Business support - Slovakia
Updated 04. 2010
The following institutions provide legal and professional advice to businesses in connection with business activities:
- Private organisations
- Public-private organisations
- Government organisations
The National Union of Employers aims to protect the interests of employers, the rights of businesses and the freedom of citizens. It also plays an active role in developing and introducing legal regulations on the main common interests of employers.
The Slovak Trades Association (SŽZ) represents and protects the interests of sole traders and small and medium-sized enterprises (SME). It aims to ensure that sole traders are equal partners in social dialogue and endeavours to develop favourable conditions for their development.
SŽZ is a full member of the Federation of Employers' Associations of the Slovak Republic and part of the European Association of Craft, Small and Medium-sized Enterprises (UEAPME).
The Federation of Employers' Associations of the Slovak Republic (AZZZ) focuses on dynamic business development in Slovakia and the protection of employers' interests, especially in negotiations with central government and trade unions on economic and social policy at Slovakia's Economic and Social Council.
The following organisations actively support SMEs:
The National Agency for the Development of Small and Medium-Sized Businesses (NARMSP) was set up as a joint initiative of the European Union and the Slovak government. It promotes the development and growth of small and medium-sized businesses in Slovakia with the aim of boosting the competitiveness of the sector within the framework of the EU common market and on third country markets through focusing on four key priorities, which are:
- stimulating growth in the sector;
- enhancing its competitiveness;
- international expansion - penetrating new markets;
- providing SMEs with easier access to capital resources.
It is an interest group of legal entities whose members include:
In cooperation with the National Agency for the Development of Small and Medium-sized Enterprises there are:
- 14 regional consultancy and information centres (RPIC),
- 5 business and innovation centres (BIC),
- 9 centres of first contact (CPK),
- 16 business and technology incubators (PI/TI)
- Fund of Funds, s.r.o. (FF).
The RPIC are non-profit organisations in the form of independent regional groupings of legal entities. The RPIC centres provide comprehensive consultancy, information and training services.
The main services provided by the BIC include:
- implementation of quality systems (ISO 9000),
- technological and patent advice,
- "due diligence" - assessment of projects for financial risk,
- "spin-off" consultancy - demerging inefficient operations from large companies,
- searching for partners in the region and abroad,
- drawing up business and marketing plans,
- searching foreign sources in relation to setting up joint ventures,
- processing applications for credit etc.
The Slovak Chamber of Commerce and Industry (SOPK) is a member of the International Chamber of Commerce in Paris and a full member of EUROCHAMBRES in Brussels. The SOPK is also active in the European Economic and Social Committee (ECOSOC).
In the interest of long-term sustainable economic growth and an improved business environment, the SOPK engages in dialogue with the relevant government bodies.
Economic policy in supporting the creation and development of small and medium-sized businesses comes under the Ministry of the Economy.
The Offices of Labour, Social Affairs and the Family provide information and advice on how to benefit from a wide range of financial contributions, national social grants and social support services.
The administration of taxes is carried out by the Tax Directorate of the Slovak Republic and the tax offices.
A natural person or legal entity notifies a trade or submits an application for a concession certificate to a Trade Licensing Office,
Applications to register a company and lodge papers in the Collection of Deeds are submitted to the Commercial Register.
The Social Insurance Agency provides workers with benefits for medical care and payments in case of sickness, injury, birth of a child, unemployment, old age or invalidity, which helps to ensure a secure and stable life for employees.
The Health Insurance Agency provides general health insurance.
Several other organisations, portals and services actively support business development. Specialist advisory services cover a broad range of fields including business development, tax and financial assistance.
You may find other organisations involved in business support on:
Access to finance is crucial for setting up and running a business.
Check also the legislation on this topic in: