BUSINESS IN SLOVAKIA OF NON-RESIDENTS

Non-residents shall be authorized to conduct business in the territory of the Slovak Republic under the same conditions and to the same extent as residents, any legal entity having its registered office outside the territory of the Slovak Republic. A legal entity with its registered office in the Slovak Republic shall be regarded as a resident legal entity.

Term ” business of a non-resident in the territory of the Slovak Republic“ shall mean business conducted by a non-resident if its enterprise or an organizational unit thereof are located in the Slovak Republic.

A non-resident shall be entitled to conduct business in the territory of the Slovak Republic starting from the date of registration of its enterprise or an organizational unit thereof into the Companies Register, to the extent of the scope of business recorded therein. The registration

request shall be filed by the non-resident concerned.

The authorization of a non-resident to conduct business in the territory of the Slovak Republic shall terminate as of the date of cancellation of the enterprise or organizational unit of such a party from the Companies Register. A request of cancellation shall be filed by the nonresident party.

Above given shall not apply to individuals, who are to be registered in the Companies Register, and who are resident in any of the European Union member States or any of the members States of the Organization for Economic Cooperation and Development and who conduct business in the territory of the Slovak Republic.

Non-resident parties shall specify, on any business documents pertinent to the enterprise of a non-resident party or its organizational unit, also data concerning the registration of the enterprise or its organizational unit into the Companies Register.

Business documents pertinent to an enterprise of a non-resident party or its organizational unit shall bear the name of a foreign Companies Register or another register, in which the non -resident party is registered, and also data concerning the registration of the non -resident party into such Companies Register or another register, provided that the law of the country, by which the non-resident party is governed, makes the registration into the Companies Register or another register mandatory.

Data referred above shall be indicated by non-resident parties also in any official correspondence, which is pertinent to their enterprise or an organizational unit.

 

ORGANIZATIONAL UNITS OF AN ENTERPRISE

The term ” organizational unit of an enterprise“  shall mean a branch or another organizational unit of an enterprise. A branch of an enterprise shall be an organizational unit of an enterprise, which is registered as branch in the Companies Register.

A branch shall use the name of the enterprise with an addendum indicating the branch concerned. An organizational unit of an enterprise other than branch shall have status similar to that of a branch in cases, in which the law requires registration of such an organizational unit into the Companies Register.

The term ” establishment“ shall mean the premises, in which a specific business is being conducted.

The establishment must bear the entrepreneur–s business name, to which the name of the establishment, or another designation specifying the business premises in question, may be attached.