Start a business in Slovakia
Slovakia is recognized for its favorable economic environment and friendly setting for business owners, presenting numerous chances to bring your vision to life. Our firm is dedicated to supporting you at every step, offering expert guidance and support to ensure a seamless and successful start for your business.
Steps and solutions
Our systematic approach simplifies the process of starting a business in Slovakia. Our team provides tailored solutions that accelerate the journey to success, ranging from selecting the ideal corporate structure to delivering comprehensive support with registration, licensing, banking, and additional services.
Determine business activities
One of the critical steps in launching a business is identifying its activities. This involves outlining the main functions, services, or products that the company plans to provide or be involved with. An accurate portrayal of these activities is vital for meeting legal requirements and for creating a distinct identity for the business. We support the establishment of businesses in various industries, including but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in setting up your business. There are several options to consider, such as Limited Liability Company (s.r.o.), Joint Stock Company (a.s.), Branch Office, and Holding Company in Slovakia. Each type of legal entity has different implications for liability, tax responsibilities, and operational flexibility. Consulting with legal professionals and carrying out comprehensive research are essential in identifying the best structure that fits your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting thorough market research and provide invaluable insights into consumer preferences, market trends, and competitive analysis. With this knowledge, you can create a strong business plan and develop a strategic presence in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the essential licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing criteria, clarify the necessary permits, and assist you with the application procedure. We will ensure you acquire all the essential licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will guide you through the account opening procedure. We will help you understand the necessary documentation, manage communication with the bank for you, and ensure that your corporate account is tailored to fit your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, including the preparation and submission of required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in creating effective accounting systems and procedures, guaranteeing that you keep accurate financial records and comply with accounting standards. We will aid you in handling your business finances efficiently, covering everything from bookkeeping to the preparation of financial statements.
Business landscape in Slovakia
Slovakia features a talented workforce and a stable economic landscape, especially favorable for industries like manufacturing, technology, and services. Its strategic position in Central Europe, along with competitive operating expenses and government backing for innovation and entrepreneurship, provides many benefits for companies aiming to set up operations in the area.
Start a business with us
Our team is ready to assist you during every stage of starting a business in Slovakia. When you are ready to begin, please contact us using the form below to get more information and schedule a consultation. Let us serve as your reliable advisors as you explore the remarkable opportunities in Slovakia, turning your entrepreneurial goals into real success.