Slovakia
Capital: Bratislava.
Official languages: Slovak.
Currency: euro.
Company registration provides the following benefits:
- Stable and predictable tax and legal environment.
- Geographical proximity to Western and Eastern European markets.
- Relatively low corporate tax.
Slovakia is a small state located in Central Europe, bordering the Czech Republic, Poland, Ukraine, Hungary and Austria. The advantageous geographical location is determined by its proximity to both Western and Eastern markets.
Opening a business in Slovakia is attractive due to low operating costs, access to qualified labor, and tax incentives for investors. Corporate income tax is only 15%.
Features of taxation and reporting
- Income tax from 15%.
- VAT 20% with reduced rates for some types of services.
- Minimum contributions to the social insurance fund.
Company registration
Time frame for company registration: about two weeks.
A popular form for registering a company is a fixed-term partnership or (verejná obchodná spoločnosť) as well as a limited liability company (SRO, Spoločnosť s ručením obmedzeným). For an SRO the minimum authorized capital is 5,000 euros; for a partnership there is no minimum capital required.
To register a company remotely, you will need to provide the following information:
- Choosing a company name: three options are required.
- Notarized copies of ID for all participants.
- A document confirming the residence address of all participants with notarization.
- In some cases, a certificate of no criminal record from the director may be required.
A quick guide to registering a company in Slovakia:
To quickly register a company, contact IT-OFFSHORE specialists. The cost of our services includes:
- Preparation of documents (collection, filling, notarization, etc.).
- Company registration.
- Payment of all government fees.
- Registration agent services for 1 year with the possibility of extension.
- Translation services.
- Delivery of registration documents to any address.
The bottom line
Every business is unique, and the decision to register a company in Slovakia should be based on the specific needs and strategy of the business. We recommend that you seek advice from qualified IT-OFFAHORE consulting specialists who have experience working with Slovak jurisdiction and will be able to register your company in this country in the shortest possible time.
We offer not only legal support for company registration, but also a wide range of services, which includes accounting services, nominee services, and full support of the company after its registration; Thus, we provide full year-round service to your company.
