How to Start a Business in Slovenia - YB Case 2024
Registration period in days: 14
The best offer on the market – from 1800 EUR
Slovenia

Registering a company in Slovenia

telegram

For fast communication with a consultant

Scan me
You can register a company in Slovenia either by visiting our office in person or remotely through the internet.

Features of jurisdiction

Slovenia is a small European country located in Central Europe with a fast-growing export-oriented economy. Its territorial location makes it a favourable country for exports across the continent. With a relatively high GDP per capita in Central Europe, Slovenia has an excellent infrastructure and a well-educated labour force.

  • Business areas in demand

    Due to its territorial location and domestic policy, here are the most popular areas of Slovenian business activity: tourism, logistics, industry and agriculture.

  • Possibility of remote registration

    Remote company registration is allowed and possible in Slovenia.

  • Corporate taxes

    The basic corporate tax rate in Slovenia is 19%. Tax incentives are available.

  • Attitude towards foreign investors

    Slovenia is open to foreign investment, making it a sought-after country for foreign entrepreneurs to establish a business.

  • Banks

    Addiko Bank, Nova KBM.

  • Legal system

    Slovenia's legal system is based on the continental common law system, similar to other EU countries.

Company registration process in Slovenia

Company registration in Slovenia takes from 2 weeks and includes the following steps:
Initial consultation
Meeting with YB Case representatives in the office to clarify the details and requirements of the client. Starting the incorporation process of the company in Slovenia (initial consultation is possible in a remote format).
Name reservation
The name of the future company must be unique, in the national language, as well as contain the abbreviation of the company's legal form.
Submission of the application for company registration in Slovenia
The articles of association and memorandum of the company are prepared and notarised, the applicant signs all necessary documents, which are submitted to the local regulator (AJPES) for review.
Review of the application for company registration in Slovenia by the regulator
After receiving all the necessary documents, the regulator (AJPES) reviews the application and decides whether to incorporate the company in Slovenia.
Receipt of the certificate of incorporation
Following the authorisation of the company in Slovenia, the founders receive an incorporation certificate containing the company's registration number. After receiving the certificate, the company needs to register for tax purposes in Slovenia.

Primary prerequisites

  • The minimum paid-up capital depends on the GFC and field of activity
  • The number of founders depends on the GFC and area of activity
  • Registered local address
  • Minimum one director (EU resident)
  • Filing of financial statements once a year
  • Annual shareholders' meeting (possible remotely)
Registering a company in Slovenia

Registering a company in Slovenia

How to Start a Business in Slovenia

Sooner or later, any good entrepreneur is looking for ways to expand their business, and many choose Europe because of its prospects. However, not all EU countries make it easy for foreigners to set up a company, setting almost unrealistic rules. But this is not about Slovenia. The government even helps non-residents by reducing taxes and simplifying filing documents. The authorities are even working on additional treaties to encourage foreign investment, such as the absence of double taxation in several regions.

It is worth mentioning that it is possible to become a legal entity here in 14 days, and often even faster. You’ll be eligible to open a company in Slovenia just in two weeks with the possibility of a distance registry. Therefore, let's consider all the mandatory steps, general conditions, advantages and other details.

The diversity of business presence in Slovenia: choosing the perfect form for your successful business

The country offers a variety of options for entrepreneurs looking to start a business or expand their presence in the European market. Each form has its unique features, and the choice of the right type depends on the specifics of your business and your goals.

An individual entrepreneur

The main advantage of this type is the simplest registration. This form stipulates that the owner is the sole proprietor of the company and has no restrictions on liability for obligations. He is solely responsible for all debts and obligations of the company. No initial capital is required to establish a sole proprietorship, but the entrepreneur must have sufficient funds to support their activities.

A limited liability company (DOO)

This is perhaps the most common form of business in Slovenia, which minimises the risk of an individual owner since their liability is limited to the company's share capital. Participants (founders) pay a share of the share capital and in the event of bankruptcy or debt problems, their assets remain untouched. In this case, the share capital is at least €7,500 and must be paid in when the company is registered.

Public limited liability company

This is also a very popular choice among Slovenian businessmen. It allows the company to issue shares and raise money from investors. Owners and shareholders are not personally liable for the company's obligations, but their share capital may be lost in the event of bankruptcy. The share capital for a public limited liability company must be at least EUR 25,000, of which at least EUR 12,500 must be paid upon registration.

A general partnership (DNO)

Requires at least two local or foreign individuals or legal entities to form a partnership by signing a partnership agreement. The partners bear unlimited liability for the results of the partnership. Again, no capital is required, which gives more flexibility in start-up and organisation. It is a frequent choice of entrepreneurs who are looking for partners for joint activities and are ready to bear joint and several liabilities.

Here are a few more ways to establish a business presence. For your convenience, we suggest you familiarise yourself with them in the table below.

Branch registration

Set up an office to act as a branch of the parent company. A branch is not an independent legal entity but functions as an additional subdivision.

Subsidiary opening

A subsidiary is a structure dependent on the parent company. It can be established by both local and foreign legal entities wishing to enter the local market.

Representative office registration

A representative office is similar to a branch, with the difference that the subsidiary will act as an independent entity. It is not allowed to sign contracts on behalf of the company, but it can conduct market research to support the promotion of the foreign parent company.

The best way to determine what you need is to get advice from a business specialist. They will take into account your desires and capabilities, along with the start-up capital.

