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Company formation in Slovakia

How to establish a Slovak company?

First, you need someone to help you navigate the Slovak bureaucracy - and in English. Someone you can trust. Someone you know is professional and cares about you.

Who should start a company in Slovakia?

Entrepreneurs who want to expand in Slovakia or who can work from anywhere in the world.

Anyone whose business is linked to Slovakia or can be easily relocated to Slovakia.

By contrast, businesses that are localised (e.g. a hotel in Germany, a beauty salon in Hungary or a café in Romania) cannot take advantage of this opportunity.

For example, running a hotel in Germany through a company in Slovakia doesn't make much sense.

If you can't decide whether it's worth it, contact us and we'll discuss it! 

Flag of Slovakia against Grassalkovich Palace. Residence of the president of Slovakia in Bratislava.
Accounting Slovakia

The most important things to know about setting up a company in Slovakia

  • The whole process of setting up a company can be done remotely.

  • Corporate income tax:

    15% or 21% of the tax base (not profits).

    Please note that in many cases 21% is still less than the 5% applied in many countries, as Slovakia provides a number of tax base reduction items.

  • VAT: 5%, 10% or 20% (23% in 2025)

  • Dividend tax: 10% (7% in 2025)

  • The official currency is EUR.

  • The political situation is stable.

The owner can also be the managing director and does not have to be an employee, so there is no payroll tax or insurance.
The managing director of the company can only be a citizen of an EU or OECD member state or a person with a registered address in Slovakia.
You do not need to deposit the share capital in a bank account (you only need to declare that it has been paid).
Starting a Slovak company in 3 easy steps

Register for a free consultation

Step 1:
Consultation and offer

We need to talk through your goals, what you want to do and how you plan to do it. Here, we will outline possible paths and business forms. If, based on the consultation, we think we can help your business in a meaningful way, we will send you a personalised quote.

But if we see from the conversation that it's not ideal for you to start a Slovak business, we'll tell you that too.

Step 2:
We will prepare the documents for signature within one working day.

Our lawyer is responsible for all administrative tasks. You will only be in contact with us. You will only have one thing to do: return the scanned documents to us after they have been signed and certified.

Step 3:
Establish the company, transfer documents.

We will apply for your business licence (which takes on average 2 working days to issue), register you with the Companies Registry (which takes on average 5 working days) and, if necessary, register you for VAT based on the objectives (the deadline for this varies depending on the type of VAT).
Once everything is in place, we will hand you all the documents and congratulate you on your Slovak company.

Your Slovak company will be up and running in 10-14 days!

Step +1: Further cooperation

By the time we get to this point, you will know exactly what you need to do: keep double-entry books, keep an eye on the official eGovernment gateway, publish annual accounts, provide representation to the authorities, etc.

We can help with these too.

Setting up a business

From 600 €
  • Personalised company formation with documentation in 2 languages (SK/EN or SK/HU)*
  • Virtual seat: from 45 € per month
  • Client gateway (eGovernment) management: from 25 € per month
Frequently asked questions

FAQ

Diagonally orientated question marks and magnifier

No, knowledge of Slovak is not required. The entire administrative process is in English.

It is also possible to set up a company without being present in person.

No, the bank account has to be set up by the company’s managing director, after the company has been registered, which we can also help you with.

Yes, of course, but you will be able to decide during the consultation if it is ideal for you to start a Slovak business.

No, a natural person can be a founder or member of only three limited liability companies (s.r.o.).

However, a one-person company cannot be the sole founder of another company. In the case of multiple founders or members, there is no limit.

No, a Slovak company can operate perfectly legally even without employees.

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info@accountingslovakia.sk

Contact us!

Fill in the consultation form or contact us directly using the contact details below!

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Sign up for a consultation

In all cases, the consultation will be with the Managing Director of Accounting Slovakia, Ing. Péter Márk Szabó.

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In all cases, the consultation will be with the Managing Director of Accounting Slovakia, Ing. Péter M. Szabó,