All human activities or system functions related to the payment of wages, salaries, benefits, bonuses, and deductions can be referred to as payroll. Payroll is a relevant part of human resources and human resource management. It is one of the areas of business processes, which depends on the legislation of a particular state, where workers…
Ready made company is suitable for entrepreneurs who do not have enough time to start a new company. It is a company that has never carried on any activity and was set up solely for resale. Thus, these companies are without any business history, financial operations, commitments or contracts. If you are interested in doing…
Slovakia is a small territory where you can find almost everything from natural treasures, historical monuments, rich folk culture and folklore. If you want to travel in Slovakia, you can experience picturesque historic towns or wonderful monuments of world importance, taste of regional specialities and traditional national gastronomy. Those, who want to make business and…
Digitization attracts talent back to the regions in the east of Slovakia. The towns of Košice and Prešov have the potential to become attractive centers and an interesting alternative to Bratislava. There is more and more discussion about how to make the Eastern Slovakia Region more attractive. In this article, we will provide you with…
A holding company is a kind of business form which owns stocks in other entities without direct intervening in their activities and operations. These entities are called subsidiaries and are entirely controlled by the company’s board of directors. Our specialists in Slovakia can explain you the whole procedure how to open the holding company in Slovakia and can also provide you with details about the…
Civil Protection of the Population, the Government of the Slovak Republic declared, on March 11, 2020, an extraordinary situation in the territory of the Slovak Republic. On March 12, 2020, the Central Crisis Staff of the Slovak Republic adopted, inter alia, travel restrictions related to the COVID-19 disease. Preventive measures applicable to all persons entering…
With the money received from the European Recovery Plan, Slovakia will invest in the green economy, health, education, science, and research, as well as public administration and digitization. Most European funding will be invested in single-family housing rehabilitation works and will also go towards decarbonization of industry, climate change adaptation projects, biodiversity protection, and national…
You may have already heard about the system of identification and registration of economic operators – EORI registration. What is EORI and how do you get EORI in the Slovak Republic? The answers to these as well as similar questions will be explained by our consultants in the following article. What is EORI registration and…
Slovakia is an ideal investment destination to open a company, due to its economic stability reinforced by its membership in the Eurozone, tax advantages, presence of high-tech production plants, availability of qualified human capital and favorable labor costs. Real Deal + offers business advice for new entrepreneurs coming from abroad. In addition, there are numerous…
In times of pandemic, Volkswagen is betting on investment and the subsequent creation of new jobs, that is, the German car manufacturer has confirmed the expansion plan of the production plant located near Bratislava, with an investment of around one billion euros. Volkswagen intends to build a new assembly line and a new body shop….