Slovakia/Bratislava: Company Formation

Company Formation in Slovakia

For Entrepreneurs in Austria

Earn More, Keep More. Reduce your social security contributions and total taxes by up to 70%.

Relocate your business to Slovakia with Zugimpex. Leverage tax advantages and minimize bureaucracy.

  • Taxes, levies, and bureaucracy. The more you earn, the more you lose. Most of the year, you are working only for the tax office. "Nothing can be done about it," says your tax advisor?
  • Establish your company in Slovakia with us. There, you only pay 16.3% or 26.5% tax and save on social security contributions.

(Please note: Zugimpex does not provide services to US citizens and to US residents)

Years of Experience
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Hunderte Firmengründungen
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Rechtssicher
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Results and Success Stories from Entrepreneurs.

I still live in Austria; every trip across the border saves me an incredible amount of money. Every two years, it’s like saving enough for a new Ferrari.
★★★★★
Managing Director liability? Practically non-existent in Slovakia. I finally feel secure.
★★★★★
I was able to settle my shareholder loan within two years. I used to have sleepless nights; now my liability is truly limited.
★★★★★
Pension? I receive my full pension and can still conduct business in Slovakia.
★★★★★
Retained earnings? With my Slovak holding company, I can rapidly reduce hidden reserves.
★★★★★
Two of my best employees had wage executions; it wasn't worth it for them to work. Now they are employed in the Slovak company with an account in a third country. They are highly motivated now.
★★★★★
I can also manage my offshore company through a Slovak holding. This prevents my residence country from attributing those profits to me personally.
★★★★★

Why many entrepreneurs stop earning money after April?

Because for the rest of the year, only the tax office earns.

It may sound dramatic at first, but for entrepreneurs taxed at the top bracket, this is the reality. The more you achieve, the more you give away. Taxes, social security contributions, fees for the license—you quickly reach a point where you must hand over 70% of your hard-earned money.

Added to this are the endless bureaucratic hurdles. Instead of focusing on your business, you spend countless hours on applications, permits, and paperwork for the tax office.

Being an entrepreneur can feel like the most thankless job in the world.

Unless you find a way to reduce your high tax burden…

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How to reduce your total taxes and duties by up to 70%

There are countries where the tax burden for entrepreneurs is significantly lower. You can use this to your advantage.

Isn’t that illegal?

Not if you do it with the right framework. There are clear rules and processes that must be followed to benefit from the tax advantages of another country.

Taxes & Social Security - EN

The following criteria are essential:

01.

Company in a favorable country:

You must establish your company in a country with a lower tax burden.

02.

Working in blocks:

You must regularly make business decisions in that country, but you do not need to reside there permanently. An easily accessible business centre and the location’s proximity to a border ensure that authorities in your country of residence do not incorrectly classify it as a classic “shell company.”

03.

No residency required:

You do not have to live in the country; you only need a fixed establishment that serves as the basis for your business activities.

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  • Why hasn't your tax advisor told you about this?

Because your tax advisor’s primary task is to calculate your taxes correctly and save you from trouble with the tax office. You may have chosen your advisor for exactly that reason at a time when your profits were not as high. Most tax advisors do not actively search for ways to reduce your tax burden in the long term.

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Book a 20 minutes first free consultation.

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Register your company in Slovakia and reduce your tax burden with Zugimpex

Why Slovakia?

Easy to reach:

Slovakia has its own airport and is just a one-hour drive from Vienna airport. This means you can quickly work on-site while simultaneously benefiting from tax advantages.

Lower tax burden and less bureaucracy:

In Slovakia, small corporations pay only 10% corporate tax, while the tax on dividend distributions is 7% (and can be exempt in many countries with the correct structure). With the right setup, the total tax burden on profits is 16.3%. Furthermore, there are fewer bureaucratic hurdles. By taking over a pre-established shelf company, you can start immediately, as documentation and requirements for trade licenses are significantly more straightforward.

What you need to benefit from tax advantages in Slovakia:

A local company headquarters
A fixed establishment where you can work.

You get both with us.

Structure and Acquisition:

We support you in the acquisition of a company with §4 VAT number or the formation of your company and the setup of the appropriate structure in Slovakia. We guide you through every step. A single on-site visit is sufficient; we only require an ID for each person and a criminal record certificate for the managing director. Managing directors from third countries need a residence permit in Slovakia itself.

