Finance Ministry launches register of final accounts

The Slovak Finance Ministry introduced a trial version of system that is supposed to reduce the administrative burden of businesses. Through the Register of Final Accounts, companies will be able to publish their final accounts for free and in only one place, the TASR newswire reported on May 21.

The Slovak Finance Ministry introduced a trial version of system that is supposed to reduce the administrative burden of businesses. Through the Register of Final Accounts, companies will be able to publish their final accounts for free and in only one place, the TASR newswire reported on May 21.

After launching full operation of the register, businesspeople will not be obliged to submit final accounts to several institutions and at various times, based on their legal form or subject of business as of January 1, 2014. The only institution to which they will have to send the necessary documents will be the Financial Administration, which will then provide the information to other state institutions. Moreover, the documents will be accessible by the public, TASR wrote.

At the moment businesses on aggregate pay about €510,000 to publish their final accounts in the business journal, and face fines if they either do not submit the documents or do not publish final accounts. Between 2009 and 2011 more than 1.1 million final accounts were filed by businesses.

The register was prepared in cooperation with the Slovak Chamber of Tax Advisors, the Slovak Chamber of Auditors and the Slovak Association of Corporate Financiers, TASR reported.

Source: TASR

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Who is ready for a vaccine in Slovakia

Vlhová won again. Boris Kollár is at home and will meet coalition partners to discuss GP vote. Justice Minister shows a new map.

Illustrative stock photo

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.

From COVID-19 miracle to apparent resignation to death and dying

The natural reflex of all failed politicians – and their uncritical fan clubs – is to point to cultural or geographical differences between “us” and “them”.

The COVID-19 ward in the University Hospital Martin