How to open a new office/branch in one of the CEE countries?
Any foreign entrepreneur can open both a new office and an entire branch in CEE countries. However, in order for his business to be fully legal, certain conditions must be met. From this article you will learn what you need to do to develop your business in one of the CEE countries.
What do you need to consider when opening a new branch of a foreign company in Poland?
When considering a company's investment in opening a new office or branch in one of the Central and Eastern European (CEE) countries, there are several factors to consider:
1. Talent pool
The availability of a skilled and experienced pool of professionals is an important factor in any investment decision, and CEE countries are known for having a large pool of highly educated and talented IT professionals.
2. Cost effectiveness
CEE countries, including Poland, Czech Republic, Hungary and Slovakia, are known for their relatively low cost of living and operating costs compared to other major European cities. This can be an important advantage for companies looking to expand their operations in the CEE region.
3. Economic stability
Companies considering opening a new branch in CEE should assess the stability and growth potential of the local economy, including the stability of the political and legal systems and the availability of financial resources.
4. Market access
Companies considering investing in the CEE region should assess the location's access to the target market, including proximity to customers, suppliers and other key stakeholders.
5. Infrastructure
When planning to expand their business in the CEE region, companies should assess the quality and availability of transportation, communications and other key infrastructure, as well as the quality of life in the region, which can be an important factor in attracting and retaining talent.
6. Government incentives
Companies considering investing in the CEE region should assess the level of government support and subsidies available for investment in the region, such as tax breaks, grants and access to financing.
7. Competition
Foreign companies considering opening a new office in CEE should assess the level of competition in the region, including the presence of other similar companies, as well as the availability of key resources and technologies.
All of these factors should be considered and factored into a company's decision-making process when considering investing in opening a new office or branch in one of the CEE countries. Ultimately, of course, the choice of location depends on the company's specific needs and goals.
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A proven recruitment agency is an invaluable aid that every entrepreneur trying to spread his wings in Poland should reach for. It is the one that will take care of the search and selection of candidates for your company who will meet your every expectation. No one has as much experience and knowledge as a qualified team of specialists working in the employee recruitment industry. Employees of the recruitment agency are able to find suitable candidates for both specialized, expert and managerial positions, who will perfectly fit the profile requirements and organizational culture of the company. Through access to a broad candidate base and the high quality of services provided, the recruitment agency meets the expectations of even the most demanding foreign employers.