Slovakia at a glance
Slovakia is one of the EU jurisdictions founders most often use today, especially while the EU-wide 28th Regime (EU Inc) is still a proposal. Below are the verified essentials: company types, tax, capital, timing and whether you can set up remotely.
Company types in Slovakia
- s.r.o. (spolocnost s rucenim obmedzenym) The most popular vehicle: at least one shareholder and one director, EUR 5,000 minimum capital (EUR 750 per member) which can be declared rather than deposited, and liability capped at the capital.
- a.s. (akciova spolocnost) Joint-stock company for larger ventures or equity raises. Requires EUR 25,000 minimum capital.
| Corporate tax | Since 1 January 2025 corporate income tax is tiered: 10% up to EUR 100,000 of taxable income, 21% from EUR 100,000 to EUR 5 million, and 24% above EUR 5 million. A minimum tax (licence) and a 7% dividend tax for individuals also apply. |
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| VAT rate | Standard VAT (DPH) is 23%, raised from 20% on 1 January 2025, with reduced rates of 19% and 5%. Registration is mandatory above EUR 50,000 of turnover. |
| Minimum share capital | EUR 5,000 for an s.r.o., with each shareholder contributing at least EUR 750. The capital may be declared as paid up rather than deposited in a bank. A joint-stock company (a.s.) requires EUR 25,000. |
| Setup time | Usually about 1 to 3 weeks. Once a complete electronic application is filed, the Commercial Register court registers the company within roughly 2 business days, but notarising the deed and securing the trade licence add time. |
| Remote setup | Yes. An s.r.o. can be incorporated entirely remotely with a notarised and apostilled power of attorney. Traditional banks often require the director in person, while fintech accounts (Revolut Business) open online. |
| Director / residency | At least one director is required, with no Slovak residency obligation for EU, EEA or OECD citizens; directors from outside the EU/OECD generally need a residence permit. Every director provides a clean criminal record. |
| Banking options | Slovak banks (Slovenska sporitelna, Tatra banka, VUB, CSOB) typically require in-person verification of a non-resident director; fintechs (Revolut Business, Wise, N26) open remotely. Because s.r.o. capital can be declared, a bank account is not strictly required to register. |
| Our formation service | from around €100 to €200 (estimated). You get a fixed quote in your free plan before you commit. |
Slovakia uses the euro and is in both the EU single market and Schengen. The 10% rate on income up to EUR 100,000 is among the most founder-friendly small-company rates in Central Europe. Note the 2025 changes: VAT rose to 23%, a 24% top corporate rate was added, and a financial transaction tax took effect.
How to register a company in Slovakia
The process is straightforward and, in Slovakia, largely digital. In outline:
- Choose your company type and name. Most founders pick the s.r.o. (limited); we confirm the name is available.
- Verify your identity. Yes. An s.r.o. can be incorporated entirely remotely with a notarised and apostilled power of attorney. Traditional banks often require the director in person, while fintech accounts (Revolut Business) open online.
- File the incorporation. Once documents are signed, registration usually completes in around 1-3 weeks.
- Open a business account and register for tax/VAT. Slovak banks (Slovenska sporitelna, Tatra banka, VUB, CSOB) typically require in-person verification of a non-resident director; fintechs (Revolut Business, Wise, N26) open remotely. Because s.r.o. capital can be declared, a bank account is not strictly required to register.
We handle each step with licensed local counsel, so the paperwork, registered address and filings are done correctly the first time.
Form your Slovak company in days
Tell us where you live and what you are building. Our formation service starts from around €100 to €200 (estimated); we confirm the right structure for Slovakia, give you a fixed quote, and form the company with licensed counsel.
Get your free planWho can form a company in Slovakia
Founders from outside the EU can own and run a Slovak company, with the cross-border requirements handled for you. We flag any residency or local-agent rule for Slovakia up front, so there are no surprises.
Slovakia and the 28th Regime (EU Inc)
EU Inc, the proposed 28th Regime, would let you register one company valid across all 27 EU member states. It is not law yet (expected around 2027-2028), so a Slovak company is one of the ready options you can use today. Forming an EU company now also positions you to adopt EU Inc later, as we cover in how to prepare an EU Inc company. To weigh Slovakia against other countries, see company formation in Europe.