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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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Social and health insurance contributions · September 13, 2024
Voluntary social insurance: how to protect yourself against unexpected situations
Paying voluntary social insurance gives citizens protection against unexpected life situations. This type of insurance secures an income in the event of illness, maternity, job loss or reaching retirement age. Employers pay social insurance contributions for their employees from their gross wages, and in some cases the state may pay the insurance, for example during maternity leave.
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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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Legislation and amendments · Employment and labour law · July 30, 2024
AMENDMENT TO THE LABOUR CODE – KEY CHANGES FROM 1 AUGUST 2024
On 18 June 2024, the National Council of the Slovak Republic approved an amendment to Act No. 311/2001 Coll., the Labour Code, which will take effect on 1 August 2024. This amendment brings several changes to labour law, including the possibility of wages being paid by the service contractor in the Slovak Republic and adjustments to work performed by minor employees.
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Finance and financial management · Legislation and amendments · July 25, 2024
WHAT ARE THE NEW CHANGES IN PUBLIC PROCUREMENT?
Public procurement has undergone two amendments that bring new exemptions, adjusted thresholds and changes to the supervision of public procurement. Here is an overview of the key changes effective from 1 August 2024. June 2024 was a period of significant change in public procurement.
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Finance and financial management · July 8, 2024
CHANGES TO THE SUBSISTENCE MINIMUM FROM 1 JULY 2024 AND THEIR IMPACT
From 1 July 2024, the subsistence minimum is increasing, which will affect various social benefits, allowances and income tax figures. What is the new level of the subsistence minimum and what other changes can you expect?
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Finance and financial management · Social and health insurance contributions · July 8, 2024
CHANGES TO THE PENSION SYSTEM: NEW MINIMUMS AFTER ENFORCEMENT, ADJUSTED EARLY PENSIONS AND UPDATED MINIMUM PENSION AMOUNTS
From 1 July 2024, the subsistence minimum increased from €268.88 to €273.99 per month. This change will affect enforcement deductions from pensions, entitlement to an early old-age pension and the level of minimum pensions. What does all this mean for pensioners?
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