The risk of a company criminal liability can be reduced with a well-set compliance program. And it is also important to identify the risk areas within the company – read more in our article.
Legal and corporate
The commercial arbitration is a form of alternative jurisdiction to usual courts of law in Romania and does not apply in disputes concerning the civil status of the individual, the capacity of persons, succession debates, family relations, as well as the rights over which they cannot dispose of.
As of 1 November, 2018, legal entities registered in the Slovak Commercial Register, which are not public authorities or issuers of securities admitted for trading on regulated market, are required to register in non-public part of the relevant Commercial Register information regarding their ultimate beneficial owners (“UBOs”).
Can the risk of company criminal liability be reduced? And what is a compliance program, is it suitable for my business? Learn more in our article.
Let us emphasize the obligation of statutory bodies to draw up a report on relations between the controlled and controlling entity, set by the Act on Business Corporations. The report should be prepared within 3 months after the end of the accounting period.
Find out more about about entering Slovak market from our: “2019 Company Formation in Slovakia (PDF)”.