Have you been exploring the possibility to open a company somewhere in the EU? Why not choose Slovenia as your business destination? In addition to offering good business climate it also offers the possibility for relocation to Slovenia based on business.
Relocation to Slovenia based on company establishment – why should you choose Slovenia?
There are many countries in Europe where you can establish your business, but Slovenia offers both good business conditions as well as living conditions.
It is a member of the EU and Schengen zone with easy access to other European countries. It has low corporate income tax at only 19%. Slovenia also uses EURO currency so the transactions with most European countries is easier. It also has access to international waters because of its port in Koper.
If you also consider relocation to Slovenia, it also offers good living conditions as it is a very safe country with low crime rate. Most of the population can also speak English, so knowing Slovenian language is not a must when doing business here. It has a good geographic position and also good climate with access to both sea and mountains.
Relocation to Slovenia based on company establishment – what kind of company can you open?
The first step for relocation based on business is to establish a company. If you are a new entrepreneur, you can open a LTD company. It requires founding capital 7.500€, a business address in Slovenia and Slovenian tax numbers for all shareholders and representatives. You would also need to come to Slovenia for around 2 weeks to finalize the company registration process.
If you already have an existing company abroad you can open either a subsidiary or a branch office of your existing company.
A subsidiary is also an LTD company, where the shareholder is another legal entity. It also requires 7.500€ founding capital, Slovenian tax numbers for the representatives and the foreign company and a business address in Slovenia. For this company type, you also have to come to Slovenia for about 2 weeks in order to open the company.
A branch office is not a separate legal entity but a part of your existing company. It does not require founding capital but is also not independent from the parent company. To establish it, you do not need to come to Slovenia. Company registration proceeds at the notary and can be done based on power of attorney. From the parent company, you need to submit the following documents: financial report for the previous year, act of establishment and extract from the business registry. When you submit the documents to the notary, it is usually registered within 2 weeks.
Once you have established your company, you can proceed to choosing the possibility under which you would do relocation based on business in Slovenia.
Relocation to Slovenia based on company establishment – what conditions do you have to fulfill?
Only establishing a company is not enough for relocation to Slovenia. The company has to fulfill one of the following conditions:
- Investing 50.000€ into fixed assets of the company
- Having one EU citizen employed in the company on full-time for a period of 6 months
- Showing company turnover 10.000€/month for 6 consecutive months.
Once one of these conditions is fulfilled, you can apply for your work and residence permit and start your relocation to Slovenia.
Relocation to Slovenia based on company establishment with the assistance of Data!
Data can offer support in the whole process of business immigration. We can help you obtain the documents for company establishment. You can also make LTD registration at our VEM/SPOT point free of charge. We can also assist you to submit the documents for branch registration at the notary based on authorization.
Our legal department can help you choose the best company type for you to open based on your business activity.
We also offer accountancy services so that you can be sure that your company’s business conduct is in accordance to Slovenian accountancy standards.
Should your company need a business address, we can offer services of virtual office.
For more information on relocation based on company establishment in Slovenia, you can write to our email [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.