Where to incorporate a company?
As illustrated below, from all the capitals of Central and East European countries, Bratislava is ranked second cheapest when considering the expenses necessary for a company incorporation.
Capital 1996 1998
London 100 100
Budapest 187 96
Warsaw 98 61
Prague 87 70
Kyjev 186 176
Moscow 280 152
Bratislava 69 63
Of course there are other factors to consider in where to incorporate a company.
Income of organisations
Based on the preliminary data provided by the Slovak Statistical Bureau, financial and non-financial organisations had last year a gross income of Sk 60.6 bn. Non-financial organisation had an income of Sk 52.2 bn, which is 1.2% less than 1996 in current prices. The income of financial organisations annually decreased by 28.4% compared to 1996.