Slovakia (SK)

Jurisdiction Overview

IDQuestionAnswer
204 *Are Trusts available? ONLY FOREIGN: Foreign law trusts can be administered, but no domestic trust law.
 Data Date: 2014

Notes

 
"The concept of a trust does not exist under Slovak legislation. [...] While the Slovak authorities have advised that the Slovak Republic recognises trusts established under foreign laws it is unclear in what way the laws of the Slovak Republic do this. Under Slovak law, there are no restrictions for a resident of the Slovak Republic to act as trustee, protector or administrator of a trust formed under foreign law." (GF 2014: 46-48).

Sources

GF 2012: 34-35; GF 2014: 46-48