An Establishment of LLC in Slovakia

The name of the new company cannot be identical or confusingly similar to a name already registered in the Commercial Register. You can check online whether a similar company name exists by using the Commercial Register. You can change the company name at any time during the business’s operation.

Yes, you can. To establish the company, a consent from the property owner is required, and this document must have the owner’s signature certified by a notary. A bank’s lien (mortgage) on the property does not pose an obstacle.

Currently, a written statement from the deposit administrator is sufficient. It is not necessary to open a bank account or deposit the funds.

The price includes any number of free trade licenses. For regulated trades, there is an additional fee of 15 EUR per license. Simply consult with us regarding the specific business activities you plan to engage in, and we will inform you in advance which activities are free trades and which are regulated. You can also check our list of the 5 most common business activities among our clients.

The founder or shareholder must not have outstanding debts with the Social Insurance Agency. The court checks this during registration. If there are multiple shareholders, none of them can have debts. If you have any outstanding debts, they must be settled, and you need to obtain a confirmation from the Social Insurance Agency. Additionally, you cannot be listed as a tax debtor or in the register of executions. However, other debts, such as with a health insurance company, do not pose a problem when establishing an s.r.o.

Unfortunately, no, the founder or shareholder must have a clean criminal record.

The only limitation is that you can be both the sole director and sole shareholder in a maximum of three companies. If there are multiple shareholders, you can have an unlimited number of companies.

The minimum share capital for an s.r.o. is 5,000 EUR, and the minimum contribution from a single shareholder is 750 EUR.

Yes, we automatically handle this registration for clients, and it is included in the service fee.

We do not automatically activate the electronic mailbox (e-schránka) for clients. This activation occurs automatically by the state 10 days after the company is registered in the Commercial Register. If the director logs into the mailbox before this period, the activation will happen on the first login day. To access the e-schránka, you need an ID card with a chip and a card reader, which you receive upon issuance of the chip-enabled ID card.

Establishing an s.r.o. is clearly defined as a legal service. Any entity or individual who establishes a company without being a lawyer commits a criminal offense. These entities are regularly monitored by the Slovak Bar Association and the police.

Only a lawyer can ensure that your business is legal. For instance, if someone reports that you are conducting unauthorized activities during your business operations, it could be classified as illegal entrepreneurship.

There are two options. We can send the documents to you via email, and you can print them out and have your signature notarized or certified at the registry office. Alternatively, you can sign the documents electronically using a new ID card with a chip.

Our tax advisor, with whom we collaborate, will assist you with the VAT payer registration. Your accountant can also easily handle this registration.

Yes, you can. If you are interested in transitioning from sole proprietorship to an s.r.o., please contact us.

The number of registered activities is not limited. You can expand these activities at any time during your business operations.