Company registration in Slovenia
For those foreign investors that are looking to break into European markets, this country offers a viable opportunity. The country offers a strategic position in the heart of Europe, along with excellent transport and ITC infrastructure, making it the perfect country to tap into.
Strategically bordering Italy and Croatia, Slovenia is the link between the Adriatic Sea and mainland EU.
The Slovenian land contains abundant reserves of mercury, zinc, silver, lead, and hydropower. Adding the country’s state-of-art transportation and freight system into the mix tells us just how easy and profitable exporting these natural riches could be.
Moreover, the land has abundant availability of skilled labor, quality infrastructure to handle cargo traffic, and a competitive ICT industry that’s ripe to attract foreign investment.
Additionally, the spur of productivity growth brought about by the country’s natural and manmade advantages will further integrate this country into the global markets.
Forms Of Companies In Slovenia
- D.O.O. “Družba z omejeno odgovornostjo” — private limited liability company
- D.D. – “Delniška družba” —public limited company
- D.N.O. – “Družba z neomejeno odgovornostjo” —unlimited company
- K.D. – “Komanditna družba” —limited partnership
- “Samostojni podjetnik” —sole proprietorship
Doing business in Slovenia
Contact our Slovenian office – we speak English, Slovenian, French, Russian, Croatian languages.
Address: Malovaska ulica 31, 1351 Brezovica pri Ljubljani, Slo.
If you are starting a business in Slovenia, no matter are you only looking for setting up a company in Slovenia or you are looking for business representation in Slovenia, help with investing in Slovenia, CompyCo has a wide network of professionals and people in business to connect you with and make sure you will achieve what you came for.
No matter what business you are in, contact us today and find out how we can help. Doing business in Slovenia with CompyCo assistance will be like walking in a park for you!
What is the difference between D.O.O. and D.D. companies in Slovenia?
In Slovenia, the most common types of companies started by foreign investors are D.O.O. and D.D.
For the D.O.O., the amount of their subscribed shares is the limit of each member’s liability. The minimum share investment is 7500 EUR.
The D.D. has at least 1 shareholder, and the minimum share deposit is 25 000 EUR in cash or real estate.
Fundamentals Of A Limited Liability Company
Corporate Tax in Slovenia
VAT in Slovenia
Fundamentals of limited liability company in Slovenia
|Limited liability company||d.o.o.|
|Minimum Share capital||7500 EUR|
|Registered office required||Yes|
|Physical office required||No|
|Min. number of Shareholders||1|
|Min. number of Directors||1|
|Local Director required||No|
|Other requirements||All partners need to obtain a tax number|
|Bank signatory must travel||Yes, all shareholders and directors must travel|
|Timescale for company formation||4 weeks|
|Timescale for bank account opening||7 day|
|Timescale for obtaining VAT number||14 days|
|Statutory audit requirements||No|
|Shelf companies available||No|
Setting up a company in Slovenia
Establishing a business outside your jurisdiction can be intimidating. However, we work hard to make the process as simple and easier as it can be.
These are the steps for company registration in Slovenia:
- Non-residents of Slovenia must obtain a tax number and certificate of good conduct in Slovenia before setting up a business in Slovenia. This includes all natural people’s shareholders and representatives of the company. Additionally, a copy of the passport, proof of address, and a tax certificate from the country where they are residents will also be required.
- Once the Slovenian tax numbers have been obtained, we will reserve the name of the company.
- In case you need a high street bank account in Slovenia, your visit will be mandatory prior to setting up a company in Slovenia. However, if you wish to register your company remotely, we can open an account with an online bank where you will be identified remotely even if you are a non-EU resident and you will be able to pay the share capital after what we will obtain confirmation about the paid-up share capital what we need to submit to The Register along with the rest of the documents to register your company.
The following information has to be submitted to the Registry of Companies prior to company registration in Slovenia:
- A verified company name (unique according to the AJPES business register)
- Information about the company’s representatives
- Your legal address in Slovenia
- Information about trading activities.
- the confirmation about paid-up share capital.
Investing in Slovenia
If you are looking for business opportunities in Slovenia you are at the right place. CompyCo has corporate and business network in ground to serve your business needs by connecting you with the right companies and the right people.
CompyCo is committed to providing cost-effective, custom solutions that are tailor-made to all your business’s needs. We have helped several business owners set up in Slovenia over the past few years and we offer you the chance to benefit from our network of business experts too.
Our business network in Slovenia as well as a network of professionals in the banking, taxation, incorporation, and HR sectors can help you make the best decisions and/or choices for your business so you can enjoy the maximum benefits in this country even prior to setting up a company in Slovenia.
From assisting you in setting up a limited company in Slovenia to obtaining licensing and hiring employees or finding the best business opportunities in Slovenia, we offer full-service solutions to ensure that you have all the time, freedom, and expert advice to focus on your business’s operations while we handle the logistics.
Setting up a limited company in Slovenia is just a start. With CompyCo you’ll get the easiest and most simple process for starting a business in Slovenia, but also you will benefit of a long term and in-deep advising in doing business in Slovenia. We are here to connect you with the right people and businesses.
Bank Account Opening
Prior to company registration in Slovenia, you will have to pay up the share capital and obtain confirmation from the Bank. In case you don’t want to travel related to setting up a company in Slovenia, we will open an EU online bank account and obtain this confirmation remotely. Since the Slovenian register does not insist on confirmation from local banks, and CompyCo has sources in the EU where this kind of confirmation can be obtained, CompyCo can finish all the processes remotely. You will have to sign PoA before starting a business registration in Slovenia. Only in case, you insist on having a high street bank account, you will need to visit the country prior to company registration in Slovenia. The reason is that all high street banks must identify the persons in the company physically. They don’t accept remote online identification as online banks do.
Every bank has its own set of requirements that may vary depending on the type of business activity you’ll engage in your country of residence. However, certain requirements are usually common among all banks. Foreigners will need to provide the following set of documents for a bank account:
- An identity card or a valid passport
- A tax identification number issued by the Slovenian authorities
- The tax identification number in the country in which the foreign applicant is a resident
Investors can also set up a temporary bank account in Slovenia, but you’ll have to consult our experts in the country to find out more about that before you go ahead.
Need more information about opening a bank account? Find out more here
Accounting & Taxation
After setting up a company in Slovenia, you will have to organize accountancy services. In case you don’t have your own accountant, CompyCo shall provide these services to your Slovenian company. Here are a few accounting and taxation obligations to take into consideration before setting up a business in Slovenia:
- In Slovenia, the tax year corresponds to the calendar year.
- Financial statements that include a profit and loss account, and an annex and a balance sheet must be submitted to the Company register every year.
- All Slovenian companies must maintain books of total payments received and expenses incurred, details of debit and credit, and total sales and purchases.
- There’s a flat income tax rate of 19% on all net income for tax residents in Slovenia.
- The standard VAT rate in Slovenia is 22%.
- The reduced rate of 9.5% applies to some types of goods, while certain goods are exempt from VAT.
- All invoices issued by Slovenian traders must contain specific VAT information, including the VAT number of the supplier, the VAT rate applied, and the amount of money collected as VAT.
- Companies are issued VAT numbers with the format of the country code SI, followed by a 9-digit number ending with a letter.
How can you employ staff in Slovenia?
Setting up a company in Slovenia as a foreign is taking much time and with that money if you are left on your own, especially if you don’t speak the local language that most of your workers will speak. Additionally, employment regulations and laws vary from country to country. As such, hiring the right people to do the job can be challenging.
To ensure that your business doesn’t come to a halt, CompyCo will take care of all your employee registrations. Our professionals in Slovenia are equipped to handle the recruitment needs of your business expertly.
From helping you with setting up a company in to employ Slovenian employees to offering a range of other HR services, we help you take care of several aspects of employment so you can focus solely on your business.
We offer unique and tailor-made employment solutions for your business that include writing employment agreements, directly employing professionals, and recruiting new talent. We also provide payroll services and ensure that your business doesn’t violate any local regulations.
Have any questions? Take a look at our HR services page for more information about our International HR services!