Legal entity types in Slovakia compared
We have expertise in helping entrepreneurs navigate the complexities of Slovakia’s business structures. Our services are designed to help you select the best structure for your business and stay compliant with the law. Let’s discuss the different business structures in Slovakia and how we can assist you in establishing your presence in this thriving European country.
Legal entities in Slovakia
Here is a summary of the legal structures that are most commonly chosen in Slovakia:
Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
---|---|---|---|---|
Limited Liability Company | Spoločnosť s ručením obmedzeným | € 5000 | Directors | 7 days |
Joint Stock Company | Akciová spoločnosť | € 25000 | Board of directors | 12 days |
Branch Office | – | – | Branch manager | 15 days |
Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Spoločnosť s ručením obmedzeným)
The Limited Liability Company is a popular business model in Slovakia that provides limited liability protection to its owners. It is known for its flexibility in management and capital requirements, making it an attractive choice for entrepreneurs. Our team is here to assist you in establishing your Limited Liability Company in Slovakia.
Joint Stock Company (Akciová spoločnosť)
Many larger businesses in Slovakia opt for the Joint Stock Company. Its advantages include the ability to raise capital through public offerings and the flexibility of share transfers. Our team is available to help with the registration of your Joint Stock Company in Slovakia.
Branch Office
A branch office acts as a continuation of the main company, enabling it to operate in a different area while keeping its initial legal status intact. Opting to establish a branch office in Slovakia can be beneficial for businesses aiming to broaden their activities in the country without having to form a distinct legal entity. By functioning as a branch, the main company can take advantage of its established brand image and resources while entering new markets. We provide full assistance in handling the complexities of establishing and overseeing a branch office in Slovakia, guaranteeing a seamless and lawful entry into the market.
Holding Company
A holding company is a strategic entity commonly used to control other companies by owning their shares. In Slovakia, setting up a holding company can bring advantages like centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and enhance tax planning. Our team of experts offers personalized support to assist you in creating and running a holding company in Slovakia, ensuring adherence to regulations and maximizing your corporate structure’s potential.
Requirements for starting the business
We will examine the necessary prerequisites for establishing all forms of business entities in Slovakia and how our committed team guides you through the entire process
Minimum share capital
In Slovakia, minimum share capital requirements are imposed based on the business structure selected. Our experts will help you calculate the necessary minimum share capital for setting up your business, regardless of the corporate form chosen. We will collaborate closely with you to ensure that all regulations are met and that your financial resources are utilized efficiently.
Directors and shareholders
In Slovakia, it is necessary for every business to have directors and shareholders. Our experts can provide valuable guidance on selecting appropriate directors to ensure that the company benefits from their expertise and aligns with your future goals.
Legal duties and obedience
It is important to stay up to date with obligations such as registration, ongoing reporting, and tax requirements, which is why our legal team manages these administrative tasks to ensure full compliance. This enables you to concentrate on your main business activities while we deal with the paperwork.
Book a consultation
The team invests time in comprehending your objectives, field, and obstacles, allowing us to offer tailored assistance during the process of establishing a business. We promise a smooth and trouble-free path to creating a successful company in Slovakia through our expertise and commitment to offering excellent service. Don’t let the challenges of starting a business in Slovakia hinder your success. Trust in us, and together, we will assist your company in reaching its full potential. To start your path to success, reach out to us today. Fill out and submit the form below, and our experts will reach out to you.