Open a branch in Slovenia – how to do it?
Open a branch in Slovenia fast and easy! It can be a great way to expand your business to EU if you already have a company. When you want to open a branch, you do not need to invest initial capital. Keep in mind that in case of opening a LTD, you will need to have an initial capital of at least 7,500 €.
To register a branch, you will need to provide following documents of the parent company:
- deed of incorporation of the parent company,
- extract from the register of enterprises not older than 3 months,
- financial report for the previous financial year
- confirmed statement of business address in Slovenia.
At Data, you can get everything in one place. The support of accountants, lawyers and tax specialists. We will assist you at every step of starting your business in Slovenia.
A branch – what is it?
A branch is slightly different from the parent company. It does not have the status of a separate legal entity. The branch can do all the business activity as a parent company. The branch is dependent on the parent company. In addition, you won’t require founding (share) capital to open a branch. Since the branch cannot exist on its own, the closure of the parent company also means the closure of the branch.
Open a branch or a new LTD company?
It depends on some circumstances. To open a branch office in Slovenia you need to have an existing Ltd company. Any Ltd. company no matter where in the world it is are, can open a branch office in Slovenia.
The Slovenian branch office will be a part of your existing company. Therefore, branch office has to do the same activity as the parent company. Big advantage for some is that you won’t need founding capital to open a branch. In addition, you do not need a Slovenian bank account. You can have a bank account, but it is not necessary to have one. You will have to provide some documents about the parent company. Therefore, there will be some additional translation and notary costs.
How to open a branch office in Slovenia?
To open a branch office, you will have to visit the notary. You can authorize us at DATA company to prepare the Slovenian part of the documentation. We can also submit the company registration application at the notary. After submitting the application at the notary, the court usually registers the branch office within 15 days. So, you can open a branch relatively fast. You can use the parent company’s bank account for business transactions of the branch office. Do not hesitate. Contact us for help.
If you want to open a branch in Slovenia, Data d.o.o. is a perfect partner to lead you through the process. We have more than 30 years experience in the accounting, business and legal counseling. Data is authorised by the government to register companies. In addition, our consultants can offer full support in the process of employing foreigners. Datas legal experts will also lead you through a family reunification process.
And once we start a company in Slovenia for you and you are set to go, our advisers will be at your disposal for accounting, financial, tax and legal counseling in accordance with Slovenian laws and regulations. You can also have a business address on our premises and share our secretary.