Entrepreneurs who start their business in Europe usually make detailed investigations in the steps and conditions of company registration in a particular country. One of the most important elements that entrepreneurs consider in this process is the cost. What kind of running costs can you expect if you will open a company in Slovenia?
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Cost you can expect in the process of company registration
Costs of company registration differ depending on what company type you choose to open. If you open a new LTD as a natural person or a new LTD as a legal entity (daughter company), you can carry out the registration at our VEM point. In this case, the process of registration is free of charge. But if you are expanding your business by opening a branch office, you would have to carry out the registration at the notary. Notaries charge the registration fee and the cost depends on the size of the company and starts at 300€.
If you are opening a new LTD as a natural person or a new LTD as a legal entity (subsidiary), you have to take into account also the amount of share capital. The minimal amount of share capital that you have to deposit is 7500€. But this is the money which your company can spend for costs related to business after the registration.
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Cost you can expect for salary and business immigration
After the company is established, you can start with your company operations and business conduct. The costs which you can expect at this point are for renting an office and for bookkeeping. With an office, you can also decide to use virtual office for business address in order to minimize expenses.
Usually, the majority of businesses also start employing staff after the registration. The amount of minimal wage which you have to pay for a full-time employee is 940,58€ gross, which amounts to a cost of around 1300€ for the employer after all taxes and contributions. The average salary in Slovenia was higher in April 2020 than in March 2020 by 10,9%. For example, employees in the hospitality business received a salary of 1213,76€ gross.
You can employ EU staff immediately after company registration. But if you plan to employ non-EU staff you have to also fulfill one of the following conditions of active business conduct. Each condition has a different cost related to it:
- 50.000€ investment to fixed assets,
- or employing an EU citizen for 6 months on full-time,
- or generating 10.000€ monthly revenue each month for 6 consecutive months.
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Do not miss the unique opportunity to learn about company registration, costs and business immigration to Slovenia. DATA can offer full support to foreign citizens in the consultation and the company registration. Also, you can contact us for more information. Send us an email to [email protected]. You can also call us on +386 1 6006 270, Viber/Whatsapp +386 40 530 718 or skype data.business7.
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