Entrepreneurs often think that the money in the company is “their money” and that they can simply transfer it from the company account to their personal account. Just like that—without anything further. Especially when the managing director and shareholder are the same person. A classic mistake, as they say
Imagine that you have been building your business for years. You came up with a name for it that evolved into a brand loved by your customers. You created a unique logo that you trust so much that it became the designation under which you promote your products or services. You invested
We cordially invite you to a unique Czech-Slovak webinar on protecting family assets and businesses, “STRUCTURES THAT PROTECT (FAMILY) ASSETS AND SURVIVE GENERATIONAL TRANSITION.” Every company founder can be the first generation (G1) in a family business and build it within a functional structure
Loan agreement between a company and its shareholder Illustrative example: Imagine a situation that perhaps every entrepreneur has encountered by now. You needed to borrow money from the “company” account for your private purposes. As a rule, we encounter this situation in the case of so-called single-member companies (s.r.o.), where
Legal and accounting-tax perspective Imagine the following model situation: You have a limited liability company and want to transfer your, for example, 100% business interest to another person. Your reasons may vary – selling the company to a larger player, tax optimization, generational transition. LEGAL PERSPECTIVE 100% business interest
We prepared an interesting article for e-pravo.sk about how to divide a business interest, what to watch out for when dividing a business interest, the pitfalls of dividing a business interest, and what is new in the legislative area of dividing a business interest from 17.