Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

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

Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness