Slovenia is a reliable European jurisdiction with a strategic location. Some companies intending to enter and be present in European markets may find setting up a company in Slovenia particularly promising. This review can help you during your pre-jurisdiction assessment.
Forms of legal and business presence
If you consider Slovenia as a target destination for your investments, it is possible to establish a business presence in one of the following forms:
Limited Liability Company (LLC) – a company that can be registered by at least one person. The founder(s) are not responsible for the outcome of the LLC's activities, except for the amount of contributions made. The minimum statutory capital of this company is 7,500 Euro. The number of shareholders in this case is limited to 50. This is a flexible form of doing business, suitable for small and medium-sized enterprises.
Company with unlimited liability – the founders of this type of legal entity bear full responsibility for all its enterprises. The personal property of the founders can also be claimed by the creditors.
Public limited liability company – a commercial company with authorized capital divided into transferable shares. The liability of the shareholders is limited only to the value of the shares held. The authorized capital of this company must not be less than 25,000 Euro.
General partnership – this type of business can be managed by partners who bear unlimited liability for the results of the partnership's activities.
Limited Partnership – is a business entity organized by (i) at least one general partner who is fully responsible for all of the partnership's businesses, and (ii) limited partner(s) whose responsibility for the results from the business operation is limited to the amount of the investment made.
Limited partnership through shares – this type of Slovenian partnership can be established by at least 5 partners who are responsible for the partnership's activities within the limit of their share capital contribution.
Branch – is a business formation of a foreign company that can carry out its business activities in Slovenia.
Requirements and steps to register a company in Slovenia
If you are considering setting up a company in Slovenia, you can complete the process by following these basic steps:
Clarifying your business priorities (proposed activities of a future company) and drawing up a business plan.
Obtaining a tax identification number for non-resident founders.
Confirmation of company name for future legal entity.
Collection of information about the founders, beneficiaries and future management of the company.
Arranging the address of the headquarters of the future company in Slovenia.
Contribution of the authorized capital (at least 25%) in non-monetary or monetary form.
Preparation and formalization of the regulatory documents of the future company.
Submission of a set of documents for state registration. This procedure can be (i) simplified through any entry point of VEM one-stop service or (ii) standard through reference through a notary.
Registration for tax and social security purposes.
Opening a corporate bank account.
Obtaining the relevant licenses and permits (optional).
Legal and Regulatory Framework
In this jurisdiction, the overall ease of the process of establishing and operating a company should be emphasized. This process is mainly governed by the Companies Act and relevant by-laws. The Ministry of Economic Development and Technology, the Securities Market Agency are the main regulatory state bodies in the field of business.
Advantages of Jurisdiction
Founding a company in Slovenia can be promising in view of these advantages that the jurisdiction has:
Stable and developed economy
Some sectors of the Slovenian economy are growing rapidly (manufacturing, financial sectors, wholesale and retail trade, insurance)
Very good local infrastructure
Well qualified employees
Many agreements aimed at attracting investment, including double taxation agreements
Relatively low costs for establishing and maintaining the company
Tax system of Slovenia
If you want to create a company in Slovenia, the results of its activity are subject to the following taxes:
Corporate Income Tax (CIT) rate – 19%
Personal income tax rate – 50%
VAT – 22%
Withholding tax rates (for non-residents) – (i) dividends – 15%, (ii) interest – 15%, (ii) royalty – 15%
Tax rates on capital gains – (i) corporate – equal to the basic CIT rate, (ii) individual – 27.5%.
If you are thinking of setting up a company in Slovenia, the lawyers at Smart Startup UK can advise you more precisely whether it can really be profitable for your business. We can help you form the exact business structure you need, prepare all the necessary documents and open a bank account for your future business. Our services also include additional support for the registered company. Contact us to discuss this and other alternative options for your business in more detail.
CREATE A COMPANY
Verification and retention of a company name in the National Court Register
Company registration, including state fees
Certificate of Incorporation
Articles of Association
Opening a corporate account at N Banka d.d., BNY Mellon
Company stamp
VAT number
Free consultation
Help with online trading and opening an account at viva.com for online trading
Accounting services - 12 months
Annual renewal (payable from the second year)
*Within 30 days
IMPORTANT! We can provide you with the initial share capital (if the amount is over EUR 5,000) for the registration of your company in the form of a loan from our company.
Please, if you are interested, make an inquiry to us.
What is the procedure!
1. You submit a request for company registration using the request form.
2. We check if the registration company name is free and eligible for registration.
3. Choose a bank that suits your company's needs from a list of Smart Startup UK partner banks provided.
4. We send you a proforma payment invoice to pay to our bank account + the initial capital amount of your company.
5. You receive all necessary company documents for verification.
6. You receive details of your newly opened bank account.
7. In the specified period (for Slovenia it is 30 days), you receive all the services included in the package.
8. You can manage through our platform all the services included in the package, as our team works 24/7 and you can get help from us within up to 30 minutes. We have built an internal ticketing system for our customers through which we process your every support request.
All services like management, accounting, request to open bank accounts, licensing, filing tax returns, paying taxes and more are done through your account on our platform, it makes it easy managing your business!
