Slovenia company registration

DOING BUSINESS IN SLOVENIA IN 2022

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Since 2003, Healy Consultants Group PLC 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.

Compare different Slovenia entities Tax-resident LLC Bitcoin company Free zone LLC Limited liability partnership Representative office
Also known as DOO Bitcoin podjetje Družba svobodne cone k.d. Podružnica
Best use of company? Trading & holding All products and services Manufacturing and export Professional services Marketing & research
How soon can you invoice Clients/sign sales contracts? 2 weeks 2 weeks 5 weeks 3 weeks 3 weeks
How soon can you hire staff? 2 weeks 2 weeks 5 weeks 3 weeks 3 weeks
How soon can you sign a lease agreement? 1 week 1 week 1 week 1 week 1 week
How long to supply corporate bank account numbers? 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks
How long to supply company registration / tax numbers? 2 weeks 2 weeks 5 weeks 3 weeks 3 weeks
Corporate tax rate on annual net profits? 19% 19% 10% None None
Limited liability entity? Yes Yes Yes Yes No
Government grants available? Yes Yes Yes Yes No
Government approval required for foreign owners? No No No No No
Resident representative required? No No Yes No Yes
Minimum paid up share capital? € 7,500 € 7,500 None None None
Can bid for Government contracts? Yes Yes Yes Yes Yes
Corporate bank account location? SKB SID Banka Intesa Sanpaolo KBS Banka Banka Koper
Can secure trade finance? Yes Yes Yes Yes No
VAT payable on sales to local customers? 22% None None 22% 22%
Average total business set up engagement costs? € 15,822 € 12,750 Request a proposal Request a proposal € 16,622
Average total engagement period? 2 months 2 months 3 months 2 months 2 months

Slovenia business setup summary

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 37th 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 36th 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.
    3. Slovenia has a globally competitive economy with strong socio-economic indicators that provide excellent incentives for businesses:
      • Slovenia has been ranked 36th out of 137 countries in the 2019 Global Competitiveness Index by the World Economic Forum;
      • This is majorly due to Slovenia’s world-class health services and primary education levels that enables foreign entrepreneurs hire quality workers for their firms;
      • Slovenia is also known for its technological readiness as well as innovation and business sophistication.
    Disadvantages of Slovenia company registration
    1. A Slovenian company has access to a very small local market, because:
      • Slovenia’s population is small compared to other Central and Western European countries, at just over 2 million people;
      • The country’s GDP is only estimated at US$54.24 billion in 2018;
      • The market size index of Slovenia is ranked low as 82nd according to WEF;
      • Being a small market, the country is easily affected by global economic downturns, such as in 2008 and later in 2013 causing negative growth rates.
    2. Slovenia is not a competitive Central European country because;
    3. It is not easy to get credit for Slovenia incorporated businesses. The World Bank has ranked Slovenia 119th in the world for ease of getting credit. This is a major disincentive largely for new or small-scale companies.
  • 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 26th in the World in terms of skills the WEF for 2019;
      • 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;

Contact us

For additional information on our company registration services in Slovenia, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Client Engagements Manager
  • Contact me!