The new Construction Act, effective from 1 April 2025, brings a fundamental reform of building procedures in Slovakia after almost 50 years. It replaces the previous outdated law from 1976 and introduces a unified permitting procedure that combines zoning and construction procedures into one process. The processing of building permits is expected to be accelerated
Starting 1 April 2025, Slovakia introduces into practice a new transaction tax (“transakčná daň“) or FTT that directly impacts business operations. The measure aims to increase public revenues and shift part of the tax burden to capital flows. What is taxed? The transaction tax applies to certain financial transactions since 1 January 2025 taxed first time
1) **The Legal System of Slovakia: An Overview** Slovakia follows a civil law system rooted originally in Roman law. The country’s legal framework is governed by its Constitution. Division of the state power is made through executive government, single-chamber parliament (National Council) adopting legislative and courts. Laws are created through legislation by the National Council,
First of all, liability for defects (complaints) is now dealt with exclusively according to the Civil Code. For retailers, the law brings abolition of the obligation to prepare expert assessments for complaints and brings obligation such as provide to consumers information on prices of goods for the last 30 days in order to eliminate artificial
