Establishing of companies
Limited liability company (s.r.o.)
Doing business through a legal entity (Ltd) is the most common and most popular form of business in Slovakia. Limited liability company can be established by one or more natural persons or, and may take p to 50 shreholders. Company can be established on the basis of a Memorandum of Association. A minimum deposit of each partner must be at least 750 €. Partner and/or the executive can be a non-resident of Slovakia.
Share capital
The value of the share capital must be at least 5000 €.
Company bodies
- General Assembly , formed by all partners, with each partner having one vote for, it has to take place at, least once a year, convened by the statutory representatives
- Statutory representatives - statutory body, acting on behalf of the company; one or more persons
- Board of Trustees – supervisory body, not formed obligatorily
Price and time needed for establishment of a company
Price for the establishment of a limited liability company is 165 EUR. Price includes drafting of all necessary documents, consultation on business activities and trade licenses, company registration at the Trade License Register and Commercial Register . The company will be registered in the course of two weeks.
Additional costs :
Court fee for registration of the comapny at the Commerecial Register- € 331.50
Administrative fees for the issue of a trade license - € 3
Notary fees - from € 14.20
Total price: from € 510.70 + the number of Trade licenses x € 3
Joint-stock company (a.s.)
A stock company is founded through a corporate indenture (if the company is founded by two or more persons), or through a foundation charter, if the company is founded by a single founder - legal person. The corporate indenture, as well as the foundation charter, have to be drawn up in the form of a notarial record. The corporate indenture/ foundation charter also contains the statutes.
Share capital
The value of the share capital must be at least 25 000 €
Company bodies
- General Assembly - formed by all shareholders; it has to take place at least once a year, convened by the Board of Directors
- Board of Directors - statutory body, acts on behalf of the company, formed by one or more persons
- Board of Trustees - supervisory body, formed obligatorily, with at least three members
Price and time needed for establishment of a joint–stock company
Total costs for establishing joint- stock company are € 1 800 including legal fees + number of trade licenses x € 3. The company will be registered in the course of two weeks.
If you are interested, please contact us
