1. What is the basic capital required by law?

The minimum basic capital  of the LLT is 5000 EUR.

2. What is the Slovak taxation?

If your company´s turnover is up to 49.790 €, then you should pay 15% tax rate, if your turnover is higher than 49.790 €, then your tax rate is 21%.

Vat tax rate is  20%.

3. How can you start?

The basic thing is to have EU citizen executive who will provide Criminal record.

If this is ready, then you can start with your company formation process in Slovakia.

4. What else is necessary?

You shall provide info on shareholders and executive, name of your company, legal seat and object of business.

5. How long does it take to open the company?

Currently it takes 2-3 weeks from the moment of providing the signed documents.

6. Do I have to travel to Slovakia?

No, you do not have to travel to Slovakia. You can sign your documents at embassy of Slovakia abroad.

7. Who can be executive of the company?

person who is at least 18 years old, can provide Criminal record.

If you need further info do not hesitate to contact us.

FAQ- Company formation in Slovakia

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