Employer of Record Slovakia
Skuad's Slovakia Employer of Record (EOR) solution helps your business expand into Slovakia without the need for an entity setup. Our unified and automated global HR platform enables you to expedite the onboarding of your remote team, manage their payroll, benefits, etc. compliantly. We help you streamline the global expansion process with the able assistance of our international network.
Slovakia At A Glance
Population: 5.46 million
Capital city: Bratislava
Languages Spoken: Slovak Language, English, Russian, and German
GDP: 1.05 Billion USD
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Employment in Slovakia
What Must You Know Before Employing In Slovakia?
The Slovakia Employment Laws are quite similar to other countries. For setting up any business in Slovakia, you need to follow those laws. These laws apply to both Citizens and foreigners.
Let us understand the basic entitlements under Slovakia Labour Laws:
To ensure your expansion endeavors are in compliance with the Slovakia employment laws, Contact Skuad today.
Contractors Vs. Full-time Employees
Contractors are dealt with differently than full-time employees in Slovakia. Under the Employment Contract Law, Slovakia, the contracts must be maintained in writing between the employers and the employees. A contract may be fixed or indefinite. A fixed contract is two years long with a duration explicitly stated, which could be extended or renewed twice within two years.
A contractor in Slovakia would provide you immense benefits like flexibility, self-payment of taxes, etc. It gives advantages like low tax maintenance, administration facilities, and the usage of specialized skills. They are hired individually for their expertise in specific areas.
Employees recruited Full-time are hired for their loyalty, commitment, and contribution to the company’s vision. They are entitled to the company’s employee benefits and work full time. Employment contracts in Slovakia have the following minimum inclusions:
- The Workplace
- Job Description
- Date of the communication of work
- Amount of salary and pay period
Learn more about Company agreements, Slovakia, and employment contracts Slovakia from our team of experts.
Hiring in Slovakia
Brands like ManPowerGroup, Grafton,Manuvia, ADECCO Slovakia, Maxim's Group, TRANSFER International Staff, etc., are some famous hiring companies in Slovakia. Hiring online might seem simple but it entails thorough background checks. The process can be made smooth by partnering with an EOR that can take care of all compliance regulations, background checks involving the hiring process. It also can expedite the hiring process through novel solutions like virtual onboarding and e-signing of documents.
At Skuad we believe in helping our clients most comprehensively. You can remain assured of us managing all functions like payroll, expense management, tax filing, and so on. We continually try to make it a better experience for both the company and the aspiring job applicant. Call us to know more about our hiring solutions and the process to hire employees in Slovakia
Probation & Termination
Probation & Termination are crucial aspects of the labor laws in Slovakia. The probationary period in Slovakia is based on the position of an employee. The initial standard probation period in Slovakia is around three months for executives. Managerial positions have a probation period of around six months.
Learn more about the termination of services in Slovakia!
Business expansion is a long-drawn process that calls for extensive planning, especially when expanding to a foreign country. It is complicated and can take up to several months to complete but by choosing the EOR route for hiring employees in Slovakia, you can fast-track the expansion process. Employer of Record Slovakia (EOR) solutions by Skuad can make expansion to Slovakia much simpler and a lot quicker for business. Our global outreach and a tech-enriched HR platform ensure compliance with local labor laws by managing employment responsibilities such as monthly payroll, work permits, employment contracts as well as taxation for your employees in Slovakia. Book a demo with Skuad today.
General Employment of Record Services Terms
To know more about EOR services terms, talk to our experts.
Outsourcing Employment Through An Employer Of Record
If you wish to expand your business in Slovakia, you can either use your in-house team or opt for an employer of record to manage your HR services, payroll, taxation, and employee circle. We can help you evaluate the pros and cons of both these options. Call us to know more.
Types of Visas in Slovakia
There are two categories of Visas for entering Slovakia. Different types of work visas are -
Learn More about different visas and the application process.
With Skuad as your Employer of Record, you can enjoy sponsorships for foreign workers by local partners. The table below answers pertinent questions about work permits in Slovakia.
Talk To Skuad Experts about your work permit requirements.
Things You Must Know To Set Up Payroll In Slovakia
Payroll & Taxes in Slovakia could be easily managed if you are aware of the rules and regulations in Slovakia.
Payroll includes the list of your company’s members and their due amounts. Therefore, the payroll consists of your national as well as international employees as well.
If you are not a local entity in Slovakia, managing these payrolls might be even more challenging due to a lack of knowledge about the team, employees, regulations, Slovakia employer payroll taxes, and many more. Therefore, to manage your payroll, you could either use payroll outsourcing in Slovakia or build an in-house team to handle such operations.
Skuad offers you the best services with expert guidance to minimize errors and maximize efficiency.
Taxes in Slovakia
Have queries about the taxation policy of Slovakia? Know more.
Incorporating a Holding company in Slovakia helps you to own special kinds of companies that do not interfere directly with operations but own stocks. The documents that need to be filed with Trade Register includes -
- Proof of Depositing the share capital
- Information about the shareholders
- The holding company’s statutory documents
- Proof of legal address in Slovakia
Know more about owning a holding company in Slovakia.
Professional Employer Organization (PEO)
A Professional Employer Organization is an organization that collaborates with medium and small-sized organizations to provide HR services. A PEO handles various HR services such as recruitment, payroll, training, and other compliances. An EOR also provides similar HR services; however, the difference lies in the arrangement or association between the EOR company and the business.
A PEO acts as your co-employer, whereas an EOR acts as the legal employer of your employees. It assumes all the responsibilities and liabilities of your remote team. You can outsource a specific HR function or end-to-end activities to an EOR. It allows you to expand your workforce without setting up a business entity. It handles payroll funding, worker’s compensation, and unemployment claims and reports. It files taxes under its file ID number. In other words, if you join hands with an employer of record, you are free from managing the human resources function during your business expansion.
Skuad's EOR solution is a good way to expand your business in Slovakia without setting up a separate entity. Our solutions help you to stay focused on your business and leave all business compliances, payroll processing and complete management work to us. Connect with Skuad to know more
Businesses looking to expand their workforce in promising regions may find Slovakia an attractive destination especially if you have an employer of record like Skuad as a partner. Its one-of-a-kind EOR solution lets you streamline and expedite your global expansion process. Book a demo with Skuad experts to know more.