Registering a company in Slovakia involves several key steps including selecting a company type, choosing a name, preparing documentation, and registering with the Slovak Business Register and the Financial Administration. By following this guide, you should be able to navigate the process smoothly. Remember to adhere to all guidelines and requirements to ensure a successful registration and a promising start for your company in this dynamic European market.
Step 1: Choose your company type
The first step is to decide on the type of legal entity you want to establish. The most common types are:
- Limited Liability Company (Spoločnosť s ručením obmedzeným - s.r.o.)
- Joint-Stock Company (Akciová spoločnosť - a.s.)
- Branch of a foreign company
Step 2: Choose a company name
Next, choose a unique name for your company. You can check the availability of the proposed name at the Slovak Business Register: http://www.orsr.sk/
Step 3: Prepare the required documents
The key documents required for registration include:
- Articles of Association (for s.r.o. and a.s.)
- Application for Company Registration (for all types)
Forms can be downloaded from the Ministry of Justice's website: https://www.justice.gov.sk/
Step 4: Identify company officers and shareholders
You will need to identify at least one director (for s.r.o. and a.s.) or one representative (for Branch of a foreign company). Directors or representatives must be at least 18 years old. Shareholders can be individuals or corporate entities.
Step 5: Capital requirements
Slovakia requires a minimum capital of €5,000 for s.r.o.s, €25,000 for a.s., and there is no minimum capital requirement for branches of foreign companies.
Step 6: Register your company
Once your documents are ready, you can submit your application to the Slovak Business Register. This can be done in person at the local district court or online via the following link: https://www.slovensko.sk/en/online-services/
The fees for registering a company are as follows:
- s.r.o.: €331 (approximately)
- a.s.: €663 (approximately)
- Branch of a foreign company: €331 (approximately)
Step 7: Register for taxes
After your company is registered, you must register for taxes with the Slovak Financial Administration. This can be done in person at the local Tax Office or online via the following link: https://www.financnasprava.sk/
Step 8: Obtain necessary permits and licenses
Depending on your business activities, you may need to obtain additional permits or licenses. Check with the relevant authorities and industry regulators for specific requirements.
The entire registration process, from preparing documents to receiving your Certificate of Incorporation, can take anywhere from 2 to 6 weeks, depending on the complexity of your application.