Spoločnosť s ručením obmedzeným (abbreviation spol. s r. o. or s. r. o.; literal translation: “company with limited liability”) is a Slovak law business entity, the legal structure for a private limited liability company.[1] It is the rough equivalent of United States LLC and United Kingdom (and certain Commonwealth countries) Ltd. It is regulated under § 105 – 153 of Act. No 513/1991 Coll. (Commercial Code as amended).[2]
It is very popular form of business organization due to ensurance of limited liability in exchange for a relatively small investment into the registered capital. From one to 50 associates can found it through a founding agreement with minimum registered capital of €5000, minimum €750 per person, in money or other property.[3]
Examples of companies edit
See also edit
- in Czech Republic společnost s ručením omezeným
References edit
- ^ "Private limited liability company" is used by Ministry of Justice as English translation of spoločnosť s ručením obmedzeným, see Business Register
- ^ Zákon č. 513/1991 Zb. – Obchodný zákonník (in Slovak)
- ^ "Guide to doing business in Slovakia" (PDF). Ružička Csekes; CMS. January 2013. Archived from the original (PDF) on 13 April 2014. Retrieved 9 April 2014.
- ^ "Extract from the Business Register of the District Court Prešov". Ministry of Justice of the Slovak Republic. Retrieved 2014-04-14.
- ^ "Extract from the Business Register of the District Court Bratislava I". Ministry of Justice of the Slovak Republic. Retrieved 2014-04-14.
- ^ "Extract from the Business Register of the District Court Prešov". Ministry of Justice of the Slovak Republic. Retrieved 2014-04-14.
- ^ "JetBrains corporate overview" (PDF). Retrieved 2021-03-21.