About Slovakia
Slovakia is a dynamic country located in the heart of Europe, offering a unique combination of rich history, natural beauty and modern opportunities. The country’s capital, Bratislava, is the center of cultural and economic life. The official language is Slovak. Slovakia has a well-developed transport infrastructure, including an extensive network of roads and railroads, which, due to its strategic location in the center of the continent, provides easy access to key European markets and makes the country attractive for both business and tourism.
Slovakia is among the safest and most politically stable countries in Europe, according to international rating agencies. According to Credendo Group’s rankings, the country holds leading positions in terms of security, which creates reliable conditions for living and doing business. Since joining the European Union in 2004 and joining the Eurozone in 2009, the country’s economy has strengthened. The use of the euro as a currency reduces the risks of currency fluctuations and transaction costs, which makes the country even more attractive to foreign investors.
Slovakia’s economy is characterized by a high degree of openness, which is confirmed by Eurostat data. This creates favorable conditions for foreign economic activity and facilitates trade with other countries. As a member of the Schengen Agreement, Slovakia allows its residents to travel freely throughout the European Union, which is a significant advantage for both business and private life.
For entrepreneurs and investors Slovakia offers a number of attractive conditions. The country implements regional investment support programs and provides tax incentives for scientific research, stimulating the inflow of foreign companies and the development of innovations. The progressive taxation system with an initial personal income tax rate of 15% makes Slovakia’s tax system one of the most competitive in Europe. VAT in the country is 20%, but can be reduced to 10% for certain categories of goods and services.
Education in Slovakia is also at a high level. The country’s universities issue diplomas recognized throughout Europe and the United States, which opens wide prospects for graduates in the international job market. In 2024, six Slovak universities were included in the QS World University Rankings, which confirms the high quality of education.
Slovakia is a unique country that combines cultural heritage with modern opportunities. Each region of the country has its own unique attractions, from charming cities to picturesque natural landscapes. Whether for business, education, tourism or permanent residence, Slovakia offers comfortable conditions for achieving the most ambitious goals and realizing new opportunities in the heart of Europe.
Our services in Slovakia
Investments in the Slovak Republic
Our real estate experts will find you a residential property in any region of the Slovak Republic. If you are interested in building a new house, our Slovak partner can build a house for you according to an individual design project.
Our team includes only the best commercial real estate experts in Slovakia. We advise on everything from renting commercial premises and offices in Slovakia to buying commercial real estate, warehouses, hotels and other commercial properties.
Residence permit, residence permit in Slovakia
Entrepreneurs and businessmen after opening a company in Slovakia can apply for a long-term residence permit for both the founders of the company and their family members. The main step is to properly prepare all the necessary documents to obtain a residence permit card for the purpose of doing business in the country.
Entrepreneurs who decide to open a sole proprietorship in the Slovak Republic can apply for a long-term residence permit for both the main applicant and his/her family members.
Family members of third-country nationals may reunite with the main applicant to live together in Slovakia.
Upon admission to higher education institutions of the Slovak Republic, students are granted a long-term residence permit for the purpose of study, and students may also work in Slovakia for a certain number of hours.
After five years of residence in the Slovak Republic, a third-country national may apply for a European residence permit for Slovakia.
Business in Slovakia
We register all types of companies in Slovakia from sole proprietorship, LLC (s.r.o.) to OJSC, CJSC, etc.
Our tax experts and accountant will advise you on tax issues in the Slovak Republic, both for individuals and legal entities.
We will find for you a ready-made Slovak company with a good history and an open commercial bank account.
We will assist you in opening a commercial account in Slovak banks, as well as with bank compliance.
Our team provides a full range of accounting services for businesses in Slovakia.
Opening of personal accounts in Slovak banks
Our experts will assist you in opening personal accounts in the best Slovak and European banks.
IST Hungary - full range of consulting services in Slovakia
IST Hungary is a Hungarian international consulting company that provides services to foreign citizens from all over the world:
Business organization and banking services
- Company registration in Slovakia
- Assistance in opening commercial accounts with banks in Slovakia and other countries
- Advice on increasing sales and business partnerships
- Analytical services
Financial and legal services
- Full accounting support
- Tax optimization
- Consulting on Slovak tax legislation
- Comprehensive legal support in conclusion of contracts between European companies
- Support of legal transactions
Migration services
- Business immigration consulting
- Assistance in obtaining visas, residence permits and citizenship
- Advice on long-term stay in Slovakia
- Support for employers in obtaining work permits for foreign employees
Real estate services
- Advice on acquisition of residential and commercial real estate in Slovakia
- Legal support for real estate transactions
- Consulting in the field of construction, including design and construction of factories
Investment services
- Attracting entrepreneurs and large investors to Slovakia
- Marketing consulting
- Development of strategic partnerships
including intermediary services.
Photo from the National Day of the Slovak Republic at the Embassy of Slovakia in the Russian Federation, 2017.
In the first photo from left to right: Timur Igamnazarov, CEO of IST Hungary and Juraj Kristoforović (General and Military Ataše), in the second photo Timur Igamnazarov and Ambassador of the Slovak Republic to the Russian Federation Peter Priputen, Timur Igamnazarov and Peter Vilchak (Third Secretary).