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Compulsory VAT registration in Slovakia – conditions and procedure.

Taxes in Slovakia 20. October 2023

According to the Slovak VAT Act, domestic taxable persons are obliged to register as payers of value added tax “VAT” pursuant to §4, §7 and §7 (a) of Act No. 222/2004 Coll. (hereinafter referred to as the “VAT Act”) – the so-called compulsory registration for VAT. In this article we will discuss in more detail:…

How to start business in Slovakia as fast as possible

How to Start Business in Slovakia as a VAT Payer as Soon as Possible?

Company formation in Slovakia 20. October 2023

How to Start Business in Slovakia as a VAT Payer as Soon as Possible? Venturing into the Slovakian market is an exciting endeavor. But as with any international business journey, it’s not without its complexities. One particular aspect that often perplexes entrepreneurs is navigating the VAT system. If you’re thinking, “How can I start business…

Choosing the Right Business Structure in Slovakia: LLC, Joint-Stock Company, or Other?

Company formation in Slovakia 18. October 2023

Choosing the Right Business Structure in Slovakia: LLC, Joint-Stock Company, or Other? Navigating the realm of company formation in Slovakia can be difficult. Whether you’re an international entrepreneur or a local businessperson, the first step towards a successful venture is selecting the appropriate legal structure. With several options available, the challenge is discerning which one…

How to open corporate bank account in slovakia

How to Open a Corporate Bank Account in Slovakia?

Company formation in Slovakia 18. October 2023

How to Open a Corporate Bank Account in Slovakia: A Guide for Foreign Businessmen. Setting up a business in Slovakia is an attractive prospect for many foreign entrepreneurs, thanks to its strategic location in Central Europe, skilled workforce, and business-friendly environment. However, one crucial step in establishing your business presence in the country is opening…

How to sell company in Slovakia without CIT.

How to sell a company in the Slovak Republic and pay 0 € income tax using holding?

Taxes in Slovakia 18. October 2023

Under what conditions do you not have to pay income tax on the sale of a business share in Slovakia? At the outset, for the purposes of this article, the sale of a business is defined as the sale of a business interest or the sale of shares in any of the forms of companies…

Company formation in Slovakia in 2023 – overview.

Company formation in Slovakia 18. October 2023

Overview of Company formation in Slovakia. Slovak and foreign investors looking to engage in the Slovak market have a range of corporate structures to choose from. The key legislation governing this area is the Slovak Commercial Code. This Code outlines the various corporate forms and defines entrepreneurial activities as systematic, independent activities conducted by entrepreneurs…

Legal forms and Taxation in Slovakia – 2023.

Company formation in Slovakia 18. October 2023

Tax rates and legal forms in Slovakia in 2023. If you find yourself enticed by the emerging business prospects in Central and Eastern Europe (CEE), Slovakia should certainly be a top choice in your list of potential destinations. The enduring political stability, advantageous geographical position, adoption of the common European currency, favorable tax structure, and…

Foreigners from Poland starting business in Slovakia

Company formation in Slovakia 17. October 2023

Foreigners from Poland doing business in Slovakia. We will describe basic rights and obligations that define the possibilities of doing business in Slovakia for citizens of Poland. For the purposes of this Article, doing business means: 1. the establishment of a trade by a citizen of Poland in the Slovak Republic; and 2. the appointment…

Foreingers from Ukraine doing business in Slovakia

Foreigners from Ukraine starting business in Slovakia

Company formation in Slovakia 17. October 2023

Foreigners from Ukraine doing business in Slovakia – who can and who cannot? We will describe basic rights and obligations that define the possibilities of doing business in Slovakia for citizens of Ukraine. For the purposes of this Article, doing business means: 1. the establishment of a trade by a citizen of Ukraine in the…

Advantages of the Slovak joint stock company (a.s.), its characteristics and incorporation.

Company formation in Slovakia 17. October 2023

The legal form of a Slovak “joint stock company” is the second most commonly used legal form for businesses in the Slovak Republic. Recently, we have received requests from our clients, mainly for the purpose of setting up their holding structures and ensuring the anonymity of their business. A joint stock company has its undeniable…