresponding to the amount of the capital contributions,<\/li>\n\n\n\n<li>change in ownership interests,<\/li>\n\n\n\n<li>the appointment or removal of a managing director.<\/li>\n<\/ul>\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p class=\"wp-block-paragraph\">A notarial record of the proceedings of the general meeting is required for these resolutions. No specific form is required for other resolutions of the general meeting. However, if a decision also amends the articles of association, it must take the form of a notarial record or a document certified by an attorney. If the company has a sole shareholder, that shareholder\u2019s decision may take the form of a notarial record or a document certified by an attorney.   <\/p>\n\n<p class=\"wp-block-paragraph\">Changing the managing director thus becomes a process that must be planned in advance. It cannot be handled overnight, and when removing a managing director amid a conflict, there is also a tactical dimension to it. If you\u2019re addressing the scope of a statutory representative\u2019s liability, we discuss the related risks in the article    <a href=\"https:\/\/highgate.sk\/en\/the-risk-free-managing-director-reality-or-myth\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/the-risk-free-managing-director-reality-or-myth\/\">A Risk-Free Executive: Reality or Myth<\/a>?<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>5. The Notary as Registrar and Limitations on Representation<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">Notaries have been granted the status of registrars. They may perform initial registrations and amendments not only for limited liability companies (s. r. o.) but also for joint-stock companies and other legal forms. However, there are exceptions: a notary cannot perform registration based on documents that he or she has drafted, and the registration of transformations, cross-border transformations, and changes in legal form continues to be performed exclusively by the registry court. The same applies to applicants exempt from court fees and to filings made through the single point of contact.<\/p>\n\n<p class=\"wp-block-paragraph\">The second part of this change is more sensitive for companies. The petitioner (for example, a managing director) may continue to file the petition personally; however, if the petitioner is represented, only an attorney, a notary, or the petitioner\u2019s own employee may represent the petitioner in the registration proceedings. If a notarial deed or authorization by a lawyer is required for a document, representation is possible only by a notary or a lawyer.  <\/p>\n\n<p class=\"wp-block-paragraph\">In practice, this means the end of filing proposals through external incorporation firms or external accountants. Companies that have had their corporate affairs handled for years by a vendor outside the legal profession will have to set up the process from scratch. <\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>6. Faster entries, but stricter rules for errors<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The deadline for completing registration remains two business days from the receipt of a complete application (as was already the case under the previous law) and now applies equally to both the registry court and the notary acting as registrar. The deadline for cross-border conversions has been shortened from 21 days to five business days. <\/p>\n\n<p class=\"wp-block-paragraph\">On the other hand, the procedure for incomplete filings has been tightened:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>If you file a petition with the registry court<\/strong>, you may not amend or withdraw it, and the court will deny the registration; you may file objections within 15 days,<\/li>\n\n\n\n<li><strong>If you submit the application to a notary as the registrar<\/strong>, the notary may ask you to correct any deficiencies within 15 days.<\/li>\n<\/ul>\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p class=\"wp-block-paragraph\">The deadline for filing a petition to register a change remains 30 days from the date the change occurred. Therefore, the time needed to prepare the documents in the required format must be factored in before the decision is made, not after. The deadline for filing the application has not been extended.  <\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>7. Higher Fines and New Legal Concepts<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The administrative fine has increased from 3,310 euros to 4,000 euros and may be imposed repeatedly. It is imposed on the person authorized to act on behalf of the registered entity, and the members of the collective statutory body are jointly and severally liable. Reasons for the fine may include failure to file a proposal within the deadline, late filing of documents with the registry, or false information in the proposal.  <\/p>\n\n<p class=\"wp-block-paragraph\">In addition, several legal institutions were added or amended:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>Reservation of a trade name<\/strong> for 60 days for a fee of 50 euros; the District Court in \u017dilina maintains a register of reserved trade names, and the reservation expires upon the company\u2019s registration or the expiration of the period,<\/li>\n\n\n\n<li><strong>a registry of disqualifications of individuals (in existence since 2016; now regulated directly by the Commercial Register Act)<\/strong> who <strong>are<\/strong> prohibited from serving as members of a statutory or supervisory body, as a company executive, or as an authorized signatory,<\/li>\n\n\n\n<li><strong>Lifting of restrictions on single-member limited liability companies <\/strong>; a single-member limited liability company may now be the sole founder of another company, and a natural person is no longer limited to three companies in which he or she is the sole shareholder,  <\/li>\n\n\n\n<li><strong>An automatic business license is issued for specified unregulated trades<\/strong> upon the company&#8217;s registration, which simplifies the process of starting a business.