Slovak Republic

 
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The Slovak Republic has established extremely positive investment conditions for external investors including significant tax relief, and further reforms are expected in the areas of public procurement, banking, pensions, healthcare and education. The environment in Slovakia is predicted to evolve rapidly as these changes are effected. Keeping up with the regulatory and legal environment is key for Slovak and international businesses. DLA Piper Weiss-Tessbach responds to the unique demands of this legal environment. Experts in local law and procedure can help you devise the best structure for your business and the appropriate contracts to help manage your relationships including distribution, procurement, leasing, employment, real estate and much more.

The Slovak Republic has shown strong economic growth in recent years and the Government has focused on the economic reforms necessary to integrate the Slovak Republic into European and multilateral trade organisations, including the OECD and the EU. As Slovak businesses restructure and modernise they are providing strong demand for new equipment and technologies, which has spurred growth in key sectors such as electrical machinery, information/management and communication systems, financial services, environmental products and services, automotive components, and production processes.

In a competitive regional environment, enterprises are increasingly choosing the Slovak Republic as a centre for regional operations. With educated workforces and many municipalities developing their industrial estates and infrastructure, more and more areas are emerging as attractive business centres. Recent laws on privatisation have also sanctioned deregulation in a range of previously protected sectors including banks, telecommunications and insurance. Through our office in Bratislava we can provide integrated advice on your activities in the Slovak Republic and throughout Central and Eastern Europe.

We also speak your language - lawyers in Bratislava speak English, German, Czech, French, Russian and Hungarian and provide full legal advice on all commercial legal issues in the Slovak Republic.

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