Granting Power of Attorney in Slovakia

A power of attorney in Slovakia is a legal act in which the person executing it voluntarily gives authority in favor of another person to enter into any transaction or perform any act, such as registration of a business. Our law firm in Slovakia has assisted many clients in executing a power of attorney.

Requirements for a power of attorney in Slovakia

If you want someone to represent you in any action that you want to take in Slovakia, it would be best to execute a power of attorney. The document can be done in favor of more than one person and may be made orally or in writing. It must be put in writing if the act to be done requires a written document or if more than one act has to be done by the Slovak representative. Regardless of the form, all acts done by the representative bind the principal, as long as it is within his/her authority.

Although there is no specific form for a Slovak power of attorney, there are certain requisites that have to be present in order to make it valid. Our lawyers in Slovakia have listed them down:

1. Principal

The principal has to be clearly identified when executing a power of attorney. The principal has to voluntarily give authority to the representative and must have the capacity to do so. This means that he/she must be conscious of his/her actions and must be of legal age.

2. Agent

The agent is the person whom the principal gave authority to. The agent can either be a natural or juridical person, and this fact must be stated clearly. The agent must also have the legal capacity to represent the principal. All actions done by the agent within his/her authority bind the principal.

3. Authority

The authority given by the principal to the agent must be clearly identified and limited. It must clearly specify what acts the agent is allowed or prohibited from doing. The principal must also have the authority to perform the act that the agent must perform. Otherwise, the power of attorney will be invalid.

Types of powers of attorney accepted in Slovakia

There are several types of powers of attorney that can be granted in Slovakia. They can be categorized by reason and time of action. Specifically, here are the most common legal documents through which representation can be offered:

general powers of attorney are documents through which the agent can represent the donor in all situations accepted by the law;
limited powers of attorney are documents that restrict the right of representation of the agent to one or more situations;
non-durable powers of attorney are documents that enable the agent to represent the donor until he/she becomes incapacitated;
durable powers of attorney are documents that extend the representation of the agent even if the donor becomes incapacitated.

When it comes to Slovak limited powers of attorney, they can be used for representation in:

financial matters;
making healthcare decisions;
representation in inheritance matters.

Apart from these, there is also the springing power of attorney, which takes effect only when a specified future event occurs (e.g. the donor’s incapacity).

If you want to grant power of attorney in Slovakia, our lawyers in Slovakia can help you.

Legal representation offered by our law firm in Slovakia

When it comes to the agent that can represent a donor, the common appointment is made to:

close family members;
lawyers.

Our Slovak lawyers are accustomed to representing various clients based on powers of attorney. Our legal representation services are available to natural persons and companies and cover various areas.

In the case of natural persons, we address both Slovak citizens and residents, as well as foreigners, with the following:

representation in real estate acquisition;
representation in inheritance distribution;
representation in divorce or other court proceedings;
representation in opening companies in Slovakia.

Foreign citizens can rely on us if they want to immigrate to Slovakia and cannot file the residency documents themselves. The same process can also be used for those who want to apply for residency, followed by citizenship in Slovakia. However, please note that there are actions the beneficiary must complete him/herself.

Limitations of a power of attorney in Slovakia

The power of attorney comprises the acts that the representative in Slovakia is allowed to do. Anything beyond that is deemed null and void. In order to nullify the acts of the agent, the principal must notify the party with whom the agent transacted and inform him/her that no approval was given for such act. Failure to do so would result in the ratification of the void act. This will make the act valid. Our Slovak lawyers can help you define the limitations of your power of attorney.

We can also help foreigners obtain electronic residence cards. A foreign national residing here must have permanent, long-term, or temporary residency here to apply for an electronic residence permit in Slovakia. The conditions for every applicant will determine the type of residency, so contact us for support. We can also assist in obtaining citizenship. The two main requirements for getting Slovakian citizenship are marriage to a citizen of Slovakia or continuous residence in the Slovak Republic. For this purpose, one must first have acquired a residence permit, which is why you can rely on us for support with both applications.

What you should know about Slovakia

Here are some of the most important aspects you need to know about living in Slovakia:

at the level of 2023, it ranked 35^th out of 167 countries in the Legatum Prosperity Index;
the best ranking was in the safety and security section, occupying the 22^nd position;
in terms of living conditions, Slovakia ranked 35^th;
in terms of investment environment, it occupied the 34^th place.

A power of attorney in Slovakia is a very significant document. Make sure that you consult our associates in our law firm before you grant a power of attorney in Slovakia. We can also help you if you need a power of attorney in Dubai or in another region/ country, through our local partners.