Service

Financial and tax law

In the area of financial law, we provide comprehensive legal advice to Slovak and foreign entities providing financial services on the Slovak and Czech markets, such as financial intermediation and the provision of consumer and other loans. We represent clients in applying for licenses to perform activities under special regulations, such as in proceedings for granting a license to provide consumer loans. As part of our consulting services, we focus on setting up and harmonizing the procedures of these entities with the relevant legal regulations and legislative changes, drafting business terms and conditions, internal regulations, submissions to the relevant authorities, as well as representing clients before supervisory authorities (National Bank of Slovakia, Czech National Bank, and others).

We also have experience in advising companies dealing with electronic currencies (cryptocurrencies).

We also focus on the area of tax law, where we provide clients with legal advice on tax regulations and their application. In cooperation with leading tax advisors, we deal with tax issues, in particular income tax and withholding tax, its application, and we also represent clients in tax proceedings and in any court proceedings against state authorities. As part of our tax audit representation services, we provide clients with comprehensive legal representation in tax auditsconducted by the tax office, from the initial analysis of documents and supporting materials submitted by the client, their evaluation, preparation of a legal analysis, and proposal of further steps, we also ensure communication with the relevant tax office, represent the client in proceedings before the tax office, where our main task is to exercise the client's rights in tax proceedings and perform any other acts in the client's interest, whether before the first-instance tax office or in proceedings before the Financial Directorate, or in court proceedings, including oral hearings, with a particular focus on preparing an effective tax defense in the proceedings. Throughout the entire audit, we ensure that the tax office clearly respects the rights of the audited entity and complies with the deadlines set by law. In the event of any suspicion of a violation of the law by the tax administrator, we object to this procedure on behalf of the client and use the legal remedies provided by law to achieve effective redress.

When representing a client in a tax audit, we perform all related obligations on behalf of the client so that the client has sufficient time to continue to devote themselves to their business activities and so that the tax audit does not represent an excessive and disproportionate burden that would negatively affect their business. In the area of tax law, we provide clients with expert advice and prepare legal opinions for the purpose of optimizing their business from a tax perspective, particularly with regard to applicable tax rates and tax regimes. We also have significant experience in the area of double taxation prevention and tax due diligence. We have experience in representing clients in applications for income tax or VAT registration, where we handle all the necessary paperwork on behalf of the client. We also ensure that reporting obligations are fulfilled within the statutory deadlines. We also advise clients on transfer pricing.

As part of our cooperation with our partner office, the Association of Accountants of Slovakia, we regularly participate in professional conferences on topics in this area.

View projects we have implemented in this area of service

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