Business entities in Slovenia

Business entities in Slovenia

Healy Consultants will assist our Clients to incorporate the optimal corporate structure in Slovenia. There are several ways of doing business in Slovenia, the most common being the setting up of a limited liability company. Foreign entrepreneurs may also opt to set up a public company or a branch office.

The Slovenia limited liability company (Družba z omejeno odgovornostjo – doo)

Slovenia

  • The Slovenia limited liability company (LLC) requires only 1 director and 1 shareholder of any nationality for incorporation process to be complete. The minimum paid-up capital required is €7,500, a quarter of which must be paid-in before the company is incorporated;
  • For incorporation, certain documents will be required to be translated into Slovenian language. If required, Healy Consultants will assist our Clients with the translation process. Also, after the incorporation process has been completed, Healy Consultants will offer accounting & tax services to the Client as Slovenian LLCs Slovenia must submit annual financial statements.

The Slovenia public limited company (Delniška družba – dd)

  • To setup a Slovenia public company, our Clients are required to appoint at least one director and one shareholder, who both can be of any nationality and may be ordinarily resident outside of Slovenia. The minimum subscribed capital required to complete the incorporation process is €25,000;
  • All incorporation documents must be translated into Slovenian and legalized by the nearest Slovenian Consulate;
  • All listed companies will be required to submit annual audited financial statements to the government.

The Slovenia branch office (podružnica)

A foreign company may pursue business in Slovenia through the establishment of a branch office. The branch will operate in the name of the foreign company and must therefore use the registered name of its parent company. It must also i) have a registered office in Slovenia and ii) appoint an individual to act as a corporate agent on behalf of the company. However, kindly note that this corporate agent is not required to maintain permanent residence in Slovenia.

Table of comparison between Slovenian entities

SummaryLLCPLCBranch OfficeRepresentative office
Best use of company?Trading CompanyLarge Public Listed entityConsolidating income and expensesMarketing of products and services
Corporate bank account location?NLBKBSUnicreditSPARKASSE
Client must travel?NoNoNoNo
Corporate tax payable?17%17%17%0%
Limited liability entity?YesYesNoNo
Slovenia resident director/representative must be appointed?NoNoYesYes
VAT payable on sales to local customers22%22%22%n/a
Withholding tax on payments to parent company?15%15%15%n/a
Average engagement costs (in €)?13,82214,82215,22214,622
Total engagement period?11 weeks13 weeks15 weeks15 weeks
Company registration
Slovenia resident director required?NoNoNoNo
Slovenia resident manager/partner required?NoNoYesYes
Minimum number of shareholders?11NoNo
Minimum number of directors?11NoNo
Minimum paid up share capital?€7,500€25,500NoNo
Shelf companies available?NoNoNoNo
Time to incorporate a new entity? (weeks)2455
Public register of shareholders and directors?YesYesYesYes
Banking considerations
Multi-currency bank accounts available?YesYesYesYes
Corporate visa debit cards available?YesYesYesYes
Quality of e-banking platform?GreatModerateGreatGreat
Can secure trade finance?YesYesYesNo
Business considerations
Can invoice local customers?YesYesYesNo
Can hire local staff?YesYesYesYes
Can rent local office space?YesYesYesYes
Average monthly office rental € per sq m?€11€11€11€11
Minimum statutory salary?€790€790€790€790
Average monthly € salary for skilled labor?€1,040€1,040€1,040€1,040
Quarterly VAT reporting to the Government?YesYesYesYes
Double taxation treaty access?YesYesYesYes
€ deposit interest rate0.52%0.52%0.52%0.52%
Overseas remittance currency controls?NoNoNoNo
Banking considerations
Multi-currency bank accounts availableYesYesYesYes
Corporate visa debit cards available?YesYesYesYes
Can secure trade financeYesYesNoNo

External readings

Contact us

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