In this practice
We support our clients at every stage of their business, ensuring compliance with regulatory requirements and protecting their interests in a fast-changing business environment.
Incorporation and Transformation of Companies
We assist with:
- Incorporation of partnerships and companies;
- Registration and restructuring of non-profit organisations and cooperatives;
- Changes to the structure and status of companies;
- Transformations by merger, acquisition, division and spin-off.
Entries and Changes in the Commercial Register
We provide assistance with:
- Registration and entry of changes to company particulars;
- Filing of annual financial statements;
- Liquidation procedures;
- Representation in insolvency proceedings.
Contractual Relations
We draft, review and advise on:
- Commercial contracts and agreements;
- General terms and conditions, amendments and supplementary agreements;
- Set-off and other specific contractual mechanisms;
- Assessment and management of commercial risk.
Internal Documentation and Regulatory Compliance
We prepare complete documentation, including:
- Internal labour rules and organisational acts;
- Codes of ethics and good corporate governance policies;
- Personal data protection procedures (GDPR);
- Procedures under the Measures Against Money Laundering Act;
- Whistleblower protection systems and rules.
Employment Law and Documentation
We prepare a complete set of employment documents and assist with:
- Employment contracts and agreements;
- Job descriptions;
- Advice on changes to employment relationships;
- Documentation for the termination of employment contracts.
Special Pledges
We provide support with:
- Advice on special pledges;
- Preparation of special pledge documents and agreements;
- Registration and deletion of pledges in the relevant registers;
- Advice on the optimal security for receivables.
Our aim is to provide you with reliable legal support that brings clarity and predictability to managing and growing your business.
Frequently asked questions
What liability do the shareholders of an OOD or EOOD bear for the company's debts?
Shareholders are liable for the company's debts only up to the amount of their contribution to the capital, while the company itself is liable with all of its assets. This separates the shareholders' personal assets from those of the company.
What is a variable capital company and who is it suitable for?
A variable capital company is a form of commercial company that allows the capital to be changed more flexibly than in a classic OOD, EOOD or joint-stock company. It is aimed mainly at start-ups and innovative companies that need to bring in new investors quickly.
How long does it take to liquidate an EOOD or OOD?
A standard liquidation usually takes between 8 and 12 months, mainly because of the statutory six-month period during which creditors may lodge their claims. A shorter, accelerated procedure is available if certain conditions are met. The exact duration depends on the company's circumstances, and we provide an individual assessment after reviewing the case.
How is a shareholder or owner of an EOOD or OOD changed?
In an EOOD the decision is taken by the sole owner of the capital; in an OOD it is taken by the general meeting of shareholders and recorded in minutes. Notarised documents are also required, depending on the case, such as the consent of the new manager if the manager is also being replaced. The change is then entered in the Commercial Register so that it takes effect against third parties.
What is the minimum capital and which documents are needed to incorporate an OOD?
The minimum capital of an OOD is EUR 1, and at least 70% of the subscribed capital must be paid in before registration. You will need articles of association, proof of paid-in capital, the manager's notarised consent with a specimen signature, an application to the Commercial Register and a declaration under Art. 13(4) of the Commercial Register Act. There must be at least two founders; otherwise, an EOOD is registered.
