Slovenia company registration

Slovenia company registration

DOING BUSINESS IN SLOVENIA

Since 2003, Healy Consultants has assisted our Clients with Slovenian company registration. Our services include i) Slovenia company incorporation ii) government license registration iii) corporate bank account opening services in Slovenia and abroad iv) Slovenia tax and VAT registration; v) employee recruitment vi) visa strategies and vii) office rental solutions.

Press the link headings below to read detailed, relevant, up to date information.

  • Advantages and disadvantages

    Advantages of Slovenia company registration

      Slovenia business registration - pros and cons
    1. Setting up a company in Slovenia is easy because:
      • A Limited liability company in Slovenia can be registered easily with 1 director and 1 shareholder of any nationality;
      • Foreign investors do not need to travel to the country to register a new business;
      • The World Bank ranks Slovenia as the 30th best jurisdiction in the world to do business;
      • The Slovenian Business Register requires a relatively low minimal capital for registration at €7,500;
      • Slovenia has a corporate tax rate of 17%, though this is decreased from 25% in 2006. Also, there is a special rate of 0% that may be applied to certain venture capital companies;
      • The country is positively ranked by WEF as 35th in the World in terms of technological readiness;
      • There are no foreign currency exchange controls applicable in Slovenia, making international trade for manufacturing companies easy.
    2. Slovenia is preferred destination for Russian investors because
      • The country is against further business sections against Russian business, as the Government considers them unfruitful. The country is also interested to mediate communication between Russia and US;
      • Bilateral trade between Russia and Slovenia amount to 1.5 billion euro, with projections to double this amount by 2020;
      • Russian investors find the Slovenia corporate banking solutions in Russian easy to operate;
      • The country was particularly applauded on its efforts to protect minority investors such as Russian businessmen doing business in Slovenia;
      • Compared to countries of the western world, Slovenia is very cheap, including food, transport, utilities, rent, wages which is great news for Russian investors looking to expand in Central Europe.

    Disadvantages of Slovenia company registration

    1. The Slovenian economy was hit hard by the global economic downturn in 2008 and Euro debt crisis of 2013 which caused negative growth rates for both 2012 and 2013. However, the country did experience positive economic growth in 2015 at a relatively low rate of 2.3%;
    2. Though many Slovenes speak English, it is almost exclusively as a second language. The majority speaks Slovene as their mother tongue, and most official business documents will need to be translated in to Slovene during incorporation;
    3. Slovenia lacks investment and financial freedom, being ranked 90th in the 2016 Index of Economic Freedom by Heritage Foundation. The underdeveloped and largely public financial sector causes much of the economic restriction. Economic freedom is further hampered by incredibly rigid labour regulations.
  • Best uses for a Slovenia company

    1. Slovenia is a great destination for manufacturing business because:
      • The country is home to a highly-educated workforce and high quality infrastructure, especially in the electronics and manufacturing industries. The country is ranked 22nd in the World in terms of higher education rankings of the WEF for 2016;
      • The Slovenian economy is relatively unsaturated with manufacturing foreign direct investment. The low amount of current FDI means that any new investor stands the chance to create a more lucrative business opportunity for themselves;
      • As a member of both the European Union and the World Trade Organization, a Slovenian registered company allows for unbridled access to the EU on the crossroads of many important trade routes, with most East to West and North to South trade paths going through Slovenia;

Company registration

  • Time to incorporate: Two weeks
  • Cost to set up: €13,822
  • Minimum capital: €7,500
  • Physical office required: Yes

Required appointments

  • Shareholders: 1
  • Directors: 1
  • Company secretary: No
  • Resident director: No

Key facts

  • Corporate tax rate: 17%
  • Corporate tax base: Worldwide
  • Shelf companies: No
  • Main company type: DOO Limited

Contact us

For additional information on our company registration services in Slovenia, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Karen Lee, directly: