Reforming the Fdi's Law for Achieving Sustainable Innovative Development at the Regional Level

At the end of the nineties, the Slovak Republic succeeded in removing the mantle of communism from it and opened the door wide for foreign direct investments. Rather, it went further by adopting a wide reform package that targeted the joints of the economy and legislation in the country that prevailed in it when it was a communist state. It focused on supporting foreign direct investment by setting laws about the investment period for supporting the foreign investors of all degrees, and it also worked to reduce the volume of taxes imposed on them, as these facilities were directed to untapped regions suffering from weakness in their economic growth. Slovakia is among the most attractive countries for foreign direct capital.