Starting a business · Slovakia

General partnership (v. o. s.) formation

Are you starting a business with partners who will personally manage it? General partnership formation from the partnership agreement to registration, focusing on relations between partners who are jointly liable with all their assets.

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What we'll do for you

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  • Consultation and proposal

    We discuss your plans and the relations between the partners and explain the consequences of unlimited liability — openly, before signing.

  • Partnership agreement

    Acting on behalf of the partnership, decision-making, allocation of profits and losses, non-compete obligations and rules for a partner's departure or death.

  • Registration

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

Deliverablea registered general partnership with a partnership agreement governing the partners' relations and liability

How it works

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  1. Consultationday 0

    Relationships, risks and rules — proposed arrangements and price.

  2. Documents

    The partnership agreement and the partners' signatures.

  3. Registrationsubject to the register's processing time

    Filing and monitoring the proceedings through to registration.

A general partnership is a form for partners who commit themselves to the business — including unlimited liability. For precisely that reason, it deserves a more carefully considered partnership agreement than any other form: rules that support the relationship even in difficult times.

We handle the entire formation process and discuss openly whether a v. o. s. is really the right form for your plans.

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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What does unlimited liability mean in practice?

Partners in a v. o. s. are liable for the partnership's obligations with all their assets, jointly and severally — a creditor can choose which partner to pursue for payment. This is the most significant decision when choosing this form, and we discuss it frankly; an s.r.o. is more suitable for many plans, and we will tell you when that is the case.

Why does anyone choose a v. o. s.?

For its simplicity without mandatory share capital, for its personal character — and sometimes for the tax regime under which profits are taxed at partner level. Tax assessment is for your tax adviser; we ensure the legal arrangements work.

What happens when a partner wants to leave?

A partner's departure can affect the very existence of a v. o. s. — without provisions in the partnership agreement, it can lead to dissolution. That is why we include rules on withdrawal, expulsion and death from the outset, including settlement.

How long does formation take?

A matter of weeks — once the supporting documents are ready, timing depends mainly on the Commercial Register proceedings.

Legal Q&A

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