<\/li>\n<\/ul>\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>What does this mean for an ordinary company?<\/strong><\/h2>\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Action<\/strong><\/td><td><strong>What to Do After 5 p.m. 8. 2026<\/strong><\/td><\/tr><tr><td>Forming a Limited Liability Company (s. r. o.) <\/td><td>Articles of Association in the form of a notarial deed or a document certified by an attorney; the exception is simplified electronic incorporation<\/td><\/tr><tr><td>Transfer of a Business Interest<\/td><td>An agreement in the form of a notarial deed or an agreement certified by an attorney; approval by the general meeting, if required by the articles of association (in a qualified form if there is also a change in the ratio of shares, the voting ratio, or the managing director)<\/td><\/tr><tr><td>Change of Managing Director<\/td><td>Notarized minutes of the general meeting; if there is only one shareholder, authorization by an attorney may also be required<\/td><\/tr><tr><td>Change of Registered Office or Scope of Business<\/td><td>Amendment to the Articles of Association by Qualified Vote<\/td><\/tr><tr><td>Filing an Application for Registration<\/td><td>The petitioner files the petition either personally or through a lawyer, a notary, or one of their own employees<\/td><\/tr><tr><td>Merger or Change in Legal Form<\/td><td>Registration is carried out exclusively by the court of registration<\/td><\/tr><\/tbody><\/table><\/figure>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>What Costs and Timelines Should You Expect?<\/strong><\/h2>\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Item<\/strong><\/td><td><strong>Standings after Round 17. 8. 2026<\/strong><\/td><\/tr><tr><td>Initial Registration of a Limited Liability Company (Court Fee)  <\/td><td>220 euros<\/td><\/tr><tr><td>Record of Data Changes<\/td><td>50 euros<\/td><\/tr><tr><td>Reservation of a Trade Name<\/td><td>50 euros for 60 days<\/td><\/tr><tr><td>Dissolution of a Company<\/td><td>free of charge<\/td><\/tr><tr><td>Notarial deed or authorization by an attorney<\/td><td>Based on the scope of the document, this is a new budget line item<\/td><\/tr><tr><td>Deadline for filing a request to register a change<\/td><td>30 days from the date the change occurred<\/td><\/tr><tr><td>Deadline for registration<\/td><td>2 business days from the final design<\/td><\/tr><tr><td>Objections to the Denial of Registration<\/td><td>15 days<\/td><\/tr><\/tbody><\/table><\/figure>\n\n<p class=\"wp-block-paragraph\">When filing a petition with a notary public acting as registrar, a notary fee is paid in lieu of a court fee.<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>Example scenario: Sale of a 40% stake scheduled for the end of the month<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">A partner agreed with an investor to sell a 40% ownership interest. The agreement was to be signed by the end of the month so that the transaction could be completed by the end of the fiscal period. Under the old rules, it would have been sufficient to draft the contract, verify the signatures, and file the proposal.  <\/p>\n\n<p class=\"wp-block-paragraph\">After August 17, 2026, that same schedule looks different: <\/p>\n\n<p class=\"wp-block-paragraph\">1.<strong> A contract for the transfer of a share must take the form of a notarial deed or be certified by an attorney.<\/strong> An appointment with a notary or an attorney must be scheduled in advance, not the day before the signing.<\/p>\n\n<ol class=\"wp-block-list\"><\/ol>\n\n<p class=\"wp-block-paragraph\">2.<strong> The decision of the general meeting must be finalized.<\/strong> The consent of the general meeting is required if so stipulated in the articles of association. If, at the same time, the voting ratio or the ratio of ownership interests is changed, this constitutes a decision for which Section 127a requires a notarial record. <\/p>\n\n<p class=\"wp-block-paragraph\">3.<strong> If the change in ownership also involves a change in the managing director<\/strong>, this constitutes another decision requiring a qualified form, which is typically included in the same notarial record.<\/p>\n\n<p class=\"wp-block-paragraph\">4.<strong> The application must be filed by an attorney, a notary, or a company employee.<\/strong> An external accountant can no longer file it, which is often discovered at the last minute.<\/p>\n\n<p class=\"wp-block-paragraph\">5.<strong> The petition must be complete the first time it is filed.<\/strong> The registration court will reject an incomplete petition without allowing for amendments.<\/p>\n\n<p class=\"wp-block-paragraph\">6.<strong> There is a 30-day period to file a motion from the date the change occurs.<\/strong> If this deadline is missed, the statutory representative may be subject to an administrative fine of up to 4,000 euros.