# business register

In 2020 there will be fundamental changes in the process of liquidation of companies in Slovakia. On the one hand, hundreds of inactive companies will disappear from the Slovak Business Register, and on the other hand, the current process of liquidation of companies shall be tightened.

By the entry into force of Act No. 52/2018 Coll. a new legal obligation will arise for all legal entities, natural persons - entrepreneurs as well as other associations, to register their beneficial owners in the Slovak Business Register.