Czechoslovakia. A long time ago it was one of a major advanced economy. It was part of the Soviet Union in the past and there was no private property. The Business Environment was very limited. For some of entrepreneurs this were a certain guarantee of safety. For some this were the horror. The fall of this large of union also meant the economic collapse of the countries in this bloc. Further of shock which hits this state was the division into two separate states: the Czech Republic and Slovakia Republic. Thus, begins a separate chapter in the history of the two countries and their enterprise development. Current research is targeting on an analysis of the emergence of new companies in these countries. So, there is a possibility to find out whether and how different the results of these brotherly nations of this once conjoined country are. Based on this was performed a time series analysis. The research period was the years from 1993 to 2022. The aim of this study is comparison of the creation and disappearance of economic entities in these regions. The contribution of this paper is a recent view of entrepreneurship in the countries concerned and a possible continuing trend in the future. It is then up to other to decide whether they want to use the results to further analyse the potential differences and develop the issue.