Large business setup in Slovakia
Launching a corporation requires thorough preparation and effort, as well as consideration of specific challenges and factors. We will explore the benefits of starting a large company in Slovakia and how our specialized services can enhance your chances of success.
The process of setting up a large business
Creating a big company in Slovakia is similar to starting a small or medium-sized business, but because of its size and complexity, establishing a large enterprise usually takes more time and resources. The steps involved are as follows:
Choose a business name
The name of the business must be original and not currently being used. You can verify the availability of a name on the Slovakia Trade Registry’s website.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your sizable company. Our expert guidance on Limited Liability Company (s.r.o.), Joint Stock Company (a.s.), Branch Office, Holding Company can assist you in making a well-informed decision that suits your specific needs and long-term goals.
Set up legal address
When beginning a business, it is crucial to have a legal address as it is the primary point of contact for government agencies, legal authorities, and important business correspondence. Selecting a legal address that complies with local regulations and fits your business needs is essential.
Get the necessary paperwork ready
Our expert team will assist in producing detailed and tailored documentation that aligns with your company’s structure and objectives. We ensure compliance with all legal requirements and manage the filing process on your behalf.
Open a bank account
We will help you with every step of the process of opening a bank account, making sure that the company follows the rules and selecting a trustworthy financial institution for your account in Slovakia.
Company registration
We take care of the registration process with authorities such as the Trade and Companies Register and tax authorities, freeing you from the administrative workload. This ensures that your business is properly recognized and compliant from the very beginning.
Setup accounting
Maintaining precise financial records is crucial for the successful launch of a large business. Our team of accounting professionals can assist in setting up efficient accounting and bookkeeping procedures that adhere to Slovakia’s regulations.
Large business examples
Big businesses work in different industries and sectors, each having their own unique requirements. Here are some examples of big businesses:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Slovakia
Slovakia is an appealing location for the establishment of big businesses, with a variety of benefits.
Strategic location
Slovakia has a talented labor force and a steady economy that is ideal for industries such as manufacturing, technology, and services. Located in Central Europe, Slovakia provides competitive costs for operations and government assistance for fostering innovation and entrepreneurship, making it an attractive option for companies wanting to set up operations in the area.
Favorable tax regime
Slovakia has a flat corporate income tax rate of 21% and provides incentives such as tax credits for research and development activities. As a result, the country has been successful in attracting foreign investment in manufacturing and technology industries.
Banking
The banking sector in Slovakia provides stability, effectiveness, and easy access, creating a trustworthy environment for both local and global investors to participate in a range of financial activities and investment options.
Our Large business setup solutions
We understand the significance of your time and resources, which is why we offer two convenient choices to make the process of setting up a company easier.
Business formation online
By utilizing the online platform offered by Slovakia, individuals have the opportunity to start and finalize the establishment of a business from any location globally. The option to track progress, submit necessary paperwork, and make use of our services on secure digital platforms guarantees a seamless and convenient process.
Business formation remotely
If you would like a more hands-off approach, we are able to handle all the necessary paperwork for you. Our team of professionals will take care of all the required formalities, complete the paperwork, and communicate with the appropriate authorities on your behalf in order to give you peace of mind.
Contact us
Get in touch now to schedule a meeting and begin pursuing your business goals. Let’s move forward together by taking the initial step.