Company Foundation in Slovakia
Our qualified team of experienced professionals is able to establish new company within 10-14 days. We take care of all the formalities, including business registration in Slovak Republic. Thanks to us many corporations have opened in Slovakia branch offices or subsidiaries. We can establish your company for just ca. 1.750 EUR (net price).
Why in Slovakia?
Developed infrastructure
Traveling in Slovakia is thanks to the developed infrastructure simple, and in compare with neighbor European countries also financially advantageous. Further, the infrastructure is still being developed and every year new roads and railways are built, which enable the carriers fast and comfortable transportation.
Industrial tradition and strategic sectors
Traditionally strong sectors with potential growth are:
- manufacture of machinery and transport equipment
- manufacture of electrical equipment
- manufacture of basic metals and fabricated metal products
- manufacture of chemicals, chemical products
- manufacture of wood and wood products
- IT and communication technologies
Present and future opportunities lie in the production of surplus value in the pharmaceutical industry, in the microelectronics production, IT technologies and communication technologies.
Availability of highly qualified Labour Force
In the academic year 2004/2005 161 626 students were enlisted at Slovak Universities and with a growing tendency. This increase was caused by higher birthrate in the 70s and by higher number of high school graduates enlisted at Universities (which guarantees the expansion of educational economy).
Macroeconomic stability
According to the Standard and Poor's rating, Slovakia reached the top of the V4 countries. Slovak economy is broadly considered to be a functioning market economy. The ability of the Slovak cabinet to fulfill its obligations has been reflected in ratings of renowned rating agencies, which rated Slovakia at an investing level with stable and positive outlook.
Reforms improving entrepreneurial environment
Thanks to the new taxation system are all incomes taxed with the flat tax rate of 19%. There is no double taxing and a 0% dividend tax. The World Bank has awarded the new Labor Code one of the most elastic in European Union and the new Companies Register Law allowed that. Time needed for registering a new company has been shortened to max. of 5 days and the same holds for trade license up to 7 days.
Clear rules for investment stimuli
New rules since 1st of November 2005 have split up Slovakia into 3 zones based on unemployment rate, which means that investors are offered more favorable conditions in areas with higher unemployment. Investment projects are divided into 3 categories where the production and services support with higher value added is the priority.
Low labor cost
By similar productivity are labor costs in Slovakia 40 – 50% lower compared to Czech Republic, Hungary and Poland plus 6,5 times lower than in EU/Austria. Average monthly wage in Slovakia was 15.825,- SKK / 525,30 in 2004 which is compared to Czech Republic (23.265,- SKK / 772,26 €), Poland (21.694,-SKK / 720,11 €), Hungary (22.923,-SKK / 760,90 €) and Austria (98.941,- SKK / 3.284,24 €) significantly lower level.
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Contact - B2B Slovakia
B2B Slovakia s.r.o.
Ivánska cesta 22/A
82104 Bratislava
Slovakia
Tel: +421 2 48 20 20 48
Fax: +421 2 43 63 41 20
Email: info@b2b-slovakia.sk
Clear rules for investment stimuli
New rules since 1st of November 2005 have split up Slovakia into 3 zones based on unemployment rate, which means that investors are offered more favorable conditions in areas with higher unemployment. Investment projects are divided into 3 categories where the production and services support with higher value added is the priority.
