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 What is useful to know before you start making business in Slovakia? These are some questions that you shall |
| respond before making business in Slovakia. |
| What documents and information are needed to set up a company in Slovakia? What kind of information? So before making a business in Slovakia you shall know: |
| 1) business name of a company is requested if you want to set up in Slovakia. |
| First, you shall decide whether you will make business as legal entity or sole trader. |
| 2) legal seat |
| Do you need legal seat only per postal service or regular office where you will meet your clients? Before making business in Slovakia you shall decide about this. |
| 3) object of business |
| Your business plan is very important. What type of license will you need? The license can be regulated, unregulated, and as a craft. |
| 4) shareholder – You can make business by yourself or share your goals with more partners. |
| You shall need these data of shareholder´s name, surname, date and place of birth, citizenship, residency- address, as well as the amount of share that shall be paid up. |
| 5) executive – It is possible to have more than one executive. They can act independantly or mutually in order to make business in Slovakia. |
| You shall register their name, surname, citizenship, residency- adress and deposit their criminal record with apostile- all officially translated to Slovak language. |
| 6) value of share in limited liability company |
| The minimum share at limited liability company requested by law that shall be paid by a shareholder is 750 EUR per 1 shareholder. |
| 7) basic capital of limited liability company |
| The minimum basic capital requested by law for a limited liability company is 5.000 EUR to be paid by the client in the bank. |
| The process of setting up a company can last from five up to ten days. In case you are not a |
| member of European Union you are entitled for making business in Slovakia only when you |
| received a business permit that entitles you to make business. For further info feel free to contact us. |
Making business in Slovakia
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