Tuesday, 14 October 2025
From 1 October 2025, Slovakia has implemented the Register of Pre-insolvency, Liquidation and Insolvency Proceedings, replacing the country’s former Insolvency Register. The reform is a major step in the digital transformation of Slovakia’s business and legal environment, aiming to simplify insolvency procedures, strengthen transparency, and ensure faster access to reliable data for companies and creditors.
The new register, managed by the Ministry of Justice of the Slovak Republic, operates as a single electronic platform containing all relevant information on insolvency, pre-insolvency, and liquidation proceedings. The system consolidates cases that were previously spread across multiple databases and makes them accessible online in real time. To support international users, a limited English-language interface is also available.
The register includes data on bankruptcy and restructuring proceedings, including “small” bankruptcies designed for smaller businesses, as well as preventive and liquidation procedures. Each case entry contains essential details about debtors, creditors, insolvency administrators, courts, and procedural steps such as the registration of claims, the scheduling of creditors’ meetings, and the publication of asset lists. Key documents and court decisions are also available, creating a transparent record of each proceeding.
A notable change is that all published information is now considered public and can be used directly in commercial or legal relations, without the need for additional verification. In most cases, the new register replaces the former practice of publishing insolvency information in the Commercial Journal, reducing duplication and administrative costs.
Supporters of the reform highlight several expected benefits. The centralized and digitized system should make it easier for businesses, financial institutions, and legal professionals to monitor cases and verify the financial health of partners. By offering real-time access to verified data, it helps reduce the risk of fraud, accelerates decision-making, and increases predictability in insolvency processes. At the same time, the integration of asset sales and trustee services within the platform creates a more user-friendly experience for creditors and administrators.
While the launch has been welcomed by the business community, the system’s long-term success will depend on its implementation and maintenance. Ensuring regular updates, training court staff and administrators, and maintaining interoperability with EU systems will be essential for the register to deliver on its promise of speed and efficiency.
The Register of Pre-insolvency, Liquidation and Insolvency Proceedings is one of Slovakia’s most important legal digitalization initiatives in recent years. If successfully adopted, it could strengthen trust in the country’s legal and business environment, making it easier for companies to assess risk and participate in insolvency procedures with greater confidence. Over time, it may also enhance Slovakia’s standing within the EU as a country committed to transparent and predictable commercial practices.
