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News and articles from the legal environment and interesting information from Skylex.

Changes to the transfer of a majority business interest.

Yesterday (05.04.2022), we brought you (click and read) an article about the procedure for transferring a majority business interest. We are pleased to bring you an encouraging update – on 06.04.2022, an indirect amendment to the Commercial Code was published in the Collection of Laws, significantly changing the obligations of the parties and the effect of the transfer of a majority business interest: The legislator understood that

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Transfer of a majority business interest

Imagine the following situation: You have a company with two shareholders – each shareholder holds a 50% business interest, and one of the shareholders wishes to transfer their 50% business interest to a third party. This person is not a shareholder in the company. All parties involved are Slovak persons.

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