Entering the VAT system
Why is entering the VAT system usually the first step when opening a transport company in Slovenia? A transport company that wants to obtain the license for international transportation of goods has to buy/rent, lease a vehicle or take up a loan for a vehicle. Usually, transport companies decide to buy the vehicle and if they want to buy the vehicle without the 22% VAT, they have to enter into the VAT system voluntarily.
Bear in mind that you do not receive the VAT number automatically when opening a company. After company registration, you have to submit an application for a VAT number. The process of obtaining a VAT number takes 30 days from the moment the Financial Administration receives the complete documentation. In the process itself, you have to prove with written evidence that your company intends to conduct business actively. This evidence can be pro-forma invoices, advance payments, contracts, letters of intent, registration to insurance funds, etc. The more evidence you can gather, sooner you will obtain the VAT number.
If your priority is to start conducting business as soon as possible and for that, you will need the license for international transport of goods, you can buy the vehicle and pay for it with the included 22% VAT. As soon as you receive a VAT number, you can request a refund of the VAT.
If you already have a transport company in your homeland, you can open a subsidiary. However, if you do not wish to mix the business conduct with that of the parent company or you do not have a transportation company, you can open a new company as a physical entity (private limited company – LTD).
The process of opening a company is simple and is finished within 7 days. The main part comes after the company registration – buying a vehicle, entering the VAT system and obtaining the license for international transport of goods.
How can we help you in the process of opening a transport company?
The company DATA can offer you complete support and consultation on the types of business conduct in Slovenia, the actual process of company registration, obtaining work and residence permits. We also offer a business address (virtual office), accounting services, tax and accounting consultation, legal consultation from the fields of economic, labor and migration law as well as all other support connected to business conduct.
Write us an e-mail to the address [email protected], give us a call on the telephone number, +386 1 6006 270, Viber/WhatsApp: +386 40 530 718, or contact us on Skype: data.business7. You can also follow us on Facebook.