Economy in Slovakia
The wide-ranging and deep structural reforms by the Slovak Government over the last four years have determined on creating a business friendly
environment for investors and entrepreneurs. Therefore, the World Bank has listed Slovakia in 20 most investor friendly countries in the World.
Setting up a business in Slovakia
In 2008 the Slovakia government implemented new procedures to facilitate local and foreign entrepreneurs to invest in country.
Nowadays, as a EU member the government continue to reform according to EU laws.
Today more likely it takes about a week and half to complete all the documentations to set up a company in Slovakia.
Foreigners doing business in Slovakia
Foreign entrepreneurs that are not EU citizens, it is more complex to set up a business in Slovakia because he/she needs a temporary residence in
Slovakia, before they can enter as statutory representatives in the Commercial Register.
Slovakia Business comments
Slovakia is a young country and good for entrepreneurs to explore new opportunties in country.
Kovach , Slovakia,