Company Registration in Slovakia

Just Think About Company Name!

Legal Baltic professionals will helps you to register an Slovakian company and advises you on the necessary operations. The most popular type of legal entity being set up by foreigners in Slovakia is a limited liability company (in Slovakian “S.R.O”).

There is no need to visit Slovakia in order to establish a company in Slovakia. Everything can be arranged remotely based on a Power of Attorney. We will prepare a special Power of Attorney for you for that purpose. The only thing you are required to do is to obtain a notarial and, if applicable, apostilled certification for that proxy and send it to us by courier.

A newly registered company will have a registered bank account, company seal and all of the documents required to start doing business including a formed authorised capital. We also offer you an opportunity to purchase an Slovakian company that is already established (ready-made).

If you intend to acquire a new company with the desired name and start a business in Slovakia the process of obtaining necessary documents will take up to 20 business days. The purchase procedure of a new company in Slovakia is the same as of an established one.

Start your company in Slovakia

Different forms of business entities in Slovakia

živnosť

a sole proprietorship

v.o.s.

a general partnership

K.S.

a limited partnership

S.R.O.

a limited liability

A.S

a joint stock

Branch

Branch in Slovakia

Limited liability company (S.R.O.)

Limited liability company, the abbreviation SRO is used in Slovakia, is the most common commercial company. A limited liability company (hereinafter the “S.R.O.”) is a company that has the share capital divided into private limited company shares. A shareholder is not personally liable for the obligations of the company.

There are no major restrictions on the name of the company in Slovakia. It is only important that the name should not have been taken yet. Special conditions apply to the use of words such as “casino” or “bank”.

The minimum amount of the registered capital is 5 000 EUR, with the minimum percentage of the member at least 750 EUR. Unlike other countries, there is no need to place the registered capital at the company’s bank account. It can be paid up in cash. The maximum number of members of a limited liability company is 50. It is better to register a legal entity as a Joint Stock Company in case you need to have more members.

It is important to decide who will become the executive director of a Slovak company. By law, a citizen of a member of the European Union or the Organization for Economic Cooperation and Development may become an executive director. Nationals of third countries may become executive directors only with a permanent residence permit in any EU country or a temporary residence permit in Slovakia. There are no quantitative restrictions for the number of executive directors.

Usually, all the directors act independently from each other. Nevertheless, memorandum of association may limit their actions in a way that, for example, directors should act together or at least two of the three directors should act together, or signatures of all directors might be required in matters exceeding certain amounts.

The company is liable for its obligations to the extent of its entire property. A founder or shareholder is not liable for the limited liability company’s obligations, as well as the limited liability company are not liable for the founder’s or shareholder’s obligations.

How to register a new company in Slovakia?

In order to register a new company in Slovakia, you do not need to come to our office. The only task for the client is just to use his imagination and create a name for his company.

We will prepare a special Power of Attorney for you for that purpose. The only thing you are required to do is to obtain a notarial and, if applicable, apostilled certification for that proxy and send it to us by courier.

For Your convenience, after registration process will be completed all the necessary company documents, records and stamp will be at your hands within a month at the latest. If you want to shorten the process time – please come to our office and pick up the company’s documents on the same day.

We will provide you full support for your company in Slovakia, taking into account all your individual requirements. Company Formation is provided under the contract in compliance with the laws of Slovakia. Thanks to e-Residency and e-services you can establish a company and run it without visiting the country.

 

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