Types of Companies in Slovakia
Foreign entrepreneurs can register a company in Slovakia in one of the following legal forms.
Registration Procedure
Company registration in Slovakia is carried out in accordance with the Commercial Code (Obchodný zákonník, Zákon č. 513/1991 Zb., as amended). Since 17 August 2026, entries have been governed by the new Commercial Register Act (Zákon č. 29/2026 Z. z.). The process includes the following steps:
Power of attorney and company name
For remote registration, COREDO prepares and sends the powers of attorney, which are signed with notarial certification and apostille; the client suggests three possible company names.
Memorandum and articles
The memorandum of association and the company’s articles of association are prepared and notarially certified; the powers of attorney and certificates of non-conviction are translated.
Share capital
The share capital — at least EUR 5,000 — is contributed.
Trade licence
The trade licence (živnostenské oprávnenie) is obtained from the District Office (Okresný úrad).
Commercial Register
The documents are filed with the Commercial Register (Obchodný register) — at the registry court or with a notary acting as registrar — for company registration; COREDO communicates with the notary and the court.
Tax registration
Since 1 January 2023, the tax administrator has itself registered companies entered in the Commercial Register for income tax — within 30 days of receiving the register data (Financial Administration of the Slovak Republic, financnasprava.sk).
The application for registration is filed electronically — with the registry court or with a notary acting as registrar; only documents that cannot be filed electronically are submitted on paper.
Tax System in Slovakia
Slovakia offers a differentiated corporate income tax (CIT) system. Since 2025, the CIT rate is 10% for companies with taxable revenue up to EUR 100,000, and 21% for taxable revenue above EUR 100,000 and up to EUR 5,000,000. Since 2025, a rate of 24% also applies to companies with taxable revenue exceeding EUR 5,000,000.
The standard value-added tax (VAT) rate since 1 January 2025 is 23%, with reduced rates of 19% and 5% for certain categories of goods and services.
Dividends paid to legal entities out of profits generated since 2004 are not subject to Slovak income tax. Exceptions include a 35% withholding tax on dividends from profits since 2017 paid to residents of non-cooperative jurisdictions or where the beneficial owner cannot be evidenced. Slovakia also participates in more than 70 double taxation avoidance treaties, creating favourable conditions for international business structuring.
Opening a Bank Account
In practice, a company needs a payment account for its business transactions. Slovak law generally prohibits cash payments above EUR 5,000 (Act No. 394/2012 Z.z.). Under the financial transaction tax (Act No. 279/2024 Z.z.), a company using a payment service provider based outside Slovakia calculates and pays the tax itself. The Slovak banking system is well developed. To open a corporate account, an extract from the Commercial Register, the company’s founding documents, and documents of directors and beneficial owners are required.
Since Slovakia is a member of the eurozone, euro settlements with partners from other eurozone countries carry no currency risk. Banks conduct due diligence (KYC/AML) when opening an account, which may require additional documents regarding the ownership structure and sources of funds.
Registration Timelines
If the application is complete and all conditions for registration are met, the registry court registers the company within two working days of receiving it. A notary acting as registrar has the same deadline, counted from receipt of the application or from the end of a period set for remedying defects. For serious operational reasons, the deadline may be extended by up to ten days. The overall period, including document collection, obtaining a trade licence (živnostenské oprávnenie), and notarial certification, is approximately one month. For remote registration, timelines may be extended depending on the time required for document dispatch and legalisation.
Our Experts
The COREDO team has been working since 2016 and possesses deep expertise in company formation across various European jurisdictions.
Frequently Asked Questions
COREDO specialists provide full support for the company registration process in Slovakia — from document preparation and obtaining a trade licence to registration with the Commercial Register and the tax administration. We have been working since 2016, helping entrepreneurs from dozens of countries successfully build business structures in Europe.
