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. |
| Dividends & payroll taxes | Dividends to individuals are taxed at 7% for profits generated from 2025 (2024 profits carried 10%). Personal income tax runs 19% and 25%, and employer social and health contributions add about 36%, among the heaviest payroll wedges in the EU. |
| 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
Step by step, this is how a Slovakia formation actually runs:
- Prepare the s.r.o. documents. Articles, specimen signatures and the registered office consent; a notarised, apostilled power of attorney enables remote signing.
- Declare the capital. The EUR 5,000 minimum is declared by the capital administrator; no bank deposit certificate is required.
- Trade licence. Free trades are registered electronically at no fee; regulated trades need qualifications.
- Commercial Register filing. The court registers the company, typically within weeks; the electronic filing fee is EUR 150.
- Tax registration and banking. Income-tax registration is automatic; VAT registration is separate, and banks may want the director in person while fintechs onboard remotely.
We handle each step with licensed local counsel, so the paperwork, registered address and filings are done correctly the first time.
What company formation in Slovakia costs
Electronic court registration costs EUR 150 and free-trade licences are gratis, so official setup costs stay under EUR 200 for most founders. A registered office service runs around EUR 100 to 300 a year. Accounting for a small s.r.o. typically costs EUR 100 to 250 a month.
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 fits founders serving Central European clients who want a eurozone s.r.o. with modest setup costs. The reintroduced minimum tax and the declared EUR 5,000 capital make it slightly less lean than Czechia for a dormant or very small vehicle.
After registration: what Slovakia expects each year
Financial statements are filed via the tax return, due within three months of year end with extensions available, and are published in the register of financial statements. VAT returns are monthly at first. Note the minimum tax (tax licence) reintroduced from 2024, from EUR 340 upward by turnover, payable even in loss years.
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.