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Company Registration in Slovakia | FCHAIN – Business Setup & Legal Support

Company registration in Slovakia

Company formation in Slovakia attracts entrepreneurs with its stable EU economy and low taxes. As experts in business setup, we can help you navigate the nuances. Company registration here is simplified for foreigners, with minimal bureaucratic barriers. The process includes choosing a business form and complying with local regulations.

Company formation for foreigners and the specifics of the process

Foreign investors are actively using Slovakia’s opportunities for expansion. The process of company formation for foreigners is simplified and allows even non-residents to open companies. However, there are some nuances here. Therefore, the best solution would be to contact us. FCHAIN lawyers know all the ins and outs of foreign business registration and will help you with this issue.

Stages of incorporation of a company in Slovakia

The incorporation of a company begins with the preparation of the founding documents. Company incorporation in Slovakia takes from 4 to 14 days, depending on the workload of the state authorities and the correctness of the documentation. The step-by-step guide to company registration consists of several stages:

  1. Prepare the charter and the founding agreement.
  2. Deposit the minimum capital into the account.
  3. Obtain a trading license from the district court.
  4. Register the company with the tax service.
  5. Open a corporate bank account.

Our company’s specialists will advise you on how to register a company in compliance with all regulations. By contacting the best legal advisors for business registration, you can minimize the number of mistakes and risks.

Slovakian company types and structures

In Slovakia, the variety of business forms allows you to choose the best option for company formation. Slovakian company types and structures include LLC (s.r.o.), joint stock companies, and partnerships. The types of companies you can register depend on the scale. For example, an LLC is suitable for a small business with a capital of €5,000.

Expert analysis shows the advantages of each form. Company registration focuses on legal and tax requirements for business formation, taking into account EU standards. Business setup in Slovakia is advantageous due to the 21% corporate tax rate. Company formation for individual entrepreneurs is also possible.

Legal requirements for company formation

Legal requirements are strict but feasible. It is important to comply with legal requirements for company formation, otherwise problems may arise. You need to prepare: documents for founders and directors (passports, proof of address), three options for the company name, a detailed description of activities, a business plan, tax statements (for Slovak residents), as well as a legal address in Slovakia. It is important that one of the directors is a resident of Slovakia or has a residence permit. Compliance with all regulations, including VAT registration and tax compliance for new companies, is very important.

Key aspects of company formation to pay attention to:

  1. Minimum capital for an LLC is €5,000.
  2. Founders: 1 to 50 people.
  3. Address: registered office in Slovakia.
  4. Licenses: for regulated activities.
  5. Taxes: registration with Finančná správa.

Business registration process – a crucial moment. Here, it is necessary to take into account all the nuances. Company registration itself is a relatively inexpensive process. How much does it cost to register a company? From €500 for a sole proprietor and from €2,500 for a limited liability company. Company formation in the capital is simplified: you can register a business in Bratislava through the local authorities. Company registration is completed upon receipt of an extract from the register. Company registration provides access to the EU market.

Consultation

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