IT Company
registration
in Slovakia

Business advantages of Slovakia for IT

Moving to Slovakia is also called “business immigration.” This is due to the conditions that apply to those wishing to relocate. This option is great for freelancers, IT professionals, and large business owners.

More factual advantages of Slovakia can be found in the Doing Business 2020 report.

Company registration in Slovakia

Today, the most common legal form of a company in Slovakia is a limited liability company (s.r.o.). Therefore, those wishing to do business in Slovakia choose, as a rule, s.r.o.

Basic information about s.r.o.

• In Slovakia, obtaining a residence permit and business registration are closely related. Therefore, to register a legal entity, it is necessary to start obtaining an s.r.o.
• The need for a nominee director of the company for the time before obtaining the residence permit
• A legal entity in Slovakia does not have to pay health and social insurance contributions if there are no employees.
• The company owner is liable only for the contribution to the share capital, unlike a sole proprietorship which is responsible for all of its property.

The process of registering a legal entity in Slovakia

• Pay the state fee for the registration
• Register at the Entrepreneurship and Commercial Register
• Register with the tax office
• To obtain a tax number
• To open a bank account
• Registered office
• Register as a VAT payer

Taxation in Slovakia

• Slovakia has a progressive income tax scale — the higher the income, the higher the tax.
• The standard income tax rate for 2022 is 21%.
• A reduced income tax rate of 15% for 2022 applies to taxpayers of legal entities, entrepreneurs, and sole proprietors who receive taxable income (income) up to 49790 euros for the relevant tax period.

If you have decided to register a self-employed person in Slovakia, we advise you not to delay and start the process today.

The Finevolution team will provide expert assistance on:

• Obtaining temporary residence status for Ukrainians
• Opening an individual entrepreneur in Europe
• Opening a bank account in banks in Europe
• Account opening in the payment systems
• Accounting support for individual entrepreneurs
• Accounting support of legal entities
• Business and legal advice on business immigration and relocation of companies

Our working hours are 9:00-19:00 from Monday to Friday. Send a request through the form below or a message on Telegram/Viber, Whatsapp for consultations.