Investing in Slovakia - advantages, requirements, procedures, required documents, tax residency
As a business owner or investor, you are constantly on the lookout for new opportunities to realise your Expand business and invest sensibly. The Slovakia could be just the place you're looking for. We'll show you why the Slovakia is so attractive for investment and how you can successfully enter this market.
Advantages of outsourcing in Slovakia
Stable economic growth
The Slovakian economy has made impressive progress in recent years. It offers a stable environment for investors. Why do you ask? Slovakia has a growing IT sector and the government is actively trying to Qutsourcing into the country. For example, there are a number of tax advantages for investments in Slovakia.
Favourable business costs
A large The advantage is the low cost of doing business in Slovakia. Compared to many other EU countries, operating costs are significantly lower. This applies to rents as well as salaries and services, such as internet for your company or cleaning services.
Tax advantages
As already mentioned, there are all tax advantages for investments in Slovakia. Slovakia offers Low tax rates compared to other EU countries. A few are listed here:
- The same tax rates apply to foreign property owners as to residents.
- 21 % Corporate tax.
- 7 % dividend tax (35 % for non-resident shareholders).
- 20 % VAT (10 % reduced percentage on certain goods).
- Capital gains tax of 19 % on property sales.
Double taxation agreement
The Slovakia has a double taxation agreement with many countries and this gives international investors additional security and further tax advantages.
Central location in Europe - geographical and logistical advantages
Slovakia is very centrally located in Europe and therefore close to everything - that means Nearshoring to Slovakia. This facilitates the transfer and transport of goods to Slovakia as well as the monitoring of your Outsourcing project in Slovakia.
Outsourcing - Location Slovakia
The Slovakia has a competent and qualified workforce. That makes it easy, IT outsourcing and call centre outsourcing in Slovakia. IT outsourcing to Slovakia is extremely popular, as there are several tax advantages for companies and there are also numerous qualified IT professionals.
Labour costs and productivity
The Labour costs in the Slovakia are lower than in many other countries, while the productivity of the labour force is high. This allows companies to save almost half of the usual costs.
Market analysis and preparation
If you want to outsource to Slovakia, it is important to carry out a market analysis.
It is equally important to Outsourcing partner who can support you. Here it is advisable to consult an experienced Personnel service provider to find.
Choosing the right location - investing in Slovakia as an outsourcer
The location is important and influences many factors - costs, Networking opportunitiesavailability of labour on site. Make sure you choose the right location for your Outsourcing projects to choose.
This can be determined through some research and many Personnel service provider as we have years of experience in outsourcing and can advise you accordingly.
Company formation - Procedure for outsourcing to Slovakia
There are a number of things to consider when setting up a company. However, the The process of setting up a company in Slovakia relatively uncomplicated. Here are a few steps:
- Registration of the company.
- The company must be registered in the commercial register of Slovakia.
- A registered Company headquarters in Slovakia is required.
- Minimum capital requirements.
There are some required documents for the Outsourcing to Slovakia. If you are in any doubt, please feel free to contact us at any time.
Slovakia offers a number of advantages for investors. The tax advantages, the favourable location in the centre of Europe and the well-developed infrastructure offer excellent conditions for successful investments.
The Outsourcing costs in Slovakia are very low and save companies many costs that they would have in their own countries. Plan your Market strategiesand distinguish yourself with efficient Outsourcing projects.
If you require further information or support, please do not hesitate to contact us. We are at your disposal and look forward to assisting you with your successful entry into the Slovakian market to help.
Do you want to be Outsourcer in Slovakia invest? You know exactly what you want, but don't know where to start? That's where we come in!
Zeitarbeit International and the Slovakian government have joined forces to support you! We want to make sure, that your projects are the best of the best get, if it concerns Outsourcing services in Slovakia deals. Take a look at here the exact details. Contact us today to see what we can do for you. Expansion of your company can offer.