Slovak News - January 1998 - Directive No. 4/1998 Coll. on Customs Duty Exemptio

The directive confirms a customs duty relief on foreign goods imported as non-monetary contribution of a foreign entity to basic capital of a Slovak legal entity under certain conditions specified by the directive.

The relief also applies to technical facilities imported as non-monetary contribution of a foreign entity into a bank.

The relief does not apply to personal vehicles.

The amendment is effective for the period between 1 January 1998 and 31 December 1999.

The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.

For further information contact Mr Frank Walsh on +421 7 5340 545 Email directly on Click Contact Link