Thus, an amendment is proposed whereby unused assets – with the exception of property belonging to state and municipal enterprises, as well as companies with 100 per cent or a majority state shareholding, the value of which does not exceed 10 per cent of the total – may be disposed of on the basis of a decision by the administrative board or the company’s board.
These and other amendments have been proposed by the Ministry of Economic Development and Digitalisation to the secondary legislation. Subject to their approval, they may come into force on 1 December 2026.
The amendments regulate matters such as the criteria for determining unused assets and the inefficient use of assets, as well as the distinction between periods of non-use of movable and immovable property. Depending on the type of asset, threshold periods of one and three years will be established.
Furthermore, the amendments specify when assets may be replaced with more productive ones, and regulate the accounting treatment of property received as a result of the write-off of assets that are no longer required for business operations.
The conditions for leasing such assets are also clarified. In particular, it is not permitted to lease them with a right of repurchase.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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