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Payment Terms Legislation In Slovakia
Slovakia
Please see below for a summary of payment terms in Slovakia and the various industries across which payment term legislation appears. You can also download a summary of all Slovak payment terms by clicking the button below.
Please click here to view payment terms for the European Union.
Please click here to view payment terms for the European Union.
| Industries | Laws | Codes | Notes | Interest Rate |
|---|---|---|---|---|
| Government | ||||
| Comm_terms_law | ||||
| Construction | ||||
| Manufacturing | ||||
| Retail_agriculture | ||||
| Services |
LAWS
Act 513/199 amended the Commercial Code, articles 340a and 340b, to enact the EU Late Payment Directive (see European Union for details).
- Construction
- Manufacturing
- Retail_agriculture
Act no. 91/2019 on Unfair Conditions in the Food Trade and on Amendments to Certain Acts replaces the previous Act no. 362/2012 and restricts payment terms for the purchase of food products to 20 days following the date of receipt of the invoice or 30 days after the delivery. For selected foods these limits are 10 days from invoice and 15 days from delivery.
- Retail_agriculture
NOTES
See European Union for the Directive on Unfair Trading Practices in the Food Supply Chain which was adopted on 30 April 2019.
- Retail_agriculture
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