News
24.08.2023 |
According to the World Corruption Index, Slovakia ranks 49th out of more than 190 countries (the higher the rank, the lower the level of corruption). This means that although Slovakia still has some work to do, it is still in the top quarter of the ranking, which indicates achievements in the fight against corruption compared to other countries. The Slovak Republic has recently implemented significant reforms and updated laws to combat corruption, which shows the country’s commitment to reducing corruption. However, if you ask Slovaks themselves, most of them still consider the level of corru... |
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16.08.2023 |
Franchising is a form of business organization where the owner of a company transfers the right to sell goods or services to another company for a fee. It is in high demand in Slovakia. Important advantages that encourage businessmen to participate in franchising in the territory of the SR: The country attracts large international companies that are willing to provide franchising opportunities. There is a stable economy and a favorable investment climate. In this country, there are programs and financial incentives to support entrepreneurs, including those who want to develop a franchise busi... |
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12.08.2023 |
Why might you need a legal address in Slovakia? To register a business in the SR, as it is indicated in all registration papers. Correspondence from government agencies, various organizations and business partners is sent to this address. A very convenient and popular service is "provision of a legal address". What does it consist of? The company receives correspondence; employees notify you via the optimal communication channel; if you have agreed on additional services, the company's employees will be able to print letters, translate them, conduct correspondence on your behalf, an... |
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05.08.2023 |
Since July of this year, pensions in Slovakia have increased by 10.6%. Accordingly, the average old-age pension has become 637 euros. From next year, payments will be raised whenever pension inflation reaches 5% since the last assessment, with the exception of the last quarter. Another change that will take place in 2024 is that the retirement age will depend on the average life expectancy, and therefore will increase by 1-2 months per year. The old-age pension in the SR consists of compulsory, accumulative and voluntary insurance. Since May 2023, the approach to the accumulative part (second... |
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