Temporary Residence – Business as an s.r.o. Director

Being appointed director of a Slovak s.r.o. is one of the ways to obtain temporary residence in Slovakia. Under the law, only a person who is a citizen of an OECD country or who holds permanent residence in Slovakia may act as a director or statutory representative in Slovakia.

If you wish to save time and money when arranging temporary residence, turn to specialists in this field.

On our website you will find more information on how to set up an s.r.o., on our accounting services and on our competitive prices for these services.

Temporary residence as director of an s.r.o.

Costs for residence on the basis of an s.r.o.:

• accommodation consent €300,
• apostille x1 (e.g. Ukraine) – €100,
• criminal record extract (e.g. Ukraine) x1 – €50,
• Foreign Police fees €232,
• Commercial Register and Trade Register fees €66,
• purchase of an existing company (one account balance confirmation is then not needed) – €350
• assistance with opening accounts and obtaining balance confirmations for the business and personal accounts – 2 x €300,
• documentation and filing with the Foreign Police €200,
• documentation and filing with the Commercial Register €100,
• consent to use a registered address for the trade licence – €100.

A person wishing to do business through an s.r.o. must have:

• an existing s.r.o. (step one),
• a registered office for the s.r.o.,
• an apostilled criminal record extract,
• an apostilled criminal record extract from any other EU country in which the applicant has stayed for more than 3 months in the last 3 years,
• confirmation of a personal account balance exceeding €2,500,
• confirmation of a business account balance of more than €10,100,
• two 3 x 3.5 cm photographs,
• an application for temporary residence (step two),
• a revenue stamp worth €230,
• confirmation of consent to accommodation,
• once residence has been granted, registration in the Commercial Register and a court fee of €66 (step three).

A person doing business through an s.r.o. who wishes to renew their residence must pay tax of €4,500 each year.