<\/p>\n\n<ol start=\"1\" class=\"wp-block-list\"><\/ol>\n\n<p class=\"wp-block-paragraph\">Furthermore, when selling a portion of a stake, the purchase price is not the only issue to be addressed. Equally important is what decision-making and information rights will remain with the original owner and how the value of the stake will be determined in the first place. We address this in the article on    <a href=\"https:\/\/highgate.sk\/en\/how-the-value-of-a-company-is-determined-and-how-the-purchase-price-works-when-selling-a-company\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/how-the-value-of-a-company-is-determined-and-how-the-purchase-price-works-when-selling-a-company\/\">How a company&#8217;s value is determined and how the purchase price works when a company is sold<\/a>.<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>What to Watch Out For in Practice<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The most common mistakes we&#8217;ve seen in the first few weeks since the new law took effect:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>The company schedules the closing of the transaction for a specific date and does not take into account that the notary or attorney needs time to prepare and authenticate the documents,<\/li>\n\n\n\n<li>The articles of association still contain provisions referring to the repealed Act No. 530\/2003 Z. z., which, while not rendering them invalid, does complicate their interpretation,<\/li>\n\n\n\n<li>the application for registration is filed by a person who is no longer authorized to do so, and the proceedings are unnecessarily prolonged,<\/li>\n\n\n\n<li>The partners underestimate the 30-day deadline for filing the motion and expose the authorized representative to the risk of an administrative fine,<\/li>\n\n\n\n<li>The company is relying on the exemption for the simplified formation of a limited liability company, even though it does not meet the conditions for it,<\/li>\n\n\n\n<li>When selling a portion of a share, only the purchase price is addressed; the rights that remain with the original owner are not addressed, even though those are best handled in <a href=\"https:\/\/highgate.sk\/en\/shareholders-agreement-for-sale-and-purchase-of-a-company\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/shareholders-agreement-for-sale-and-purchase-of-a-company\/\">a shareholders\u2019 agreement or a partnership agreement<\/a>.<\/li>\n<\/ul>\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>How Highgate Can Help<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">In practice, changes to the commercial register are rarely handled in isolation. They usually occur in conjunction with a transaction, an investor\u2019s entry, a generational transition, or a group reorganization\u2014situations where corporate law, tax, and accounting intersect. <\/p>\n\n<p class=\"wp-block-paragraph\">Highgate can help, in particular, with:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>the preparation and authorization of corporate documents,<\/li>\n\n\n\n<li>through transfers of ownership interests and changes in the statutory bodies,<\/li>\n\n\n\n<li>revision of the articles of association and bylaws in accordance with the new regulations,<\/li>\n\n\n\n<li>by establishing an internal process for corporate affairs,<\/li>\n\n\n\n<li>preparing transaction documentation and <a href=\"https:\/\/highgate.sk\/en\/advising-on-ma-transactions\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/advising-on-ma-transactions\/\">providing advisory services for M&amp;A transactions<\/a>,<\/li>\n\n\n\n<li>preparing the company for <a href=\"https:\/\/highgate.sk\/en\/what-is-the-process-and-how-to-best-prepare-for-financial-tax-and-legal-due-diligence-of-a-company\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/what-is-the-process-and-how-to-best-prepare-for-financial-tax-and-legal-due-diligence-of-a-company\/\">financial, tax, and legal due diligence<\/a>.<\/li>\n<\/ul>\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p class=\"wp-block-paragraph\">If you&#8217;re planning a change within your company in the coming months, it&#8217;s a good idea to prepare the necessary documents in advance. You can contact the Highgate team for   <a href=\"https:\/\/highgate.sk\/en\/services\/esop-and-employee-shares\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/services\/esop-and-employee-shares\/\">corporate law<\/a>.<\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>Frequently Asked Questions<\/strong><\/h2>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Do I need to do anything with my existing business after August 17, 2026? <\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">No. Entries made before that date remain valid, and the new law does not impose a one-time requirement to update the information. The new rules will apply only at the time of the next change.  <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Is a certified signature sufficient when transferring a business interest?<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">No. According to Section 115(4) of the Commercial Code, a contract for the transfer of a business share must take the form of a notarial deed or must be certified by an attorney.  <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Does the qualified form also apply to the simplified incorporation of a limited liability company? <\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">When forming a limited liability company (s. r. o.) through a simplified process using an electronic form, neither a notarial deed nor authorization by an attorney is required. However, this procedure is limited, among other things, to a maximum of five shareholders, up to 15 business activities from the list of unregulated trades, and cash contributions. In other cases, the formal procedure is required.    <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>For which decisions of the general meeting is a notarial record required?