How to set up a business in Slovakia

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Company Types in Slovakia

• Limited Liability Company (LLC)

• General Partnership (GP)

• Limited Partnership

• Joint Stock Company

Limited Liability Company (LLC)

• This company can be established by at least one person

• The minimum share capital is about 200.000 SKK

• The contribution of the shareholders must reach a minimum of 30.000 SKK

• The shareholders are liable to company's obligations, only to the extent of their contributions.

General Partnership

• This company can be established by at least two persons

• The partners are fully liable with their whole private property

• The company do not need a minimum share capital to be established

Limited Partnership

• The company must be founded by at least two persons

• The minimum share capital is not required

• At least one partner is general one, and other is limited

Joint Stock Company • This company can be established by at least

two persons• The company is liable only through its own

property • The minimum share capital provided should be

at least 1.000.000 SKK • The minimum share capital is divided into

shares with an established nominal value • This company requires a board of directors to

be managed

Steps for company formation in Slovakia

• Providing the company’s denomination

• Providing a set of identification documents

• setting-up a the bank account for the share capital

• submitting the registration documents with the Commercial Register

• Receiving the registration certificate

Necessary documentation and information

• providing utility bills as proof of address

• providing passport copies of the shareholders and board members

• setting-up a bank account for the injection of the share capital

• submitting the company registration file with the Commercial Register

Requirements for Company  Formation in Slovakia

• Any person of any nationality or residence can be a shareholder in a Slovakian company

• The Board of Directors can be comprised of one member

• The company must hold a local registered office

Services Provided for Company Registration in Slovakia

• drafting the Articles of Association

• offering a Registered Office in Slovakia

• setting up a share capital bank account

• recommending an Slovakian accountant

Thank you for your attention

Please contact us for more information at

office@bridgewest.eu

www.companyformationslovakia.com

Ph./Fax: (+44)203-287 0408