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ETL SLOVAKIA

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Slovakia

About

ETL SLOVAKIA is the Slovak arm of ETL GLOBAL, an international network of professional services firms. It provides tax, accounting, audit and legal advisory services to businesses operating in Slovakia.

As a member of the ETL GLOBAL network, the firm can draw on colleagues in other countries when clients have cross-border tax, reporting or compliance needs. It works from offices in Slovakia and lists its partners and locations on its website.

The firm serves companies and organisations that need ongoing accounting and tax compliance support as well as one-off advisory work, and it recruits for its Slovak offices through its own careers pages.
Tax Compliance & Advisory 35%
Accounting & Bookkeeping 30%
Audit Services 20%
Legal Services 15%
Professional Services 40%
General Business Services 35%
Finance & Accounting 25%

Case studies

ETL SLOVAKIA

How can a foreign company employ someone in Slovakia without a local entity

When a foreign company enters a new market, it often needs to hire one key person before it is ready to establish a local company. A typical example is a sales manager who can help launch market activities, build relationships and support company growth. In such situations, an Employer of Record can be a practical and effective solution. The company faces three practical challenges. The first is that at this stage it does not want to set up a company...

Sales/Expansion
Slovakia
ETL SLOVAKIA

Electricity and heat generation

A group of traditionally-oriented businesses, originally operating in the timber processing industry, separated from its manufacturing division and focused on energy – utilising renewable energy sources. The group's portfolio also includes property rental, facility management and its own hotel. However, the main business activity is the operation of its own power plant burning wood chips, as well as searching for and developing additional sources of green energy production, including through international cooperation. The company has quality in-house staff who ensure...

Energy and renewable sources
Slovakia
ETL SLOVAKIA

Securities Trader

The company has a holding structure with several interconnected businesses, some of which are partly located abroad. International operations are carried out within the affiliated companies. The company's primary objective is securities trading, commodities, foreign exchange and forex trading, their brokerage, as well as the possibility of automated trading based on its own software. Among its activities are also software development, information technology security, portal operations and other activities. Accounting management conducted externally, without advisory services and document flow management....

Financial Services
Slovakia
ETL SLOVAKIA

Software Development

A 100% subsidiary of a foreign parent company developing mobile applications and enterprise information systems was established in 2007. Its offices are located not only in Slovakia, but also in Finland, Estonia, Denmark, Germany, the United Kingdom, the USA, China and South Korea. The Slovak subsidiary carries out software development tasks and sells its services exclusively to the parent company. At its peak, the company employed 200 workers; the current headcount fluctuates around 100. The reason for acquiring this customer...

Digitalisation
Slovakia
ETL SLOVAKIA

Retail Sales

Under a purchased licence, the company operates 5 retail outlets located exclusively in shopping centres. They represent a multinational, well-known clothing brand with outlets worldwide. The company has up to 50 employees and turnover of over €2 million. Sales are conducted on a commission basis with thousands of invoices issued for goods purchases annually. Retail payments made in cash or by payment card, resulting in numerous transactions on the bank account. The company has its own accounts clerk and payroll...

Retail
Slovakia

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