<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">Pursuant to Section 127a of the Commercial Code, this applies in particular when determining a different voting ratio, when changing ownership interests, and when appointing or removing a managing director. For other decisions of the general meeting, no specific form is required unless such a decision also involves an amendment to the articles of association. A decision by the sole shareholder may take the form of a notarial deed or a document certified by an attorney.  <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Can an accountant handle the changes to the commercial register for me?<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">You can file the application yourself as a statutory representative. If you choose to be represented, it can only be by an attorney, a notary, or your own employee (including an in-house accountant). An external accountant or a company formation agency can no longer file the application.  <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>How long does it take to register a business in the Commercial Register?<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">Registration will be completed within two business days of receipt of the complete application. If the application is incomplete and you file it with the registry court, the court will reject it without allowing you to supplement it, and you may file objections within 15 days. <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>What is the penalty if I don&#8217;t report the change on time?<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">An administrative fine of up to 4,000 euros may be imposed, and it may be imposed repeatedly. It is imposed on the person authorized to act on behalf of the company, and the members of the collective statutory body are jointly and severally liable. <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>How do I reserve a business name?<\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">An application for reservation is filed with the register of reserved business names maintained by the District Court in \u017dilina. The fee is 50 euros, and the name remains reserved for 60 days. <\/p>\n\n<h3 class=\"wp-block-heading\"><a><\/a><strong>Can I own more than one single-member limited liability company? <\/strong><\/h3>\n\n<p class=\"wp-block-paragraph\">Yes. The new law has repealed the previous restrictions (both the prohibition on chaining and the limit of three companies per individual), so an individual is no longer limited by the number of companies in which he or she is the sole shareholder. <\/p>\n\n<h2 class=\"wp-block-heading\"><a><\/a><strong>In conclusion<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The new Commercial Register Act did not impose any one-time obligation on existing companies, but it did change the cost and time required for nearly every corporate change. It is crucial to understand that the short registration deadline comes at the cost of stricter preparation requirements: the document must be in the proper form, the application must be complete the first time it is submitted, and only a limited group of people may file it. <\/p>\n\n<p class=\"wp-block-paragraph\">Companies planning to sell a stake, bring in an investor, change their CEO, or undergo a reorganization in the coming months should therefore address the necessary documentation well before the signing date approaches. Revising the articles of association and establishing an internal process for corporate affairs are less costly than having a proposal rejected or the closing of a transaction delayed. <\/p>\n\n<p class=\"wp-block-paragraph\">At Highgate, we prepare corporate documentation in a new format, coordinate it with notaries, and assess the tax and accounting implications of the planned change. If you\u2019re planning to register your business in the near future, please contact us   <a href=\"https:\/\/highgate.sk\/en\/contacts\/tomas-demo\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/contact\/\">contact us<\/a> or make a reservation  <a href=\"https:\/\/highgate.sk\/en\/znacka-produktu\/consultations-with-tomas-demo\/\"><\/a><a href=\"https:\/\/highgate.sk\/en\/znacka-produktu\/consultations-with-tomas-demo\/\">consultation<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of August 17, 2026, a new Commercial Register Act (Act No. 29\/2026 Z. z.) is in effect in Slovakia. This is not a minor amendment, but a regulation that has replaced the previous legislation from 2003 and has also affected the Commercial Code, the Act on the Legal Profession, the Act on Court Fees, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":256414,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[186],"tags":[],"class_list":["post-256416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quick-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/posts\/256416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/comments?post=256416"}],"version-history":[{"count":1,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/posts\/256416\/revisions"}],"predecessor-version":[{"id":256417,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/posts\/256416\/revisions\/256417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/media\/256414"}],"wp:attachment":[{"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/media?parent=256416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/categories?post=256416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highgate.sk\/en\/wp-json\/wp\/v2\/tags?post=256416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}