Executive of the company in Slovakia

Executive of the company, managing partner, CEO or any other similar denomination but the meaning is the same. It is the body of the company who acts on behalf of the company.

Are there any requirements to be an executive in Slovakia? You must be at least 18 years old. You shall be able to provide your Criminal record

Who appoints the executive? The executive of the company is nominated by the sole shareholder and by the general meeting of shareholders. The executive starts his function on the day when he was nominated.

Can a third country national be the executive of the company? A third country national can be an executive only when he was given a business visa.

What shall third country national submit when applying for business visa in Slovakia? He shall submit a good business plan with innovative activity, sufficient for interests of Slovakia.

Executive of the company is a statutory body of the company that makes business on behalf of the company, signs contracts, encloses business, looks for business partners, etc.

Executive acts on behalf of the company in relation with tax authority, insurance company, banks, hires employees, etc. Executive is responsible for the correct registration of accounting.

Executives call the general meeting of shareholders. If there is more than one executive, the way how the executives can act are specified in the act of memorandum. They can act independently or mutually. The executives are obliged to act on behalf of the company with professional care.