ESTABLISHING BUSINESS

In order to establish a business presence in Slovakia, you have two options:

1. Purchase of an existing company

Our team of experienced professionals can provide assistance with a full range of M&A procedures. We can help you with getting to know the market, identifying potential targets, executing the transaction in a way that makes it more efficient and that aligns with your long-term strategic goals, as well as find suitable financing and assist with the negotiations process. Every solution is tailored to your needs and is structured in order to create sustainable value going forward.

2. Set up a new business

There are 7 procedures necessary to start a business in Slovakia (pls. see complete information on page 23). The whole process, including registration for VAT, Health Insurance, and Social Insurance, takes less than 12 days and is fully processed electronically. Generally, electronic communicaton with the authorities brings more efficient communication, increased performance of the authorities and shortened processes. The form of communication from “paper” to mandatory electronic is gradually becoming more preferred and the development of electronic servicers continues to advance.

ESTABLISHING BUSINESS PRESENCE 2

ESTABLISHING BUSSINESS PRESENCE