Motivation for New Onshore and Offshore Companies' Establishment - Case of Slovakia

• Autorzy: Peter Kristofik , Michal Istok
• Języki publikacji: EN

Abstrakty

EN

The paper contributes to the rare evidence of driving motives of establishing new onshore and offshore companies by analysing the situation in the Slovak Republic in 2014. In the first part, an analysis of financial and ownership data for the Slovak enterprises already included in onshore and offshore business is performed, providing data by corporate service providers on the main motivation factors and their combination for the Slovak customers in 2014. We present the empirical evidence that the motive of tax benefits is ranked as the most important, followed by the anonymity of the UBO, flexible arrangement of ownership relations, asset protection and management and special cases. In the second part of the research the attention is paid to empirical evidence on significant areas of the business environment affecting the number of newly established onshore and offshore companies by the Slovak enterprises in the period 2005-2014. The indicators assessing the quality of the Slovak business environment are divided into two groups - paying taxes plus doing business and the quality of the legal system in Slovakia. While the research shows that for the first group it is insignificant only the indicator of time to comply with taxes; the perception of corruption and the functionality of the state institutions (cadastre, tax offices...) are evaluated as significant from the second group. (original abstract)

Słowa kluczowe

EN

Offshoring; Motivation; Motivating systems; Companies

PL

Offshoring; Motywacje; Systemy motywacyjne; Spółki

• Czasopismo: Prace Naukowe Wyższej Szkoły Bankowej w Gdańsku
• Rocznik: 2016
• Tom: 47 Rynki finansowe, inwestycje, polityka gospodarcza : nowe wyzwania i możliwości
• Strony: 115--134

Twórcy

autor

Peter Kristofik

• Wyższa Szkoła Bankowa w Gdańsku

autor

Michal Istok

• Univerzita Mateja Bela v Banskej Bystrici

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