![]() Therefore, IP represents a significant part of the companies’ assets and an important source of financing. Under intellectual property law, holders of IP obtain an exclusive right to use, licence and dispose with IP rights. The main purpose of this type of voucher is to encourage SMEs to protect their intellectual property (“ IP”) and subsequently to improve their competitive position. Voucher for the protection of intellectual property For 2019, the final date to apply for a voucher is 31 October. These vouchers may be used to cover (i) external expert’s fees and costs (including legal advisory costs), (ii) notarial costs and (iii) audit costs. A cooperative is an appropriate legal form when voluntary and open membership is required for the conduct of business. Comparing an LLC and JSC, an LLC enables more flexible management of the company, while a JSC enables easier transferability of shares, as well as facilitated equity financing. The main benefit of reorganization from a sole proprietor to LLC is mostly exclusion of personal liability of members of LLC for company’s liabilities. Therefore, a change of the legal form can enable companies to develop their full potential and positively influence their competitiveness. It often has important tax consequences as well. The reorganization of a legal form does not change the company’s identity, only its corporate relations and organizational structure. from a cooperative to a company limited by shares or vice versa.from a joint stock company (JSC) to a private limited liability company (LLC) or vice versa and,.From a sole proprietor to a limited liability company (LLC).The main purpose of this type of voucher is to encourage SMEs to change their legal form, namely: Voucher for the reorganisation of the legal form of enterprises We will briefly present below two groups of vouchers, which are important for the conduct of business from a legal perspective. Public calls will be published for each of the groups individually. There are eleven types of vouchers with different contents, varying from the vouchers for quality certificates, the improvement of digital competences, preparation of a digital strategy, participation in international fairs, cyber security, to the voucher for reorganisation of the legal form of enterprises and a voucher for the protection of intellectual property. In order to benefit from funding, SMEs’ must comply with the required conditions, inter alia: (i) enterprises must be SMEs, which generally means that they must have less than 250 employees and with an annual turnover not exceeding EUR 50 million, (ii) the SME’s registered seat must be in Slovenia, (iii) on the date of submission, the SMEs must have at least one employee, (iv) there can be no insolvency procedure initiated against the SMEs, and (v) the SMEs tax obligations and financial obligations to public institutions and SEF must be settled. Interested SMEs can obtain vouchers through a submitted application, based on a public call, which will be published on SEF’s website and in the Official Gazette. How to apply for vouchers and what are the conditions? Therefore, it is recommended that the documentation, being the basis for incurred costs, is kept in order to prove eligibility for the support. Regardless of the date of individual public call, the eligible costs will be those that were incurred as of 1 January 2019. On an annual basis, SMEs can be eligible for financing for a maximum amount of 30.000 EUR. Each voucher can co-finance a maximum 60% of eligible costs, whereby the maximum value of each voucher is up to 10.000 EUR. The amount of financial support is limited. Importantly, what differentiates these incentives from others, is that the costs of external advisors are also covered. The funding commenced in 2019, and will be available until 2023. The primary purpose of these vouchers is to financially assist SMEs through the co-financing of particular services in different fields and, consequently, to positively influence the competitiveness and competences of SMEs. At the beginning of 2019, the Slovene Enterprise Fund (“ SEF”) introduced a new simplified programme of incentives for micro, small and medium-sized enterprises (“ SMEs”). ![]()
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