Slovakia Company Formation
Slovakia Company Formation: A Strategic Entry into the European Market Main Characteristics and the basic rules of a Company registration in Slovakia
BRIS Group provides professional Slovakia company formation services for entrepreneurs and international investors seeking a strong foothold in Central Europe. Establishing a Slovak Limited Liability Company (s.r.o.) offers limited liability protection, access to EU markets, and a favorable business environment for international operations. Our experts handle the full Slovakia company registration process remotely, including corporate banking support, compliance, and ongoing administration, ensuring your company in Slovakia is fully compliant and ready for European and global business.
Start your Slovakia company with BRIS Group today — trusted experts in global incorporation.
Establish Your Business in a Stable and EU-Compliant Jurisdiction
Slovakia, a dynamic member of the European Union, has rapidly gained recognition as an attractive destination for entrepreneurs and investors seeking to establish a presence in Central Europe. While not an “offshore” jurisdiction in the traditional sense, Slovakia company formation offers a unique balance of low corporate tax rates, EU credibility, and a stable business environment — making it ideal for international expansion.
This guide provides a comprehensive overview of how to register a company in Slovakia, outlining the process, requirements, advantages, and professional support available to non-residents.
Why Choose Slovakia for Company Formation?
Slovakia’s business landscape is defined by economic stability, favorable taxation, and excellent connectivity to both Western and Eastern European markets. The country’s EU membership ensures compliance, transparency, and access to the European single market — a significant advantage for global investors.
Key Advantages:
- EU Membership: Full access to the European single market and funding programs.
- Competitive Corporate Tax Rate: One of the lowest in the EU (currently 21%).
- Strategic Location: Central European hub bordering Austria, Hungary, the Czech Republic, and Poland.
- Stable Political and Economic Climate: Predictable, investor-friendly environment.
- Highly Skilled Workforce: Educated, multilingual, and competitively priced labor pool.
- Cost Efficiency: Lower business operation costs compared to Western Europe.
- Double Taxation Treaties: Broad treaty network to prevent double taxation on foreign income.
Is Slovakia a Prestige Offshore Jurisdiction?
While Slovakia is not a traditional offshore jurisdiction (like the British Virgin Islands or the Cayman Islands), it offers the prestige and credibility of an EU-based, tax-efficient business environment. Companies registered in Slovakia enjoy access to the European market, adherence to international compliance standards, and recognition as a legitimate and respected business entity within the EU.
Thus, while not “offshore” in the classic sense, Slovakia provides many of the strategic and fiscal benefits international investors seek — but within a transparent, reputable framework.
Types of Companies in Slovakia for Non-Residents
Foreign entrepreneurs have several company structures to choose from when registering a business in Slovakia. The most popular options include:
|
Company Type |
Slovak Term |
Description |
Minimum Capital |
Ideal For |
|
Limited Liability Company (LLC) |
Spoločnosť s ručením obmedzeným (S.r.o.) |
Most common form of company for non-residents. Offers limited liability, flexible management, and a straightforward setup process. |
€5,000 |
Small to medium-sized businesses |
|
Joint-Stock Company |
Akciová spoločnosť (A.s.) |
More complex structure, ideal for larger businesses or those planning to issue shares. |
€25,000 |
Large corporations and investment firms |
|
Branch Office |
Organizačná zložka podniku zahraničnej osoby |
An extension of a foreign parent company operating in Slovakia. |
N/A |
Foreign companies expanding into the EU |
|
Representative Office |
Zastúpenie zahraničnej osoby |
For marketing and liaison purposes; cannot engage in direct trade. |
N/A |
Market research and brand representation |
Requirements for Company Registration in Slovakia
To establish a company in Slovakia, non-resident founders must prepare and submit specific documentation to comply with national and EU regulations.
General Requirements:
- Unique Company Name: Must be verified and approved by the Slovak Business Register.
- Registered Office Address: A physical address in Slovakia for official correspondence.
- Shareholders: At least one shareholder (individual or corporate entity, any nationality).
- Directors: At least one director; no requirement for local residency.
- Articles of Association: Defines company purpose, structure, and internal governance.
- Minimum Share Capital: €5,000 for an S.r.o., fully subscribed before registration.
- Trade License (Živnostenské oprávnenie): Required for most business activities.
- Tax Identification Number (DIČ): Issued for corporate taxation purposes.
- Bank Account: A temporary or permanent corporate bank account for capital deposit.
- Power of Attorney (if applicable): Required if a representative completes registration on behalf of the owner.
Step-by-Step Procedure for Slovakia Company Formation
Step 1 – Choose a Company Name
Confirm name availability with the Business Register (Obchodný register) to ensure compliance.
Step 2 – Prepare Incorporation Documents
Draft the Articles of Association, shareholder agreements, and notarized signatures.
Step 3 – Open a Temporary Bank Account
Deposit the required share capital (minimum €5,000 for an S.r.o.).
Step 4 – Apply for a Trade License (Živnostenské oprávnenie)
Secure a trade license corresponding to your intended business activities.
Step 5 – Register the Company
Submit all documentation to the Business Register, including proof of capital deposit, director identification, and Articles of Association.
Step 6 – Obtain a Tax Identification Number (DIČ)
Register with the Slovak Tax Authority for corporate taxation. If applicable, apply for VAT registration.
