Slovenia company registration

Slovenia company registration

DOING BUSINESS IN SLOVENIA

Since 2003, Healy Consultants has assisted our Clients with business registration in Slovenia. Our services include i) Slovenia company incorporation ii) government license registration iii) business bank account opening iv) employee recruitment v) visa strategies and vi) 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. A Slovenian LLC can be registered easily with 1 director and shareholder without the need for our Client to travel to the country. For this reason, the World Bank ranks Slovenia as the 18th best jurisdiction in the world to do business;
    2. Slovenia is home to a highly educated workforce and high quality infrastructure, especially in the electronics and manufacturing industries, a great advantage for investors interested in Slovenia business registration. Both industries were growing rapidly prior to the economic downturn and both show signs of returning to this rapid level of growth in the aftermath of the recession;
    3. Foreign entrepreneurs in Slovenia can open their corporate bank accounts, denominated in any major international currency. Furthermore, there are no foreign exchange controls which makes it easier to repatriate currency from Slovenia;
    4. Compared to countries of the western world, Slovenia is very cheap, including food, transport, utilities, rent, wages, etc. Specifically, office rental tends to cost a fraction of what it does in most western cities;
    5. As a member of both the European Union and the World Trade Organization, a Slovenian registered company allows for unbridled access to the EU. Slovenia is at the crossroads of many important trade routes, with most East to West and North to South trade paths going through Slovenia;
    6. The Slovenian economy is relatively unsaturated with 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;
    7. Slovenia is positively ranked as the 29th easiest jurisdiction for doing business, in a 2015 study published by the World Bank. Slovenia was particularly applauded on its efforts to protect minority investors.

    Disadvantages of Slovenia company registration

    1. Slovenia has a corporate tax rate of 17%, though this is decreased from 25% in 2006. Also, there is also a special rate of 0% that may be applied to certain venture capital companies;
    2. 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 2014 at a relatively low rate of 2.6%;
    3. 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;
    4. Slovenia lacks investment and financial freedom, being ranked 88th in the 2015 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.

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: