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Legal obstacles to freedom to conduct a business: experience of the Slovak Republic

Author

Listed:
  • Mária Srebalová

    (Comenius University in Bratislava, Slovakia)

  • Matej Horvat

    (Comenius University in Bratislava, Slovakia)

  • Juraj Vačok

    (Comenius University in Bratislava, Slovakia)

  • František Vojtech

    (Bratislava University of Economics and Management, Slovakia)

  • Stanislav Filip

    (Bratislava University of Economics and Management, Slovakia)

Abstract

The paper focuses on legal obstacles affecting freedom to conduct a business in the Slovak Republic. It points out the freedom to conduct a business with regards to the Slovak and European perspective and compares it with the legal conditions laid down for starting a business pursuant to the Slovak legal regulation. The analysis especially orientates to define general conditions for natural persons and legal persons to be met in order to start a business, but also to describe special conditions, i.e. the requirements for qualification. The paper focuses on all persons who want to conduct a business in the Slovak Republic. Since the freedom to conduct a business is not necessarily related to citizenship, the paper analyses conditions laid to aliens. The general conditions to conduct a business are: a minimum age, a full legal capacity, and integrity of natural persons or representatives of legal persons. The obstacles to conduct a business are shown through analysis related to the main legislative problems and the article is giving several proposals for more business friendly legal regulation.

Suggested Citation

  • Mária Srebalová & Matej Horvat & Juraj Vačok & František Vojtech & Stanislav Filip, 2020. "Legal obstacles to freedom to conduct a business: experience of the Slovak Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 3385-3394, June.
  • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:4:p:3385-3394
    DOI: 10.9770/jesi.2020.7.4(53)
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    Citations

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    Cited by:

    1. Nováčková Daniela & Peráček Tomáš, 2021. "The Common European Investment Policy and Its Perspectives in the Context of the Achmea Case Law," TalTech Journal of European Studies, Sciendo, vol. 11(1), pages 153-169, May.

    More about this item

    Keywords

    freedom to conduct business; general conditions to conduct business; special conditions to conduct business; obstacles to freedom to conduct a business in Slovakia;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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