27. April 2018

New wages benefits for work on weekend, bank holidays and work at night

Amendment to the Labor Code introduced by Act No. 63/2018 Coll. and adopted on February 14, 2018. The main aim of the amendment is to introduce a special wages benefit for work on Saturday (new Section 122a), on Sunday (new Section 122b), and the increase of benefit for night work (revised of Section 123) and for work during bank holidays (revised Section 122). Regarding the work on Saturday and Sunday,…

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27. April 2018

Amendment to Act on Employment regarding the employment of persons from third countries

Amendment of the Act on Employment (5/2004 Coll.) – aim is to simplify the employment of persons from third countries (non-EU countries). The process of employment has remained the same (temporary residency permit, submission of application at the embassy in his country, the labor contract or promise from Slovak employer, etc.). Advantage – Slovak employer does not have to notify the labor office on vacant positions if such positions are…

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13. March 2018

Implementation of the GDPR

The General Data Protection Regulation No. 2016/679 (“GDPR”), which comes into effect on May 25, 2018, unifies the personal data protection requirements across the European Union. As of this date each controller and each processor shall have the procedures for the processing of personal data harmonized with the GDPR. Fines for the violation of the GDPR are very high – up to EUR 20 mil. or 4% of the total…

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13. March 2018

New restrictions applicable to merger or division of the company

The latest amendment to the Commercial Code No. 264/2017 Coll. introduces several new obligations and restrictions applicable to mergers or divisions of the company. The objective of these provisions (effective from January 1, 2018) is to improve the protection of the rights of creditors and shareholders of companies involved in mergers or divisions. The amendment stipulates general conditions that a company must meet in order to be able to participate…

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4. January 2018

Constitutional court closed long discussed issue of acting on behalf of the employer

Constitutional Court of SR has settled long discussed issue of acting on behalf of employer within labor law relations – the Constitutional Court of the Slovak Republic concluded and decided on August 31, 2017 (decision case No. I. ÚS 155/2017) that according to the Slovak Labor Code the employer is entitled to grant power of attorney (authorize) to act on behalf of the employer within the labor law relations, besides…

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19. July 2016

The Electronic Mailbox

On the 1st of November 2013 the Act on Electronic Form of the Performance of the Scope of Public Authorities (the e-Government Act) (hereinafter the “Act”) entered into force. The Act regulates the basis of the electronisation of the government and introduces electronisation of the services. The goal of the Act is to reach full electronisation of the performance of the public authorities in the way that the personal contact…

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10. June 2016

Posting the employees

On 18 June 2016, the Act No. 351/2015 Coll. on cross-border cooperation within posting the employees for works at providing the services as amended (the “Act”) enters into force. Except establishing new obligations for the employers, the Act amends and supplements Act No. 311/2001 Coll. Labour Code (the “LC”). The Act transposed Directive 96/71/EC concerning the posting of workers in the framework of the provision of services. All of the…

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19. June 2015

Administrative burdens associated with the establishment of the company shall be lowered

With the effectiveness from January 1, 2016 the Section 60 of the Commercial Code, which governs the administration of contribution prior to the creation of a company, shall be changed – the provision according to which the monetary contributions or their parts paid prior to the creation of the company are paid to a special independent account established in a bank by the administrator of the contribution, and which governs…

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19. June 2015

Abolition of conflict of interest transactions regulation in the limited liability companies effective as of January 1, 2016

Subject to Section 59a of the Commercial Code, if a company acquires a property on a basis of contract concluded with its founder or shareholder for a consideration amounting to not less than 10 % of the authorized share capital value, the value of the contractual subject matter shall be determined by an expert opinion. This section introduces also other limitations and duties with respect to conflict of interest contracts…

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