Slovakia - Franchising Slovakia Franchising
Franchising in Slovakia is growing and includes hotels, fast food operations, gasoline stations and business services. There is no Slovak legislation specific to franchising. Franchising agreements are treated as commercial contracts and are regulated by the Slovak Commercial Code. U.S. franchises in Slovakia are still limited but include, for example, McDonald’s, Domino’s Pizza, Kentucky Fried Chicken, Subway, Marriott, Century 21, Remax, BNI, and FitCurves. This is an excellent time to enter the market, but franchisers should be prepared to adjust franchise royalties and other mandatory payments to reflect the size of Slovakia’s small market and to offer creative financial options, as the financial resources of some of Slovakia's most promising entrepreneurs could be limited.
The Slovak Franchise Association (SFA) supports the development of franchising in Slovakia for existing members as well as for companies planning to implement franchising in the future. The goal of the SFA is to build optimal franchising conditions for both franchisers and franchisees. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.