Non-EU citizens can start their business in Europe by registering an LTD company in Slovenia. LTD company is a limited liability company that requires a deposit of share capital in order to register it. Is it possible to change the share capital later?
Data d.o.o. offers full support to entrepreneurs who start their business in Slovenia. We offer support in company registration as well as professional accounting services. In addition, we have a specialized legal team which can explain to you what rights and obligations you have as a shareholder and how you can increase your share capital.
Registering an LTD company in Slovenia
When you are registering an LTD company, you would need to present minimal share capital 7500€. This amount can be divided amongst shareholders, where the minimal contribution of each shareholder is at least 50€. You can deposit the share capital as a monetary deposit or insert it in material funds. In the latter case you need to do the company registration at the notary.
Throughout its operations, the company must ensure to provide the assets necessary to maintain the share capital. At any time during the course of business, the company or its members may also decide to increase their share capital.
Increasing share capital of an LTD company
The General Assembly of Shareholders of the limited liability company decide on the increase of share capital. The increase in share capital can be done in the following manner:
- by increasing share capital with new cash deposit,
- or by increasing share capital from the company’s assets.
Our legal department can consult you on the differences in the procedures and obligations each of them brings along.
What procedures do you have to carry out to increase the share capital?
Firstly, you would have to accept a decision on increasing share capital. All shareholders have to sign an appropriate decree. It has to be accepted with at least a ¾ majority of all shareholders. The notary would have to attest the decree.
Secondly, you would need to take over the new inputs. When increasing the share capital, the current shareholders have priority rights to take over new inputs. They can take them over in proportion to their shares in the share capital. The deadline to enforce this right is 14 days since the General Assembly, where the decree on increasing the share capital was accepted. The notary has to prepare the documents of the takeover in notary form.
Thirdly, you would need to enter the new inputs into the court registry. If the deposit will be in cash, the shareholders will have to transfer it to the company’s bank account.
The final phase of the procedure is changing the act of establishment for the entry to the court registry. The new structure will come into force when the changes are visible in the court registry.
Our legal team can assist you in every step of the way if you plan to register a company in Slovenia. For more information on company registration in Slovenia, EU, 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.