Step 7 – Open a Permanent Bank Account
Once registration is approved, establish a permanent operational bank account in Slovakia.
Timeframe for Slovakia Company Formation
The company registration timeframe in Slovakia depends on document preparation, verification, and administrative efficiency.
|
Stage |
Process Description |
Typical Duration |
|
Preparation of Documents |
Drafting, notarization, and capital deposit |
3–5 business days |
|
Business Register Submission |
Registration with the Commercial Court |
5–10 business days |
|
Trade License Issuance |
Processing of relevant trade activities |
2–5 business days |
|
Tax and VAT Registration |
Tax authority verification and issuance |
5–10 business days |
Average Completion Time: 2–4 weeks, depending on company structure and licensing requirements.
Advantages and Challenges for Non-Residents
|
Advantages |
Considerations |
|
100% foreign ownership permitted |
Slovak language required for official filings |
|
EU market access and credibility |
Notarization and translation of foreign documents may be needed |
|
Low corporate tax and low setup costs |
Some bureaucratic procedures can extend processing time |
|
Skilled and cost-effective workforce |
VAT registration may require additional scrutiny |
|
Double taxation treaty benefits |
Annual compliance and reporting obligations apply |
Post-Incorporation and Compliance Obligation
Once incorporated, Slovak companies must comply with ongoing regulatory and tax obligations, including:
- Annual financial statements and tax filings
- Corporate income tax (CIT) compliance
- VAT reporting and remittance (if registered)
- Maintenance of accounting records
- Registered office address upkeep
- Reporting of director or shareholder changes
Engaging local accountants and compliance experts ensures ongoing adherence to Slovak and EU regulations.
Professional Assistance for Slovakia Company Formation
Our team of experienced legal and corporate professionals specializes in assisting non-residents with Slovakia company registration and ongoing business compliance. We streamline the entire process, from incorporation to tax registration and operational setup.
Our Services Include:
- Company name search and reservation
- Preparation and notarization of incorporation documents
- Registered office address in Slovakia
- Corporate bank account opening assistance
- Business Register and trade license registration
- Corporate tax and VAT registration
- Accounting, payroll, and compliance management
- Legal and tax advisory tailored to your structure
- Translation and document legalization services
Start Your Slovakia Company Formation Today
Slovakia offers the perfect combination of EU compliance, fiscal efficiency, and strategic location for international entrepreneurs. Whether you seek to expand into the European market, optimize your corporate structure, or establish a tax-efficient base, Slovakia provides a credible and cost-effective solution.
Contact us today to learn how we can guide you through the process of Slovakia company formation and help you establish a successful and compliant business presence in Europe.
Questions & Answers
1. What is the corporate tax rate in Slovakia?
The corporate tax rate in Slovakia ranges from 15% to 21%. The lower rate applies to companies with taxable income under a certain threshold, while the higher rate is applicable to those exceeding it.
2. How is income tax structured in Slovakia?
Income tax rates in Slovakia are progressive, with rates set at 19% for income up to a specified limit and 25% for income exceeding that limit. This structure aims to ensure fairness in tax contributions.
3. What is the standard VAT rate in Slovakia?
The standard Value Added Tax (VAT) rate in Slovakia is 20%. This rate applies to most goods and services sold in the country.
4. Are there any tax exemptions or incentives available in Slovakia?
Yes, Slovakia offers various tax exemptions and incentives, especially for foreign investors and businesses in specific sectors like technology and renewable energy. It’s advisable to consult a tax professional to understand the eligibility criteria.
5. How do I file taxes in Slovakia?
Tax filing in Slovakia can be done electronically through the Financial Administration portal. Companies and individuals are required to submit their income tax returns annually, and deadlines vary based on the type of taxpayer. Always check for the latest regulations to ensure compliance
Learn more: Visit our Full Slovakia Company – FAQ page
or contact our tax and company formation team at[email protected]
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.
About Slovakia
Capital: Bratislava
Region: bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the west, and the Czech Republic to the northwest.
Language: Slovak
Currency: EUR
Time Zone: +1
Dial Code: +421
Abbreviations: SK
Helping Your Company Thrive in Slovakia With us, starting and running a business in Slovakia will be easy and efficient!
- Full support of the company’s registration in Slovakia: from the preparation of documents to their submission.
- Remote registration: all processes are online, wherever you are.
- Secretary and Treasurer: we can take on these important roles.
- Nominal directors and shareholders: we will ensure the confidentiality of your information.
- Help in opening a bank account: we will simplify this complex process.
- Registration for taxes, VAT and EORI: ensure all requirements are met.
- Website development: we will create a professional online representation for your business.
- Logo creation: we will design a unique and memorable logo for your brand.
- Full administrative support of the company: we will take over routine tasks.
- Mailing address organization: we provide a reliable mailing address for your business.
- Organization of the virtual office: we will ensure the professional image of your company.
- Telephone answering service: we will answer calls on behalf of your company.
- Accounting, audit and reporting: ensure accurate and timely accounting.
- Preparing and filing a VAT declaration: let’s save you the trouble.
- Interaction with local authorities: take over communication with state institutions.
- Trademark registration: protect your brand.
- More Emphasis on Customer Input.