Setting Up a Slovak s.r.o.

Setting Up a Slovak s.r.o.

Setting up an s.r.o. – key benefits

Save yourself the time and expense of dealing with the trade licensing office, the Slovak Commercial Register and the tax office. Let the experts set up your s.r.o. for you.

Our s.r.o. formation service includes:

  • once payment is received, an initial consultation in person or by telephone covering every step involved in setting up your s.r.o. Our specialists will answer any questions you have, point out possible alternatives and help you choose the most cost-effective and time-efficient way to form your s.r.o.,
  • preparation of all documents required to set up your s.r.o.,
  • full handling of the trade licences needed to set up your s.r.o.,
  • drafting and filing the application to register your s.r.o. in the Slovak Commercial Register,
  • payment of ALL court and administrative fees for setting up the s.r.o., so after a single payment there are no further costs,
  • guidance on paying notarial fees for setting up the s.r.o..

Setting up an s.r.o. – further features

  • forming an s.r.o. is the most popular choice among entrepreneurs, which is why the s.r.o. is the most common type of company,
  • an s.r.o. pays income tax on its profits, i.e. tax is levied on the profits the company makes (unlike a v.o.s.),
  • both individuals and legal entities may be shareholders.

Setting up an s.r.o. compared with a trade licence

An s.r.o. offers many advantages over trading as a sole trader, including:

  • neither the shareholders nor the directors are liable for the company’s debts or insolvency with their personal assets,
  • the minimum share capital required to form an s.r.o. is relatively low (5.000 € ), and we can help you arrange it so that you do not have to pay it in cash,
  • it can be founded by a single individual or a single legal entity,
  • an s.r.o. projects a more credible image than a trade licence,
  • setting up an s.r.o. is usually quick (often 9 – 14 working days).

How to set up an s.r.o.

  • the first step in setting up an s.r.o. is choosing the director, shareholder, registered office and company name and providing their details
  • the second step is paying the fee for setting up the s.r.o.
  • the third step is the preparation of documents by lawyers for setting up the s.r.o.
  • the fourth step is signing the documentation for setting up the s.r.o.
  • the fifth step is filing with the trade register
  • the sixth step is filing with the Slovak Commercial Register

As the Data Subject, I also consent, pursuant to Section 91(1) of the Banking Act, to Tatra banka providing to the company, to the extent necessary, the essential details of the conclusion of a banking transaction, including information on the negotiations concerning it and on the fact that, following those negotiations, the transaction was not concluded.

Read more about setting up an s.r.o. in Slovakia