EN
The paper deals with the concept of close corporation. Close corporation does not represent any specific type of corporation in Slovak commercial law. It represents a concept that essentially refers to a corporation, but at the same time it shows certain elements, which are more typical for a partnership. A closed corporation is always a privately held company with a high concentrated ownership structure and is not listed on a stock exchange. This fact then determines the setting of internal relations of corporate governance in a close company. In this paper we primarily focus on the characteristic features of a close company.