Slovak Republic - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Slovak Republic was 5.13 as of 2020. Its highest value over the past 14 years was 6.91 in 2013, while its lowest value was 3.25 in 2015.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 3.50
2007 4.14
2008 4.54
2009 4.06
2010 4.50
2011 4.89
2012 5.14
2013 6.91
2014 3.34
2015 3.25
2016 4.74
2017 5.24
2018 5.25
2019 5.52
2020 5.13

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 18.90
2005 7.40
2009 25.00
2013 39.10
2019 21.50

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 0.300
2013 0.500
2019 0.500

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 26.60
2013 25.30
2019 25.60

Time required to get electricity (days)

The value for Time required to get electricity (days) in Slovak Republic was 89.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 89.00 in 2019 and a minimum value of 89.00 in 2009.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 89.00
2010 89.00
2011 89.00
2012 89.00
2013 89.00
2014 89.00
2015 89.00
2016 89.00
2017 89.00
2018 89.00
2019 89.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 53.52
2005 20.39

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 53.50
2013 46.50
2019 28.70

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2013 8.30
2019 5.60

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 27.30
2013 13.30
2019 8.80

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 43.40
2005 31.30
2009 3.10
2013 2.50
2019 0.90

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Slovak Republic was 39.70 as of 2019. Its highest value over the past 14 years was 39.70 in 2019, while its lowest value was 39.50 in 2008.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 39.70
2006 39.70
2007 39.70
2008 39.50
2009 39.60
2010 39.60
2011 39.60
2012 39.60
2013 39.50
2014 39.70
2015 39.70
2016 39.70
2017 39.70
2018 39.70
2019 39.70

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Slovak Republic was 0.90 as of 2019. Its highest value over the past 14 years was 2.20 in 2005, while its lowest value was 0.40 in 2006.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 2.20
2006 0.40
2007 0.40
2008 0.40
2009 0.40
2010 1.20
2011 0.40
2012 1.70
2013 1.30
2014 1.30
2015 1.30
2016 0.90
2017 0.90
2018 0.90
2019 0.90

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Slovak Republic was 9.10 as of 2019. Its highest value over the past 14 years was 9.50 in 2017, while its lowest value was 7.40 in 2006.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 8.00
2006 7.40
2007 7.40
2008 7.50
2009 8.30
2010 8.10
2011 8.30
2012 7.80
2013 7.90
2014 8.40
2015 9.40
2016 9.50
2017 9.50
2018 9.10
2019 9.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment