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Founding a company in Slovakia

Benefits of establishing a Limited Liability Company (s.r.o.) in Slovakia

A very popular form of business organization in Slovakia due to ensurance of limited liability in exchange for a relatively small investment into the registered capital.
  • There is a relatively simple tax and reporting system in Slovakia
  • 19% personal income tax
  • 21% corporate income tax
  • 20% VAT
  • 7% tax on dividends
  • In some cases, capital losses can be deducted or carried forward
  • Bi-lateral Agreements on Double Taxation Avoidance
  • Slovakia is an EU member state and uses Euro currency
  • Low starting capital which does not need to be deposited
  • Cost-effective setup and maintenance of the company
  • Strategic geographical location - The central location makes Slovakia an ideal country for imports and exports across the continent
  • Non-citizens can legally establish a business within Slovakia
  • Easy visa and residency options for all nationalities
  • Increasing labor productivity: 77% of Slovakia's citizens possessing an upper-secondary degree in a wide array of specialties
  • Fuel is a tax-deductible expense
  • Business Vehicle Depreciation Deduction is 0,18 € / km.
  • In 2017 the minimum wage is 435€ in Slovakia, minimum 2,50€ hourly
What benefits does having a VAT number?
  • Many suppliers and organizations are unwilling to do business with companies that aren’t VAT registered.
  • Your limited Slovak company can charge VAT on the goods and services it sells.
  • Your Slovak company with VAT number can reclaim VAT paid on goods and services bought from other businesses.
  • VAT registration can make your company appear larger and more established.
What is the benefit of a ready-made Slovak company?
  • First and foremost, you save time and don't need to wait 3-4 weeks to establish your new business.
  • Your ready-made Slovak company will have a Tax certificate.
  • Your ready-made Slovak company will not have any tax obligation.
  • You can start doing business immediately!
Types of Slovakian Companies
  • Slovakian Limited Liability Company (LLC) - S.R.O. (spoločnosť s ručením obmedzeným)
  • Slovakian Limited Partnership – K.S (komanditná spoločnosť)
  • Slovakian General Partnership – V.O.S. (verejná obchodná spoločnosť)
  • Slovakian Sole Proprietorship – (živnostník)
  • Joint Stock Company (JSC) – A.S. (akciová spoločnosť)

We offer free consultancy and a reliable all-inclusive service.

Process of Limited Liability Company formation in Slovakia

Initial requirements

  • Scanned ID card, or passport of the founder(s) and the executive(s) - can be the same person.
  • Clean criminal record certificate of the executive(s) not older than 3 months.
  • If the founder is a legal entity: Certificate from the Commercial Register not older than 3 months.
  • Name of the new company - must be a unique name, needs to be verified on www.orsr.sk
  • Registered address of the new company – lease agreement and certificate of ownership (title deed).
  • List of planned activities based on which we will be issuing the Trade license
  • Minimal capital of 5000€ - it is enough to provide an official statement, does not need to be deposited
  • The founder and executive doesn't have to be Slovak citizen(s).
  • If there is only a single founder an official statement is required stating the founder is not owning more than 3 other single owned Slovak companies

Establishing your Slovak company

  • Initial consultation - we will analyze your needs and requirements - can be done in person, through phone or email.
  • Collecting the required documents and information, preparation of complete documentation for setting up your Slovak company including the company's Articles of Association.
  • If you require a virtual registered office, we will prepare the Lease Agreement.
  • Verification of signature(s) at a Notary Public (2x).
  • Verification of the official statement about the shareholder´s contribution (3x).
  • Applying for trade licenses at Trade Licensing Office, application to the Commercial Register and to the Tax Office.
  • Setting up a bank account for your company in Slovakia
  • Once the company has been incorporated, we will send you an original extract from the Commercial Register and the complete documentation.
  • The complete process typically takes up to 20 business days.

Our Services

We provide full range of accounting, payroll and tax advisory services including comprehensive all-inclusive service for natural and legal persons starting a business in Slovakia.

Setting up a company in Slovakia

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