The Slovak government is very keen on attracting foreign direct investments, which is why the legislation provides for several incentives for overseas entrepreneurs and companies interested in doing business here.
One of the latest regulations enabled by the government is the Regional Investment Aid Act which provides for a series of incentives for those interested in opening companies in Slovakia.
Our company formation agents in Slovakia can help foreign investors who want to register businesses here.
The Regional Investment Aid Law provides for incentives for entrepreneurs who want to open new companies in Slovakia, but also for those who already activate on the local market and who want to expand their activities.
The new regulation targets investments in less developed regions in Slovakia and is based on incentives granted to companies and enterprisers who want to set up companies in these regions in accordance with the Research and Innovation Strategies for Smart Specialization and Industry.
Our company registration consultants in Slovakia can offer more information on the legislation related to foreign investments in this country.
The conditions applied to foreign and local entrepreneurs who want to start investment projects under the new Regional Investment Aid Act were issued in July and provide for:
The aids granted under the new Regional Investment Law in Slovakia can be granted as tax reliefs and subsidies.
For more information on the new Regional Investment Aid Law or assistance in setting up a company, please contact our Slovak company formation advisors.