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Business Management in Slovakia

Management company in Slovakia provides full support of your business (legal, financial, accounting services). Analysis of the company’s activities, design of a development strategy, preparation and submission of regular reports.

If you have already registered your own business in Slovakia, you have opened your own company or individual entrepreneurship, the next step is to create competent management which will make the business profitable. Our company provides outsourcing services of business management support.

Business management services

 

Business management includes the analysis of the results of the enterprise and builds a business development strategy for the future.

 

To manage a business, you need accurate information about the technology and organization of a particular enterprise. You need to understand that a small cafe and a tourist business, for example, operate using different technologies, so the information about them will be different. The ultimate goal of management accounting is to help the management achieve the strategic goal of developing a particular business.

 

Business management services include:

  • forecast of business development results
  • analysis of the results of the work of individual areas and structural divisions
  • cost control
  • accounting of income and expenses statistics, a proposal for their optimization
  • development of a business budget – planned, actual, etc.
  • accounting support and delivery of full reports in accordance with Slovak legislation.

 

Development of business in Slovakia with the help of a management company is an opportunity to think about optimizing your company and its profitability, and not to deal with the peculiarities of taxation, filing reports, or other nuances of the Slovak legislation.

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.

What is business management?

For a start, the management company will help you choose an investment project for opening a business in Slovakia. Based on market research and analysis of the investment environment, it will determine what is best for you – buying a ready-made business, working on a franchise basis, investing in real estate, or developing a new project.

Business management and business organization include a wide range of tasks:

• defining the development goals of a business project and choosing ways to achieve them

• accounting, analysis, and evaluation of results

• organization of the accounting department

• legal support.

The head of the business can take responsibility for solving all these issues or delegate them to the management company.

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 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. 

How to buy real estate in Slovakia?

At your request, our specialists will select real estate objects.   You can see them and agree on the purchase during an individual tour or online, depending on arrangements with your real estate agent.

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.

How to rent real estate in Slovakia?

Renting real estate in Europe is a painstaking and difficult process. To rent accommodation on your own, you need to know the Slovak language, know the requirements for foreign tenants, and carefully study the contract. For example, it is necessary to consider the possibility of household registration for registration at the Foreign Police Department.   Our specialists and partners will help you choose the real estate in accordance with your request and draw up all the necessary documents. We are located in Slovakia, so we will recommend the most beneficial and convenient option for you.

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.