Legally recognised corporations in Central and Eastern Europe take on many forms. We have prepared a comprehensive yet clear overview that should help you get familiar with general incorporation requirements and characteristics of a limited liability company in the Czech Republic, Hungary, Poland, Romania, Slovakia and Ukraine.
The main types of companies in Poland are Partnerships (Registered Partnership, Professional Partnership, Limited Partnership, Limited Joint-Stock Partnership) and Capital companies (Limited Liability Company, Joint-Stock Company). There are also 2 other alternatives (Branch and Sole Proprietorship), but special conditions apply. Find out all details about each of these forms of business in our 2017 Guide: Company Formation in Poland!
There are no limitations for foreign investors when it comes to setting up companies in Slovakia. A foreign natural or legal person may establish any form of company either together with other foreign or Slovak persons or alone as a sole shareholder. Find out more about about entering Slovak market from our: Company Formation in Slovakia!
The principal legislation regulating employment relationships in the Slovak Republic is the Labour Code. According to the Labour Code, employment relations shall be established by written employment contracts between an employer and employees. Besides an employment contract, the Labour Code recognizes three other contract types: work performance contract, work activities contract and temporary student job contract.Find out all about Labour Law and Employment in Slovakia in our 2017 Guide!
Romania is a market with excellent potential, a strategic location, and an increasingly solid business climate. While careful evaluation of the market is needed in order to seize business opportunities, exporting to or investing in Romania is gradually becoming less challenging than in previous years in terms of business environment predictability. Find out all about local business environment in our 2017 Tax Guideline for Romania.
The corporate law in Hungary is governed by Act V of 2013 on the Civil Code which incorporates the fundamental regulations and mandatory rules for all economic entities and also governed by the Act V of 2006 on Public Company Information, Court Registration Proceedings and Dissolution Procedures - "Registration Act" - which provides a flexible and expedient legal regime. Download our 2017 Company formation in Hungaryfor complete information about local business environment and regulations!
In recent years, the number of tax inspections on Transfer Pricing rapidly increased, that is why we recommend to focus on this area and especially on preparation of the proper Transfer Pricing documentation. Download the latest 2017 Transfer Pricing Overview for Romania for more details!
Download our 2017 Guidelines for details about the statutory framework and local entrepreneurial environment in the Czech Republic, Hungary, Poland, Romania, Slovakia and Ukraine! We have prepared for each country: