Costs of opening a company in Slovenia
The costs of opening a company in Slovenia are few. Compared to other EU countries, opening a company in Slovenia is not that expensive. However, it does require some financial planning. In this article you will find out what are the main costs of opening a company in Slovenia.
Company registration costs
The cost of registering a business varies depending on what type of business you choose. For example, for a LTD company, you need a share capital of 7,500.00 euro for most business activities. However, there are some exceptions. To set up a freight or passenger business, the share capital and the size of the office depend on the number of vehicles you use. You will also need a transport license and a transport manager.
So you decided that Slovenia is a good place for your business? Wondering what is the first thing you need to do? If you need help, you can always contact us! We are an expert in this field with 30 years of experience in the area of legal and business consulting. You just want to know more about costs of opening a company in Slovenia? Than, keep on reading.
If you have a company abroad, you can also open a branch office. The branch is entirely dependent on the parent company. As a result, you do not need share capital or a Slovenian bank account.
Active business conduct
One of the costs of opening a company in Slovenia is proving that your Slovenian business is operating actively. Slovenian company can employ EU citizens and foreigners who already have a valid Single work and residence permit in Slovenia. However, some foreign workers do not meet these conditions. In this case, you must apply for a work and residence permit. To be able to do this, the company must prove its active business conduct. You need to meet one of these three conditions:
- You must invest 50,000 euro in the fixed assets of your company; or
- You must employ an EU resident full-time for a period of 6 months; or
- You must show monthly transactions in the amount of at least 10,000.00 euro on the Slovenian companies bank account for six consecutive months.
If you decide to meet the second condition of active business conduct, one of your costs of starting a business in Slovenia will be a salary. The lowest gross salary in Slovenia is 1,074.43 euro. By the way, if you have any questions regarding labor law and taxation, our legal advisers can help you. Contact us on Viber / WhatsApp +386 64 173 023.
Also, don’t forget to read EU minimum wage-countries with lowest and highest wages.
Additional costs of opening a company in Slovenia
So, now you know what are the main costs of starting a business in Slovenia. Having said that, there are some additional expenses to consider. In case you opt for a LTD company, you will incur costs when opening a bank account. On the other hand, if you open a branch, you will have some expenses with the notary and translation services. In addition, you should always count on some minor administrative costs.
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