No Deal in the UK

Deal in Slovakia

According to a Bisnode analysis, interest among British companies in doing business in Slovakia is growing as the time until Brexit grows short.

Since July 2018, 163 new companies with British owners have been created in Slovakia. This means that there are 1,466 British companies in Slovakia, the highest number ever. The level of the core capital that they own is also a record, exceeding €1 billion.

According to Bisnode analyst, the number of British-owned companies has been continually growing in Slovakia since 2015, when 988 British companies were registered. In the past four years the British have set up 478 new companies, while the core capital owned has almost tripled. Analysts stated that this trend has confirmed their expectations that Slovakia could exploit Brexit.

Core capital has increased by almost €267 million since last year, which is an increase of approximately 34 percent. Analysts thinks that this could mean that entrepreneurs from the UK are launching ever more business ventures in Slovakia.

Business in Slovakia can be done by opening a new company, buying a ready-made company, opening an organizational branch in Slovakia, etc.

We can offer you ideas and assistance, feel free to contact us to make your business in Slovakia.

resource : newsnow.tasr.sk