#

Starting a Business in

Slovenia

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Slovenia. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 190 economies. The most recent round of data collection was completed in June 2016.

Compare Slovenia to 189 other economies.

  • No. Procedure Time to Complete Associated Costs
    1

    Deposit capital in a bank account and get a receipt from the bank

    Agency: Commercial Bank

    The minimum founding capital is EUR 7,500. The founding capital or the base capital contribution can be paid in cash or as a non-cash contribution. Non-cash contribution includes movables, real property, rights or any other non-cash assets. Before filing the application for entry, the partner must provide at least one-quarter of the nominal capital, and the total value of all guaranteed contributions must be at least EUR 7,500.

    In order for the entrepreneurs to be able to file the application for registration at the e-VEM access point, they must demonstrate a certificate on the paid-in founding capital. The deposit account where the founding capital is deposited can be opened at a bank teller or electronically via the e-VEM web portal, which some banks already support and others are expected to join the system in the near future. The participating corporate banks allow e-VEM points to check for themselves whether the capital has been deposited to the bank account, and they can print out the certificate on the payment of the founding capital using the bank's information system data.

    1 day no charge
    2

    Register at a VEM entry point or at a Notary Public

    Agency: AJPES

    Founders may establish a LLC at the VEM point under two conditions: (1) all the contributions have to be paid in cash and prior to the registration of the company (2) the articles of association have to be drafted in a special form (only mandatory and most common provisions can be incorporated in this form).

    If these conditions are not applicable, the company can be registered at the Public Notary

    In order to found an LLC, founders have to visit the VEM entry point in person, as an authorized person has to carry out their identification. VEM points will allow procedures to be done online:
    • Limited Liability companies can go directly to the VEM, the deed is sent to point VEM or to the registration body through electronic channels, it must be signed by means of a safe electronic signature with qualified certificate (the qualified certificate is the special digital certificate for identity check and electronic operation at the VEM point services).
    • Standard Articles of Association: help the founders to draft the articles of association, verify their signatures where necessary and draft the corresponding preposition for registration of the company at the court register. However it is still the common practice to have the statutes and the article of association prepared and certified by the notary.
    • Publication: Even if this requirement is not mandatory anymore, E-VEM allows for the company information to be available online.
    • Register with the Statistical Office of Slovenia: the court register automatically forwards all the required information to AJPES. The information is then entered in the Business Register and published online. Court register and business register are technically united in one information base and are now both run by AJPES.
    • Register with the tax administration - the tax information is transmitted through E-VEM and data is entered automatically when it is received from E-VEM.
    • Register with the Health Institute.

    The founders have to obtain a written permission of the owner of the real estate where the company will operate (address of the company). The signature of the owner has to be certified.

    5 days on average no charge
    3

    Register employees with the Pension and Disability Insurance Institute of Slovenia (ZPIZ)

    Agency: Pension and Disability Insurance Institute of Slovenia (ZPIZ)

    Employees must be registered with the relevant social security agencies from the date of commencement of work under their employment contracts.This can be done electronically via VEM.

    Less than one day (online procedure) free
    * 4

    Register for VAT

    Agency: Financial Administration of the Republic of Slovenia (FURS)

    If the company is expecting to have annual turnover exceeding EUR 50,000, it needs to immediately after the incorporation register for VAT with the Financial Administration of the Republic of Slovenia - FURS (Finančna uprava Republike Slovenije). A complete form can be filed with the Financial Administration of Republic of Slovenia electronically via: http://edavki.durs.si
    The company fills out a DDV-P2 form for obtaining a VAT registration number. The company must enclose to the DDV-P2 form any contracts or pre-contractual arrangements, business plans, invoices for the purpose of performing business activities etc.

    Less than one day (online procedure) no charge

    * Takes place simultaneously with previous procedure.