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How To Register a Limited Liability Company in Slovakia?

How To Register a Limited Liability Company in Slovakia
Milan Šogorov Attorney at Law - Legal Consultant

If you want to register a limited liability company in Slovakia and start your business venture there, you will need to fulfill certain conditions and meet certain criteria.

Business name and business activity

First and foremost, you will need to decide what will be the name of the limited liability company and to find a legal address – business address – for the company. For legal seat – business address – you can find providers of Virtual Office Services or you can find a suitable office and rent it.

Next step is to determine the what type o business activity will your limited liability company perform – object of the business. In case you wish that your company performs more than just one business activity, it is possible, in accordance with Slovak Law, to register few business activities.


Each and every limited liability company must have a least one shareholder. This means that one company can have more than one shareholder, but minimum value of share that each shareholder holds must be at minimum of 750,00 EUR. If a shareholder is individual than he or she must provide copy of ID or passport where name, surname, date and place of birth, citizenship and residency are state. For legal entity to be registered as a shareholder you will need to provide Excerpt from Commercial Register or Business Agency Register where name of the entity, identification number and other relevant information will be stated.

Share capital

Minimum share capital is rated at 5.000,00 EUR, but before submitting Registration Application before Slovak Trade Register, only 2.500,00 EUR of share capital must be deposited. So, it is stipulated that only 50% of the share capital is deposited before registering a limited liability company. In addition to this, Slovak Law stipulate that, within this 50 % of total share capital, 30% of shareholder’s contribution have to be paid.

Other information

Once all these facts are determined, you will need to draft Company’s Articles of Association and other related documents and certify them before Public Notary.

Final steps after completing all of above stated includes, registering for tax income, opening a bank account for legal entity and registering before Social Insurance Company.

For business purposes most important taxes are Personal Income Tax – rated at 19% for wages up to 34.401,74 EUR and 25% for what exceeds that amount; Corporate income Tax – rated at 21%; and Value Added Tax (VAT) – rated at 20%.

If you want to register a company in Slovakia or you need any additional information on this topic, feel free to contact us and let us  assist you.