The New Year has brought on some legislation changes in Slovenia. One of them is the increase of minimum wage from 886,63 EUR gross to 940,58 EUR gross. This is important information also if you plan to start your business in Slovenia and have employees working for you full-time.
Are you considering company registration in Slovenia?
Call us for more information to +386 1 6006 270 or write to us on [email protected].
Data d.o.o. has been providing assistance to entrepreneurs with their business in Europe for nearly 30 years. We provide assistance in company registration. Also, we provide accounting services and our legal consultants can guide you in understanding the legislation regarding minimum wage.
Minimum wage in Slovenia increased starting with 1.1.2020
Starting with 1st January 2020, the minimum wage increased from 886,63 EUR to 940,58 EUR gross per month. Additionally, a new definition of minimum wage came into force that excludes all wage supplements from the minimum wage. Entrepreneurs with companies in Slovenia have to make sure that they abide by this new wage amount as the inspection offices will be making thorough reviews if companies are paying their employees the appropriate amount.
In addition to the higher amount of the salary, the employer also cannot include the following wage supplements into the amount of minimum wage:
- supplements for work performance,
- payouts for business success,
- supplements for years of service,
- supplements for special work conditions (working in shifts, afternoon work, working in the field).
Register a company in Slovenia in the New Year
Higher minimum wage usually means better living conditions and increased life standards. It also usually increases consumerism and forwards economic growth in a country. Hence, registering a company in Slovenia would be a good start your business in Europe by making the Slovenian country your hub. Non-EU citizens can register an LTD company with 7500€ share capital.
For more information on company registration in Slovenia, EU, send us an e-mail to [email protected]. 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.