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Šancová 4007/48 81105 Bratislava, Slovakia

office@euro-pass.sk

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Šancová 4007/48 81105 Bratislava, Slovakia

office@euro-pass.sk

Europass | All services | A residence permit in Slovakia | A residence permit for the purpose of business

A residence permit for the purpose of business

A residence permit for the purpose of business

A residence permit in Slovakia on the basis of opening a business is an affordable variant of immigration both for owners of big businesses and for mid-level entrepreneurs working on their own. The legislation of Slovakia is loyal to foreigners who work to the benefit of the economic development of the country.

It is rather simple to set up your own business in Slovakia. You can choose:

individual entrepreneurship
limited liability company
joint-stock company (an ideal variant if there is a need to transfer capital within the European Union)
buying of the already ready business (a café, restaurant, pizzeria).

Our company will help you to choose an optimal form of business organization. After that, we will register an individual entrepreneur or a company, obtain licenses, and process documents for submitting to the migration police:

registration of an individual entrepreneur
payment of the state duty to the Commercial register
incorporation documents of the company
bank account
official place of residency in Slovakia
translation of necessary documents into the Slovak language.

The entrepreneur has to present documents for receiving a residence permit in Slovakia on the basis of opening a business personally. To enter the country, the citizens of countries with a visa regime need to obtain a working visa in Slovakia. The employees of our company also deal with this issue.

After filing the application to the police, our employees will receive a card for a residence permit in Slovakia on the basis of opening a business and will send it by courier delivery to the confirmed address.

When applying for a residence permit in Slovakia for the purpose of employment, our company assists in passing a medical examination and receiving an insurance certificate. After processing all the documents, you can officially do business in Slovakia.

Receiving a residence permit in Slovakia for the purpose of investments is a comfortable way of moving with the whole family. Other family members can apply for a residence permit in Slovakia for the purpose of family reunification.

Need a consultation?

You can get a free * consultation on all additional issues during the day! Our specialist will contact you within 1 hour.

make an appointment for a consultation

*detailed long consultation, support of you in registration of documents can be paid in addition.

Assistance to persons who are non-EU citizens at each stage of processing and submitting documents for receiving a residence permit in Slovakia on the basis of opening or buying a business. No extra trips and queues.

Receiving a residence permit in Slovakia on the basis of opening a business is the easiest way to move to a European country on legal grounds. This option is suitable both for experienced entrepreneurs and for those who only start thinking about their own business. A residence permit for the purpose of business gives a possibility to work and live in the country, to receive the citizenship of the Slovak Republic, and to run a business legally in other EU countries.

Frequently asked questions

Is it obligatory to come in person to submit documents?

Personal presence is required by law.

Which is better: a company or individual entrepreneurship?

Both a company and individual entrepreneurship enable you to obtain a residence permit. What exactly to open is decided individually for each client.

What is important to know about taxation in Slovakia?

Income tax rates are as follows: - 19% - individuals - 15% - legal entities with a turnover of up to 100 thousand - 21% - legal entities with a turnover of more than 100 thousand If the amount of tax exceeds 5 thousand, there is an obligation to pay quarterly advance payments. Dividends are taxed at a 7% rate.

What is the VAT rate in Slovakia?

20%

What business can be opened in Slovakia?

Slovakia is a developing and promising country. You can open any kind of business in any sphere. This can range from opening your own small outlet to sell a variety of goods or a café and up to building a cottage village or skyscraper. It is very important to remember that in order to achieve maximum success you need to personally engage in this business.

Is it possible to buy an existing business?

Yes, the Internet is full of offers to sell an existing business.

Why do you need a residence permit in Slovakia?

A residence permit in Slovakia will allow you to: - live and work in Slovakia on a permanent basis, - cross the borders of 28 EU member states without a visa, - open and run business in Slovakia and EU countries, - get a mortgage loan at an annual interest rate of 2-3%, - and many other benefits, as well as starting a new life in Europe!

Where to go to process the documents?

When processing the documents, we accompany you to the Foreign Police Department to submit the application in person. You can also submit the application in person at the Foreign Police Department at your place of residence if: - you are in Slovakia on the basis of a valid temporary residence permit; - you are in Slovakia on the basis of a valid national visa; - you do not need a visa to stay in Slovakia; - you are the holder of a Certificate of a Slovak living abroad; - you have been granted tolerated residence (acc. to Paragraph 58 section 1, points a-c or section 2) If you are not in Slovakia, the application is submitted to the Embassy of the Slovak Republic in your country. At the embassy, you have a personal interview for the purpose of a preliminary assessment of the application.

How to buy a business in Slovakia?

Buying a business in Slovakia will allow you to easily enter into contracts with European companies on a direct basis and do business in the EU. We provide assistance in choosing the right business and drawing up all the necessary documents. You can consider buying a foreign company that has or does not have a corporate bank account. In addition, we provide the opportunity to receive nominee service, as well as legal or accounting services for a foreign company.

Can foreigners open a business in Slovakia?

Yes, they can. Slovakia is a developing European country. Legislation here is aimed at supporting and developing business, and investment is supported by government programs. Starting a business in Slovakia is a legal way for foreigners to obtain a residence permit. Our specialists will provide full support in the process of registration and opening of an individual entrepreneur / a private entity in Slovakia on a turnkey basis.

How to duly translate documents into the Slovak language?

It all depends on the type of documents and the agreement concluded by your country. Certification of translation is not required for countries that are state parties to the Hague Convention. This means that in order to use abroad documents issued in such a country, you only need to apostille them. Apostilled documents must not only be translated into Slovak but the translation must be made by a sworn translator and bound to a notarized copy of the document. Such translators are located in Slovakia. Our specialists will provide full translation services in Slovakia.

How to open a bank account in Slovakia?

Our specialists will help you open a bank account in Slovakia quickly and easily. You can choose a plastic bank card: simple, embossed, or credit. Citizens of non-EU countries must present a passport, a permanent residence card or a residence permit of Slovakia, or a tolerated residence permit in Slovakia, together with some official documents confirming ties to Slovakia.