Extending a Trade Licence

Extending a trade licence involves the following steps:

• A decision of the general meeting/sole shareholder on the change
• A new consolidated version of the memorandum or deed of association
• An application to register the change in the trade register
• An application to register the change in the Commercial Register
• The court fee

If you are interested in this service, please contact our specialists via the contact form or by telephone on the number shown above.

Expanding Your Business Activities in Slovakia

As a business grows, it often moves into new areas. A company that started by offering one type of service may begin selling goods, a trading company may start providing consultancy, or an IT firm may branch out into training. In Slovakia, many business activities require a trade licence, so adding new activities usually means extending the company’s trade authorisation and updating the Business Register.

Why the Scope of Business Matters

Carrying out an activity that is not covered by your trade authorisation can lead to penalties and may cause problems with customers, banks or public tenders that check your registered activities. Keeping the scope of business up to date ensures that your company is properly authorised for everything it does.

Types of Trade

Slovak law distinguishes between different types of trade. Some can be obtained simply by notification, while others require proof of professional qualifications or practical experience, or a special permit. Before planning to add an activity, check which category it falls into and whether the company, or a responsible representative, meets the requirements.

Planning the Change

• Describe the new activities precisely
• Check whether qualifications or a responsible representative are needed
• Consider whether the founding documents need updating
• Remove activities you no longer carry out, if appropriate
• Check whether the new activities affect VAT or other tax obligations

Regulated Activities

Some activities, such as those in financial services, healthcare or transport, are regulated by special legislation and may require authorisation from a specific regulator in addition to, or instead of, a trade licence. These authorisations can take longer to obtain, so plan ahead.

Combining Changes

If you are planning other changes at the same time, such as a new executive or a new registered office, it is often efficient to file them together.

If your company is expanding into new activities, contact eTuls. We will check the requirements, prepare the documents and handle the extension of your trade authorisation and the update to the Business Register.