Fees and timelines in 2022

pay engagement cost by instalmentIncorporation costs in Year 1 amount to €2,930 and annual company costs in Year 2 and thereafter amount to €940. The average total fee per Slovakia engagement amounts to €10,820, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.

Different Slovakia entity types Cost Draft invoice
Tax resident LLC €10,820 View invoice PDF
JSC €9,200 View invoice PDF
Branch of a foreign company €9,100 View invoice PDF
Representative office €9,500 View invoice PDF

Timelines

The average Slovakia company registration period is 11 weeks as outlined below:

Service LLC Branch Rep Office JSC
Engagement planning 1 week 2 weeks 2 weeks 1 week
Company incorporation period 2 weeks 6 weeks 6 weeks 3 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks
Incorporation completion 1 week 1 week 1 week 1 week
Total engagement period 11 weeks 16 weeks 16 weeks 12 weeks

slovakia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Slovakia, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Client Engagements Manager
  • Contact me!
Slovak Chamber of Commerce and Industry Government of the Slovak Republic MInistry of Finance of the Slovak Republic Ministry of Foreign and European Affairs of the Slovak Republic Slovak Investment and Trade Development Agency Narodna Banka Slovenska