Registration in the Register of Public Sector Partners (RPVS)
The entry of the ultimate beneficial owner (UBO) in the Commercial Register does not replace the obligation to register the end-user of benefits in the Register of Public Sector Partners (RPVS). If an entrepreneur has registered their UBO in the Commercial Register and qualifies as a public sector partner under the RPVS Act (e.g., receiving public funds), they must also register their UBO in the RPVS.
Key points to note:
- Separate Obligations:
- Registering the UBO in the Commercial Register does not fulfill the obligation for RPVS registration. Both requirements must be met independently.
- Authorized Representation:
- Only an authorized person (e.g., an attorney) can identify the end user of benefits and initiate registration in RPVS. Representation by an authorized person is necessary for RPVS registration.
- Verification Events:
- In the case of verification events (e.g., as of December 31 of the calendar year), an authorized person is required to verify the identification of the end user of benefits.
As part of our services, we offer the following:
- Identification of End User Benefits:
- We will identify the end user benefits for you.
- Document Preparation:
- Preparation of a verification document and a proposal for registration in RPVS.
- Authorized Representation:
- As an authorized person, we will represent you in the RPVS registration process.
- Ongoing Compliance:
- For each verification event, we will repeat the registration process to ensure that your data in RPVS remains up-to-date and compliant with the law.
Our goal is to assist you in fulfilling your obligations under the RPVS Act, providing expert support and ensuring ongoing compliance. If you have specific inquiries or require assistance in this matter, please feel free to contact us.
Certainly, if you require more detailed information on the Register of Public Sector Partners (RPVS), including specific details about its requirements, processes, and compliance, we recommend exploring the dedicated section that provides comprehensive information on this specific issue. If you have further questions or need assistance navigating the RPVS, feel free to reach out to us for tailored support and guidance.
* * *
Should you have an interest in legal services, kindly reach out to us:
via e-mail at office@galikpartners.sk or by phone +421 948 380 584