Most people setting up a company want to know two things: the cost and the timing. Our fee for forming a Slovak limited liability company (s.r.o.) is EUR 300 excluding VAT (EUR 369 including VAT), plus a court fee of EUR 220 for entry in the Commercial Register. That is EUR 520 excluding VAT, or EUR 589 including VAT. The company is usually registered within a week of signing, and you visit our office at Národná 15 in Žilina only once.
The visit is a legal requirement, because when authorising the articles of association the lawyer must verify the founders' identity. Please bring two identity documents. Everything else we prepare in advance by email: we check that the name is available, draft the articles or the deed of incorporation, notify the general trade licences and file the electronic application. The tax office assigns a tax number automatically, so no application is needed.
Share capital must be at least EUR 5,000 (Section 108(1) of the Slovak Commercial Code) and each shareholder's contribution at least EUR 750 (Section 109(1)). Before registration a capital custodian's declaration is enough, so the money does not have to be deposited in a bank first.
A company may have 1 to 50 shareholders. A director must be an individual who is not listed in the register of enforcement orders (Section 133(2)). A person listed as a tax debtor or with social insurance arrears cannot found a company either (Section 105b(1)), so we check this beforehand.
Once filed with the registry court, the application cannot be supplemented or withdrawn (Section 44(5) of Act No. 29/2026 Coll.). Errors can only be dealt with through an objection procedure, which is why a lawyer prepares and files it.
The registry court registers the company within 2 working days of receiving a complete application (Section 58(1) of Act No. 29/2026 Coll.). The trade licensing office issues its certificate within 3 working days (Section 47 of Act No. 455/1991 Coll.).
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In a consultation we assess your situation, suggest a way forward and tell you what costs to expect.
€90 incl. VAT, 30 minutes, in person or online
This page is for general information, reflects Slovak law at the time of writing and is not a substitute for advice on your particular matter.