Do you dream of expanding your business or opening a new business in Europe? Are you reviewing the possible countries, where you would open this new company? We will explain how to open a business in Slovenia to make your decision easier.
How to open a business in Slovenia, Europe – deciding on the business type
If you are wondering how to open a business in Slovenia, you firstly need to decide on the company type. If you are a new entrepreneur without any existing business you can open a new company in Slovenia. As a non-EU citizen, you can open a LTD company where you would be the shareholder and representative.
If you have experience in business and have an existing company abroad, you also have to open a branch office or a subsidiary of your existing company.
A subsidiary is also a LTD company, where the shareholder is the parent foreign company. It is still an individual company, where you can register other business activities than in your parent company. It would only mean that the owner of the Slovenian company would be your foreign company but it would not be part of the parent company.
A branch office is not a separate legal entity. It is a part of the parent company and it has to have the same business activities registered as the parent company. Also the parent company is responsible for the business conduct of the branch and has to include the branches business outcome in the parent company’s financial reports. A branch office requires no founding capital for establishment.
How to open a business in Slovenia, Europe – documentation needed to establish the company
Establishing a new LTD as a natural person is the easiest possibility how to open a business in Slovenia. All shareholders would only need Slovenian tax numbers, their valid passports, statement of the owner of the business addres in Slovenia and founding capital at least 7.500€. It would take around 7-10 days to establish the new LTD. All shareholders and directors need to be physically present in Slovenia when establishing the company.
There are more possibilities how to open a business if you have an existing company abroad. A subsidiary requires the same documents as a new LTD with one distinction. The parent company who will be the shareholder would also require a Slovenian tax number. To obtain it, the parent company needs to provide an extract from the business registry. The registration process takes 7-10 days. The parent company needs to provide the founding capital 7.500€ from the corporate bank account. The representatives have to come to Slovenia for company establishment.
Establishing a branch office is also one possibility how to open a business in Slovenia. It does not require presence of representatives in Slovenia when establishing it. It can be done based on power-of-attorney. Also, it does not require founding capital. Registering the branch office happens at the notary. In addition to Slovene tax numbers of the parent company and representatives, it requires the financial report of the parent company from the previous year, extract from the business registry and act of establishment. All these documents need to be dully cerified and translated to Slovene language by a court translator. After submitting the documents to the notary, the branch is established within 14 days and then the representative would have to come to open the bank account of the company.
How to open a business in Slovenia, Europe with the support of Data
If you are thinking about how to open a business in Slovenia, Data can offer you full support. We can offer assistance with obtaining the documentation needed to establish a company. You can also register your LTD company at our One-Stop-Shop (VEM/SPOT point) free of charge. We can also assist you to register your branch office through power-of-attorney at the notary. We can also offer accountancy services with the possibility to receive legal support on how to open a business in Slovenia.
If you do not have a business address, where you would register the company, we would be happy to offer the services of virtual office.
For more information on how to open a business in Slovenia, EU, you can write to our email data@data.si. You can also contact us over the phone 00386 1 6006 270 or 00386 40 530 718 (Viber, WhatsApp). You can also follow us on Facebook.
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