The memorandum of association of a limited liability company in Slovakia must contain the following essentials:

a) the business name and the registered office of the company,

b) identification of the company–s members, by specifying the business name and the registered office (if the member is a legal entity), or the name and the residence (if the

member is an individual),

c) the scope of its business (activities),

d) the amount of the registered capital, the amount of each member–s contribution to the company, the fraction thereof paid up upon establishment of the company, the terms of payment of the pledged contributions, and a description of the contributed property in case of any contributions in kind, together with its value in money terms, which shall be set -off against the pledged contribution of the member,

e) the names, residences and birth certificate numbers of the company–s first executive directors and the manner in which they will represent the company. As regards non-resident individuals, their dates of birth shall be specified if no birth certificate numbers have been assigned ,

f) the names, residences and birth certificate numbers of the members of the first supervisory board, if established. As regards non-resident individuals, their dates of birth shall be

specified if no birth certificate numbers have been assigned,

g) identity of the contributions ,

h) the reserve fund, where a reserve fund is established by the company upon its incorporation, the limit, up to which the company shall be obliged to replenish the reserve fund, together with the terms,

i) benefits granted to persons involved on the establishment of the company and on the obtainment of its permits and authorizations,

j) an estimate of the expenses of the company associated with the establishment and incorporation of the company,

k) further details, if any, required by the law.

The memorandum of association may also provide that articles of association shall be issued to regulate the company–s internal organization, and address in more detail some matters included in the memorandum of association.

 

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