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Cabinet passes revision to the Act on Trade Business

Each trade and concession license will apply to a single business line from September 1, 2007. This conclusion is drawn from the revision to the Act on Trade Business, which the Cabinet approved on April 11.

"Applicants will pay for each business activity separately," said Alena Koišová from the Interior Ministry. This means that if someone intends to
carry out twenty business activities, he will have to take out twenty trade licenses. However, the license fee will also be lower.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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