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Finance and financial management · Business and start-ups · October 18, 2024
The 2025 consolidation package: what lies ahead for you as an entrepreneur or sole trader
The year 2025 will bring fundamental changes that will affect every entrepreneur and sole trader. As an accounting firm, we are here to help you better understand these changes and prepare for their impact. In this article, we give you an overview of the most important measures in the consolidation package approved by parliament.
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Business and start-ups · Employment and labour law · September 19, 2024
Employment contract: what must it contain and what can it contain?
An employment contract is the basic document governing the relationship between an employee and an employer. This article explains the mandatory and optional particulars of an employment contract. WRITTEN FORM AND INFORMATION ON WORKING CONDITIONS A valid employment contract must be concluded in writing. Oral agreements are not enough. Before the contract is signed, the employer must inform the employee of their rights, obligations and working conditions.
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Finance and financial management · Business and start-ups · Social and health insurance contributions · Employment and labour law · September 5, 2024
Running a business and receiving unemployment benefit: is it possible?
Can an entrepreneur, such as a shareholder or managing director of an s.r.o. or a self-employed person (SZČO), bridge a period without income with unemployment benefit? You will find the answers to these questions in the following article.
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Business and start-ups · September 1, 2024
Reducing the share capital of an s.r.o.: procedure and important steps
Reducing the share capital of a limited liability company (s.r.o.) is one of the significant changes that can occur during a company’s existence. The process involves a number of administrative and legal steps that must be followed carefully for the change to be successfully entered in the Commercial Register of the Slovak Republic.
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Business and start-ups · August 21, 2024
The company merger process: step by step
A merger of companies is a complex legal process that requires thorough preparation and compliance with the prescribed steps and deadlines. In this article we give you an overview of the main steps to be taken in a company merger, as well as important information on the related obligations.
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Finance and financial management · Business and start-ups · Social and health insurance contributions · August 15, 2024
The obligation of self-employed persons to pay social insurance contributions from 1 July 2024 and 1 October 2024
From 1 July 2024, or from 1 October 2024 (where the deadline for filing the tax return was extended), new rules apply to the obligation of self-employed persons (SZČO) to pay social insurance contributions. This obligation depends on the income reported in the tax return for the previous calendar year.
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Finance and financial management · Business and start-ups · Employment and labour law · August 8, 2024
AVERAGE MONTHLY WAGE FOR 2023: THE RESULTS AND THEIR IMPACT ON 2025
The Statistical Office of the Slovak Republic has published data on the average monthly wage of an employee for 2023. In this article, you will find out what it amounts to, in which sectors and regions employees earn the most, and how these figures will affect various parameters in 2025.
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Business and start-ups · Employment and labour law · July 30, 2024
NEW MEAL ALLOWANCE AMOUNTS FOR DOMESTIC BUSINESS TRIPS
In June 2024, the Ministry of Labour, Social Affairs and Family of the Slovak Republic published preliminary information on the increase in the meal allowance for domestic business trips. This step will also affect other figures. Let us take a look at what changes lie ahead and when we can expect them to take effect.
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Finance and financial management · Business and start-ups · June 5, 2024
Dividends – payment and taxation for past accounting periods
Paying out dividends for past periods brings with it several important tax and contribution obligations, which depend on the accounting period for which the profit of the company or cooperative was generated. Below is an overview of the individual rules according to the period for which the dividends are paid.
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Business and start-ups · Employment and labour law · May 14, 2024
THE STATE WILL REIMBURSE 90% OF THE COST OF TRAINING NEW EMPLOYEES
Dozens of young people are now starting their careers through a state support project called Right to a First Job, which enables them to acquire the necessary work skills. The project gives employers the opportunity to train new employees almost free of charge, with the labour ministry refunding 90% of their wage costs for six months.
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Legislation and amendments · Business and start-ups · May 8, 2024
How will the new Consumer Protection Act affect entrepreneurs?
The new Consumer Protection Act brings entrepreneurs new obligations and rules designed to bring domestic regulations into line with European legislation. Entrepreneurs, especially those who sell goods or services online, will have to update their business processes.
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Finance and financial management · Business and start-ups · Accounting · Employment and labour law · March 14, 2024
WHO FILES AN INCOME TAX RETURN?
The following are required to file an income tax return: This year, the deadline for filing the income tax return is 2 April 2024. In addition to filing the tax return by the regular deadline, you can request an extension of the deadline for filing the tax return, either: HOW TO EXTEND THE DEADLINE FOR FILING A TAX RETURN?
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