Registration in the register of public sector partners is a necessity for most entrepreneurs who supply goods and services to the state and its organizations.

Incorrect or late registration can lead to considerable damage in business activities, whether in the form of impossibility of further business in the public segment as well as fines, both for the entrepreneurs themselves and their statutory representatives. Managing the registration of a public sector partner is therefore key to a smooth business.

Our law firm is one of the largest registrars in the register of public sector partners in the Slovak Republic and has extensive experience that allows it to register simple companies as well as entrepreneurs with complicated structures.

Who is a public sector partner?

Pursuant to Act No. 315/2016 Coll. on the Register of Public Sector Partners, a public sector partner is a natural or legal person who receives monetary funds or property from public sources above the statutory limit of EUR 100,000 for a single payment and EUR 250,000 for multiple payments. This obligation also applies to persons who are awarded contracts in the framework of public procurement or the supply of goods and services.

A public sector partner cannot enter themselves into the register. Only an authorised person may make an entry as stipulated by law, and our law firm is such a person.

It is also necessary to register end user benefits in the register.

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Who is the end user of the benefits?

Pursuant to Act No. 297/2008 Coll. on Protection Against Money Laundering, the end user of benefits is any natural person who actually manages or controls the entity. It is a person who has a share of at least 25% of voting rights, who has the right to appoint or remove a statutory body, a person who controls a legal person in another way, or has the right to an economic benefit of at least 25%. If there is no such person, the end users of the benefits are the members of the top management, i.e. the statutory body, the procurator, etc.

What is the registration procedure?

• Closing of the contract
• Identifying the end users of benefits, or public officials
• Submitting a proposal for entry into the register

Why use the services of our law firm?

• We are one of the largest registrars in the register of public sector partners in Slovakia – we have made more than 500 entries
• No in-person meetings are required – we can handle everything by telephone, e-mail or post
• We provide our high-quality and expert services – reflected in hundreds of satisfied clients from all over Slovakia

The price of a simple registration (for example, a one-person limited liability company, a self-employed person, etc.) is EUR 250 without VAT , EUR 300 with VAT.

We will be happy to provide you with an individual price for more complex ownership structures.

Do not hesitate to contact us for more information!

e-mail: office@radoslavtoth.eu

tel. no .: 02 52 444 183