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

Mária Srebalová (), Matej Horvat (), Juraj Vačok (), František Vojtech () and Stanislav Filip ()
Additional contact information
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

Entrepreneurship and Sustainability Issues, 2020, vol. 7, issue 4, 3385-3394

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.

Keywords: freedom to conduct business; general conditions to conduct business; special conditions to conduct business; obstacles to freedom to conduct a business in Slovakia (search for similar items in EconPapers)
JEL-codes: A10 F20 K10 K22 (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:7:y:2020:i:4:p:3385-3394

DOI: 10.9770/jesi.2020.7.4(53)

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