Can business in Slovakia change it’s legal entity type?

A business operating in Slovakia has the ability to alter its legal structure. The process of changing a business’s legal entity type is complex and includes steps such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the old entity, and informing stakeholders. The specific procedures involved in this process can differ based on the existing and desired business structures and legal requirements. It is important to seek guidance from professionals and follow all necessary steps accurately to prevent any major legal or financial consequences.