Limited Liability Company in Slovakia

Set up Limited Liability Company (also known as LTD. or LLC) in Slovakia is a complicated process that requires constant contact with the issue, as well as knowledge of relevant legislation and the legislation necessary for the successful registration of the Company Register.

We provide ALL INCLUSIVE services of setting up Limited company in Slovakia. It means that we fully conforms to the requirements of the client and creates his company by his wishes, without lenghty processing the necessary documents to the office by client.

Setting up Limited Liability Company in Slovakia - 429 €

Our company provide "ALL INCLUSIVE" service - we provide you all the information of starting business in Slovakia, we prepare all documents and we will contact all required State Offices. Our client only sign required documents in Notary presence or on the Slovak embassy.

The price for Setting up Limited company includes:

Set up Limited Liability Company - anywhere in Slovakia
Counseling before, during and after the establishment of a company
Preparation of all required documents for Setting up Limited company - you just come and sign all necessary documents, some of them needs to be verify of Notary, or in Slovak Embasy
Application for registration at the Trade Register - issue business licenses
Application for registration at the Business Register of Slovakia including Registration FEE
Company registration at the Tax Office for Corporate income Tax
Guarantee of company formation - We guarantee company formation for our clients
We have more than 5300 references - We provide our services since 2010 and we have more than 5300 satisfied clients

All other fees:

Fees for issuing business licenses: 0€ for every free trade licence
Verification of signatures (cca. € 13 per company at the Notary office - for a company with 1 director and shareholder)

Company formation usually takes 10-14 working days after the signing all of the documents.

Characteristics of a Limited Liability Company (S.R.O.):

Shareholder can be a natural person or legal entity from the any state worldwide.

Director can be only natural person who is a citizen of the EU or OECD. Director from the another country must have a residence permit in Slovakia.

The company may also be formed by one person (same director and shareholder). One person can be just one Shareholder in three limited liability companies. A company can have up to 50 members.

Obligatory requirement of Memorandum of Association or Deed of foundation is the name under which the company will perform legal acts in their business.

The company is formed by a Memorandum of Association or by Deed of foundation signed by all partners. The seat of the company is the address in Slovakia that is registered in the Trade register.

The minimum contribution of each partner in terms of legislation is at 750 EUR. The company is responsible for the breach of its obligations with all its assets. The minimum share capital is 5000 EUR. Our prepared documents are prepared so that there is no need repay the capital.

Each shareholder can participate only in one input. The amount of the deposit can be different for each partner, but must be expressed in positive whole number, where a special law provides otherwise. The total value of deposits must agree with the value of the share capital.

If a shareholder in the company undertakes to put contribution,The Memorandum of Association must include a determination of the object of the contribution. Also must determine the kind and amount of money which accounted the non-cash a shareholder contribution,for which is committed.

Company is emerging as a legal entity on the date on which it was registered in the Trade register. That day company have legal personality.

Other requirements and details you can find in Act No. 513/1991 Coll., Commercial Code as amended.

Obligation to use electronic Data Mailboxes from 1.7.2017

From 1.7.2017 all Slovak state authorities will comunicate with companies registered in Slovakia via electronical Data Mailboxes.

If all directors of your company are foreign citizens without resident in Slovakia or you are not for any reason able to ensure access to electronic Data Mailbox of your company, please contact us, we will ensure access to electronic Data Mailbox under power of attorney.

Taxation in Slovakia

Slovakia has a Corporate Tax Rate of 15% for turnover up to 100 000€ otherwise 21%. Resident companies are subject to tax on their worldwide income and capital gains. The corporate income tax (CIT) applies to the profits generated by all companies, including branches of foreign companies. Slovakia does not have local, state, or provincial Corporate Tax.

Withholding tax of 19% is levied on income from participation certificates, certain debentures, vouchers and investment coupons, and interest from bank deposits.

The value-added tax (VAT) in Slovakia is levied at a rate of 20%. A lower rate of 10% is levied on medicine and certain books.

Dividends from profits earned after 1.1.2004 are not subject to tax in Slovakia. From 1.1.2017 there is dividend tax of 7% for individuals.