Kinds and types of business companies in Slovakia
A business company is a legal entity that is established for the purpose of doing business. It can be created...
READ THE ARTICLEDespite the fact that a company is not required to draft a new version of the partnership agreement when changing the managing director according to the Commercial Code, it is essential to submit the amended partnership agreement as an attachment with the application for changes in the manner of acting. We will handle the entire process for you.
If a company has only one managing director, their manner of acting is always straightforward – they act and sign on behalf of the company independently. If there are multiple directors, their manner of acting can vary: each director may act and sign independently, they may act and sign jointly, or they may act together and independently in certain defined matters, among other variations.