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ARTICLE · 07 SEPTEMBER 1998

Slovak News - May 1998 - Statistics

SlovakiaAccounting and Audit
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.

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