Limited Liability Company
The limited liability company is the most frequent form of a commercial company in Slovakia. It is popular in particular for the low costs connected with its establishment and management as well as for the limited liability of its shareholders.
natural persons as well as legal entities (a 100 % foreign participation is possible)
Number of Shareholders:
1 – 50
Registered Capital:
SKK 200,000 SKK or EUR 5,000 – the use of the registered capital within the conduction of business activities of the company is possible. It shall be sufficient when a confirmation related to the payment of the registered capital is issued by the authorised shareholder.
In the case of a full payment of the registered capital, the company shall be solely responsible for all its liabilities. Thus, the shareholder is practically not responsible for the liabilities of the company.
Statutory Body:
one or more executives (a residence in Slovakia is not required)
Supervisory Board:
not required
The establishment of a registered seat is required.
In the case that you do not have own premises at the disposal for the establishment of a contact address, we will be pleased to offer you our service of shared registered seats (the so-called virtual office).
Trade Licence:
Registration with the competent trade licence authority is necessary (the holder of the trade licence is the company).
Commercial Register:
The registration with the competent company register is inevitable.
Tax Duties:
19 % income tax (no additional taxation of distributed profits – dividends in Slovakia)
Recommended for:
For all entrepreneurs who plan to establish a subsidiary with own legal personality in Slovakia.