Business dos and don'ts in Slovakia
Rvo, Monday, 2 October 2017
Each country has certain rules of conduct that you must take into account when doing business.
Below you will find some rules of conduct that belong to Slovakia's business culture.
First encounter
Give a firm handshake.
Older Slovakian business partners are initially aloof and distant. This is usually less the case for younger Slovak businesspeople.
Greeting
When you meet a woman, wait for her to extend her hand.
Do not use the first name of your business partner. A Slovakian indicates when you can call each other by your first name.
Communication Style
Slovaks communicate reasonably directly, but how directly depends on the importance of the person they have in front of them.
Communicate formally to new business relations. Once trust has arisen, the relationship becomes a little less formal and detached.
Meeting culture
A meeting is usually chaired and organized by the senior employee.
The meeting usually revolves around the review of decisions taken. Brainstorming and discussions are almost non-existent.
Meetings often do not have a fixed agenda.
A meeting can last indefinitely long and end when there is nothing left to discuss. The duration plays a minor role.
It is wise not to talk about political or Slovak-Hungarian issues during a meeting. You can only do this if you are aware of the political views
of your relationship.
Business cards
Exchanging business cards takes place in an informal atmosphere.
Slovaks appreciate business cards printed on one side in the Slovak language.
This article of is based on . Translated from the Dutch language by Jos Deuling.
Each country has certain rules of conduct that you must take into account when doing business.
Below you will find some rules of conduct that belong to Slovakia's business culture.
First encounter
Greeting
Communication Style
Meeting culture
Business cards
This article of is based on . Translated from the Dutch language by Jos Deuling.
Property for sale in Slovakia by private sellers and estate agents.
Process of buying real estate property in Slovakia is relatively simple, especially due to the fact there is no property transfer tax. Other real
estate-related taxes include flat 19% income tax applied on rentals and profits gained from selling the property. The real estate tax is determined by
the municipal authorities and its amount also depends on character of the property. There is no inheritance, neither purchase tax applicable.