Starting a business · Slovakia

Limited partnership (k. s.) formation

Will one partner run the business while another provides capital? Limited partnership formation from the partnership agreement to Commercial Register entry, with carefully structured arrangements between general and limited partners.

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What we'll do for you

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  • Consultation and proposal

    We discuss roles, contributions and profit allocation and propose arrangements that protect both groups of partners.

  • Partnership agreement

    An agreement clearly defining the general and limited partners, contributions, shares in profits and losses, and decision-making rules.

  • Registration

    The registration application with attachments and management of the proceedings until the partnership is registered.

  • Post-formation documents

    Internal arrangements for acting on behalf of the partnership and relations between the partners after registration.

Deliverablea registered limited partnership with a partnership agreement tailored to both groups of partners

How it works

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  1. Consultationday 0

    Roles, contributions and profit — proposed arrangements and confirmation of the price.

  2. Documents and signatures

    The partnership agreement in the form of a document authorised by a lawyer or a notarial deed, together with the related documents.

  3. Registrationsubject to the register's processing time

    Filing and monitoring the proceedings through to registration.

A limited partnership is an underappreciated form for an arrangement where one partner manages and the other finances the business — roles that require considerable contractual work in an s.r.o. are allocated directly by law.

We handle formation with a partnership agreement that considers both sides: the general partner who bears liability and the limited partner who has entrusted their capital.

No-obligation enquiry

Ready to start?

Send us an enquiry. We reply within 24 hours with a price confirmation and next steps. The first 30-minute consultation is free and commits you to nothing.

  1. 1Send your enquiry via this form
  2. 2Within 24 h you get a price confirmation and plan
  3. 3We start work only after your approval
Mgr. Patrik Tulinský, LL.M. Czech and Slovak attorney · SAK 300422 · ČAK 19654

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What clients ask

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How do general and limited partners differ?

A general partner manages the partnership and is liable for its obligations with all their assets; a limited partner provides capital and has limited liability. Business management is vested in the general partners; limited partners also participate in decisions on other matters under the law and the partnership agreement. This division makes a k. s. suitable for bringing an active entrepreneur together with an investor — and is also why the partnership agreement needs careful drafting.

Can an s.r.o. be a general partner?

Yes — a legal entity can also be a general partner, which effectively eliminates the individual's unlimited liability. We discuss the implications of this arrangement openly during the consultation, including whether another structure would suit your plans better.

Why choose a k. s. rather than an s.r.o.?

Most often because the separation of roles follows directly from the law: business management is vested in the general partners. A limited partner nevertheless has decision-making rights in other matters under the law and the partnership agreement. In an s.r.o., a similar arrangement is achieved through the memorandum of association and a shareholders' agreement — a more flexible but less automatic approach. We compare both during the consultation.

How long does formation take?

As with other commercial companies, once the supporting documents are ready, the timing depends mainly on registration proceedings — generally a matter of weeks.

Legal Q&A

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