Benefits of opening a company in Slovenia

Slovenia, located in the heart of Europe, attracts foreign investors with its strategic geographical location and some other advantages. Let's take a look at why foreigners choose this country to invest in and set up their companies:

Attractive location:
Being at the crossroads of cultures and trade routes, Slovenia is easily accessible to the whole of Europe. Its location makes it easy to reach central markets as well as eastern and southern regions. This geographical strategy helps foreign companies expand more easily and attract new customers.
Stable economy:
Slovenia has a stable and developed economy, which is good for you if you are looking for reliability and stability in your business partners. The country has come a long way in developing its economy and has finally reached its goal, although it is not resting on its laurels.
Simple registration process:
Opening a company in Slovenia is a fairly straightforward process. The state authorities treat this issue with support and efficiency. A lot of resources and information are provided to foreigners to assist them, making it much less tedious and complicated.
Developed infrastructure:
Slovenia has a highly developed infrastructure, including well-developed transport networks, modern technologies and communication facilities. This makes the country an attractive place to set up a business, as companies can operate quickly and interact with their customers.
Favourable market:
Slovenia has significant potential for the development of various business sectors, including technology, tourism, logistics, agriculture and many others. Foreign companies can find a large number of opportunities for their growth and development.
Skilled labour force:
The region has a highly educated and skilled labour force, which provides access to highly qualified personnel. This contributes to the efficiency and competitiveness of businesses.
Government support:
The Slovenian government actively supports foreign investment and offers various incentives and subsidies for companies looking to expand their presence in the country. This includes financial assistance, reduced tax rates and other initiatives.
Attractiveness for tourists:
This aspect also plays an important role, directly affecting profits. Growing tourism in a country opens up new markets and opportunities for the hospitality, entertainment, and services industries.

But before you can enjoy all the benefits, you need to meet the conditions. Businessmen get the right to hire foreigners only afterwards:

  • An investment of EUR 50,000;
  • Hiring an EU resident with a work contract for at least six months;
  • Reaching a turnover of EUR 10,000 for six months in a row.

Step-by-step instructions

If you plan to set up a company in Slovenia, you need to take some important steps to register as a non-resident. Let's take a look at the main ones:

  1. Identify business priorities and draw up a business plan: This is important to calculate all the risks involved and to understand what you want to achieve.
  2. Obtain an identification number for non-resident founders: Register for and obtain a tax identification number for all non-residents who will be members of your company.
  3. Select and approve the company name: Make sure it is unique and take care of the official registration.
  4. Gather information about the members and management: You need detailed information about the people who will be in management positions.
  5. Confirm the address of the registered office: Make sure you have a real address for your future company in Slovenia.
  6. Contribute to the share capital: Provide financial support for the company by contributing at least 25% of the share capital.
  7. Draft and execute the statutory documents: Some of them require notarization.
  8. Submit documents for state registration: Contact the local regulatory authority and submit the entire package of documents.
  9. Resolve financial issues: You need to register for taxation and open a bank account.
  10. Obtain the necessary licences and permits: Be careful when registering, as well as issuing certificates. Only correctly completed documents are considered valid.
Remember that registering a company in Slovenia requires vigilance and careful compliance with all rules and procedures. It is recommended to contact specialists in business regulation in Slovenia for proper advice and support during this process.

What documents do you need?

The package of documents is fairly standard, so you don't have to spend much time. The main papers include:

  • Articles of Association or partnership agreement;
  • A bank statement on the deposit of capital;
  • Original and copies of the founders' passports and CVs;
  • Tax number issued by the Slovenian regulatory authority;
  • A document with the address of the future company.

Taxes for foreign entrepreneurs

Let us consider the tax system for non-residents, here are its main aspects:

  1. Corporate tax: The general corporate tax rate in Slovenia is 19%. This is one of the lowest rates in Europe, which makes the country an attractive place for investment and business.
  2. Dividend tax: A 15% tax is paid on dividend income paid to non-resident companies. This rate may be reduced if there are tax treaties between Slovenia and the country where the parent company is registered.
  3. Real estate income tax: A 15% tax is paid on real estate income registered to foreign companies.
  4. VAT: The usual VAT rate in Slovenia is 22%. There are also reduced VAT rates for certain goods and services.
  5. Social subsidy: Employers are obliged to pay social security contributions on the employees’ salaries, which is approximately 16% of the salary.
It is worth noting that Slovenia has some tax treaties with other countries, which may reduce the tax burden for non-residents and encourage international investment. When planning a business in Slovenia, it is recommended to consult tax law experts to optimise the fiscal regime and comply with all tax rules and regulations.

Bottom line

Considering the possibility of opening a company in Slovenia, foreigners receive many advantages that make this country attractive for business. The strategic location, developed infrastructure, loyal tax system and simple registration process make it easy to enter the local and European markets.

One of the strongest arguments in favour of Slovenia is the good business climate and support from the government. Proactive investment policy and the creation of favourable conditions for business development ensure the success of foreign firms in the local market.

In general, opening a company here is a profitable and promising choice for foreign entrepreneurs. The combination of a flexible business system, loyal legislation and a promising market allows you to implement ambitious business plans and ensure the stable development of your company in the heart of Europe – Slovenia.

FAQ

What makes Slovenia attractive to foreign entrepreneurs?

The country has a favourable business climate, developed infrastructure and a low corporate tax rate (19%), which makes it an attractive place for business.

What are the main forms of business presence available?

Foreigners can choose a form of business presence, such as a sole proprietorship, limited liability company, public limited company and others, depending on their needs and business model.

What is the corporate tax rate in Slovenia and are there any exemptions or benefits for foreign companies?

The general corporate tax rate in Slovenia is 19%. Dividends paid by foreign companies are subject to a 15% tax rate. Reduced rates are also possible if tax treaties with other countries are in place.

What documents are required to register a company in Slovenia?

The main documents included in the registration package are a bank receipt for the minimum share capital and the Articles of Association or a partnership agreement prepared following a special format.
Contact form
The field must be filled
Please enter a valid e-mail
Please enter a valid phone number