Having a convenient geographical location - the center of Europe - Slovakia attracts entrepreneurs to open a business outside their country. If you have minimal business experience and the amount that will cover the costs of opening a company, you can plan to open a business in Slovakia.
According to experts, the main guarantee in the coming years is the highest economic growth among the EU countries. Among the positive aspects of life in Slovakia is that it has been a member of the European Union since May 2004. The state is also a country that joined the Schengen countries in the same 2004, and in 2007 the country abolishes border control. 2009 was marked by the introduction of the euro into circulation. If you have a residence permit in Slovakia, you can freely visit other countries that are members of the European Union.
What you need to open a business
Business immigration to Slovakia at the opening of its enterprise has many advantages compared to other EU countries. To register a company you need an application for registration of an enterprise. It must be sent to the Office of the Slovak Republic for Entrepreneurship.
Business in Slovakia is opened if the owner of the company has the right to reside in the country. In other words, for a foreign entrepreneur, it is necessary to obtain a residence permit in one of the EU countries or in the Slovak Republic itself. This fact is not critical, but only leads to an increase in the deadlines governing the registration and opening of a business in Slovakia.
Thus, the total term for opening a company and filling out necessary documents by a non-resident of the country is from three to four months. But such time limits do not bother future entrepreneurs, and they are willing to open a business in Slovakia.
What types of business are allowed
Among the current forms of business in Slovakia, open joint stock companies and closed limited liability companies are widely used. In open joint stock companies, shareholders have limited liability. One of the main conditions for creating open joint stock companies is the presence of at least two shareholders. Shareholders can be individuals and legal entities.
When registering a business in Slovakia with the form of ownership "Closed limited company", the amount of the authorized capital of about 4,500 euros is required. The amount of the authorized capital for an open joint-stock company is about 25,000 euros.
Benefits of doing business in Slovakia
Today, Slovakia is perhaps the only country in Europe that allows the most simple and inexpensive way to emigrate to the European Union.
Among other advantages is the fact that in order to open a business in Slovakia, you need at least eighteen days. In Slovakia, when exporting goods and services there is no VAT. The only exceptions are those proposals that are related to insurance, finance, and education, in the provision of broadcasting services.
The fact of having a 19% income tax rate for legal entities and individuals, cheap accounting services and the implementation of a simple tax audit process cannot fail to attract entrepreneurs to create their own business.
Buying a business in Slovakia
For entrepreneurs who are ready to participate in successful business projects in Slovakia, today there are many promising options: this is an investment of their own investments, and participation in modern business projects, and the search for business partners,as well as directly buying a ready-made business in Slovakia.
There are many relevant options for those wishing to buy a business in Slovakia: these are transport companies, hotels, shops, cafes, restaurants and more.
