Should I go abroad to start a business or stay in Slovakia? This question is on the minds of an increasing number of entrepreneurs and investors today. However, the decision isn’t just about comparing tax rates. Asset protection, tax residency, the structure of the business, and international tax rules also play an important role.
Peter Varga, a partner at Highgate Group, addressed this topic in an in-depth analysis for Forbes magazine. In the article, he explains why simply establishing a foreign company or formally changing one’s tax residency is generally not enough, and what conditions must be met for foreign structures to be legal and defensible even in the event of a tax audit. He also outlines the situations in which Slovakia, on the other hand, can be a very advantageous jurisdiction for entrepreneurs.
You can read the full article in the PDF below:
We’ll also be exploring this topic further at our conference: “Why and How to Stay in Slovakia?”, where we’ll explain when setting up a foreign entity actually makes sense, what risks entrepreneurs often underestimate, and why Slovakia can be the best solution in many cases.
Reserve your spot at the special EARLY BIRD price.
If you are interested in this topic, please do not hesitate to contact us:
For more information on property and business protection, visit this section of our website: Property and Business Protection
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You can address your specific questions in a consultation with our partner Peter Varga, who specializes in financial regulation and tax law. You can book a consultation here:
Law & Tax
Tomas Demo
tomas.demo@highgate.sk
Accounting
Peter Šopinec
peter.sopinec@highgate.sk
Crypto
Peter Varga
peter.varga@highgate.sk
