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+421 917 442 035

Šancová 4007/48 81105 Bratislava, Slovakia

Market Research

At the request of the customer, our company conducts a comprehensive study of the market sector where the customer is planning to develop the business. Based on the information received, it is possible to talk about the most profitable market niches today, to choose free niches, and to analyze a consumer of goods or services which you plan to use in order to enter the Slovak market.

 

Europass employees investigate those areas that will meet the customer’s needs, and also make a forecast of the expected growth of the indicators in the selected area.

Market research includes:

• general description of the economic situation in Slovakia, available market indicators

• analysis of state policy in relation to the development of the internal and external markets

• research and assessment of the main competitors in the chosen niche

• pricing policy, logics of price formation for specific goods or services, and factors that affect prices

• monitoring the demand for goods and services in the selected market niche

• study of the target audience and its needs

• growth forecast taking into account possible risks

• assessment of the investment attractiveness of this market niche.

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.

It is difficult to do research on the market of another country on your own. This is the case when it is better to entrust the analysis to specialists. Europass employees work with real numbers and indicators that will be used when planning to open a business or investing. As a result, each customer gets an understanding of the market demand, existing competitors, and opportunities for expanding a specific niche. Marketing research allows to make expert assessments, predict business development, and the profitability of investment projects.

Market research can seem like a lengthy and unnecessary process. However, it is essential in order not to waste time developing unprofitable business niches and not to invest in projects that will not be profitable in the future.

Frequently asked questions

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.