By Jože Stare 1. Introduction In the light of the favourable economic climate and affordable financing sources, Slovenia has been facing a lively M&A market in the recent few years, especially in the area of commercial real estate. Further, companies are eager to refinance their existing debt or borrow new funds under the more favourable […]
In a two tier-system in joint-stock companies in Slovenia, competences are divided between general meeting, supervisory board and management board. The division of competences under Slovenian Companies Act (ZGD-1) reflects to a high degree the one accepted in the German Aktiengesetz. Division of competences is mandatorily prescribed and cannot be changed by the provisions of […]
Intellectual property law in the European Union governs the creation and commercial exploitation of exclusive rights given by statutory law to a creator (or inventor). An EU Member State grants a creator a temporarily limited right – intellectual property right – to exclude others from any exercise of the protected intellectual property right as an […]
By Tisa Ljubetič On 25 November 2015, the Directive on payment services in the internal market, no. 2015/2366, also known as “PSD2”, was adopted by the European parliament and Council. In the Republic of Slovenia PSD2 was transposed with the Payment Services, Services for Issuing Electronic Money and Payment Systems Act (Zakon o plačilnih storitvah, […]
In Slovenia, a new proposal of the Personal Data Protection Act (hereinafter: “ZVOP-2”)1 was published by the Ministry of Justice on 7 March 2019, with which the legislator aims to regulate at a national level the field of personal data protection and ensure the enforcement of Regulation (EU) 2016/679 of the European Parliament and of […]
When entering the Slovenian market, one of the company’s first steps is usually the obtainment of adequate business premises and most frequently, the newcomers lease those out. As the business evolves, so do the company’s needs for space and location. If mistakes are made while negotiating and concluding the first lease agreement and not enough […]
This article aims to provide answers to a “hot topic” legal issue, often raised by shareholders, regarding the legal grounds for taxation of a natural person’s income derived from selling his business share to his limited liability company (where the company acquires its own business share) in the Republic of Slovenia…
By Mateja Ule In the past years, Slovenian courts have been faced with several actions filed by consumers requesting the court to declare loan agreements denominated in Swiss francs null and void. While the courts of first and second instance seemed to struggle to find a common approach in assessing the validity of Swiss francs loan […]
By Anže Skodlar Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful […]