Founding firms in Slovakia very slow

A WORLD Bank report says that establishing a firm in Slovakia takes almost as long and is as complicated as it is in Botswana.

Business people must arrange at least 10 different formalities, and the process of setting up a business operation lasts at least 3 months.

The study said conditions for business people in Slovakia were far behind those of business people in Australia, Canada, New Zealand, Denmark, and the US.

In terms of expenses, the establishment of a firm in Slovakia costs as much as it does in Australia - $401 (€342) - where the process is the fastest.

Top stories

Bratislava Mayor Matúš Vallo speaks to foreigners at [fjúžn] festival's "Ask the Mayor" event.

Foreigner’s community has a big voice, but it needs to be more organised

Bratislava Mayor Matúš Vallo addressed the questions and concerns of foreigners in Bratislava during a special Q&A.

21 h
Reconstruction work on the Monument of Liberation and Victory, unveiled in 1955 in the Dargov mountain pass, which commemorates the liberation of eastern Slovakia from Nazism.

Unusual mousetrap and Dubček's glasses: Slovakia treasures on display in America

Look through event tips, set out on an easy hike and read short culture stories.

4 h
No single list of foreigners who are entitled to vote in Slovakia exists.

It is a simple question. How many foreigners vote in Slovakia?

The million-dollar question the state and towns can hardly answer.

2 h
Bratislava, Main Square

Inhabitants of Bratislava should not see curfew or ban on travelling. Capital reaches vaccination milestone

In the current regional Covid automat system, Bratislava should not be worse than the red tier.

21 h
Skryť Close ad