Our Local Business Centre:

You get access to our business centre in Slovakia, equipped with everything you need: office, printer, and scanner. There is a key safe available, allowing you to work on-site 24/7.

Your Advantages with Zugimpex

Legal Certainty:

With our years of experience, we ensure that your implementation is carried out meticulously and documented accordingly. We work out your structure hand in hand with your tax advisor and plan the processes. Real implementation and careful documentation ensure that your tax advisor can submit documents if the tax office asks for them.

Fast Connection:

Our business center is located near the border, directly opposite the Petržalka train station. You can reach us from Vienna in under an hour by train or car.

Expertise:

From decades of experience with over 3000 consulting projects and from the ongoing cooperation with hundreds of tax advisors and specialist lawyers worldwide, we know how companies can not only save taxes, but also automate, reduce costs and increase sales.

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A corporate structure is only beneficial for you if you...

  • … achieve a sustainable profit of over €60,000 per year.
  • … are EU/EEA/Swiss citizens OR have a residence and work permit in Slovakia.
  • … You have not had or do not have insolvency proceedings.

This is how cooperation with Zugimpex works

Consultation

We start with a consultation to develop your corporate structure. What activities should the Slovak company perform? How can this be designed so that a “free trade” license is sufficient and you save costs? How can you benefit from legal differences and lower labor costs? How can you structure operations in blocks and automate administration? We clarify which structure makes the most sense for you.

Company Formation / Takeover and Notary

We prepare all documents. You visit us once on site in Slovakia, we accompany you to the notary in the neighbouring building, you sign the documents and we take care of the rest. If necessary, there is a procedure with a power of attorney, too.

Business Start in the Business Centre

After signing the acquisition of your company with a §4 VAT number at the notary, you can start immediately, as the takeover formally takes effect on the date of the signature. In the business centre, you have everything you need: office, printer, scanner—and our office right next door, where you can get support at any time if you have questions. You will visit at regular intervals to conduct your business activities from Slovakia.

Ongoing Support

We continue to offer ongoing services, such as accounting, payroll, VAT returns, or annual financial statements. Since our owner has over 35 years of experience in management consulting with thousands of companies, we also help you reduce costs, acquire customers, conclude solid contracts, negotiate skillfully, and secure your assets. While others explain what is not possible, we find solutions every day that help our clients move forward. This allows you to focus on your business while we handle the rest for you.

Consultation

We start with a consultation to develop your corporate structure. What activities should the Slovak company perform? How can this be designed so that a “free trade” license is sufficient and you save costs? How can you benefit from legal differences and lower labor costs? How can you structure operations in blocks and automate administration? We clarify which structure makes the most sense for you.

Company Formation / Takeover and Notary

We prepare all documents. You visit us once on site in Slovakia, we accompany you to the notary in the neighbouring building, you sign the documents and we take care of the rest. If necessary, there is a procedure with a power of attorney, too.

Business Start in the Business Centre

After signing the acquisition of your company with a §4 VAT number at the notary, you can start immediately, as the takeover formally takes effect on the date of the signature. In the business centre, you have everything you need: office, printer, scanner—and our office right next door, where you can get support at any time if you have questions. You will visit at regular intervals to conduct your business activities from Slovakia.

Ongoing Support

We continue to offer ongoing services, such as accounting, payroll, VAT returns, or annual financial statements. Since our owner has over 35 years of experience in management consulting with thousands of companies, we also help you reduce costs, acquire customers, conclude solid contracts, negotiate skillfully, and secure your assets. While others explain what is not possible, we find solutions every day that help our clients move forward. This allows you to focus on your business while we handle the rest for you.

Request a Free Consultation

Book a 20 minutes first free consultation.

Let Us Call You

Request a Callback

We get back within 48 hours!

How to work with us

Book a free consultation directly through the website. We will discuss how you can restart business operations abroad, which functions can be relocated and at what pace, and how the entire process works. By the end, you will know exactly how to start. Every business transaction you handle from Slovakia provides you with an immediate tax advantage.

About Us

My journey as an entrepreneur began as a teenager. It was only briefly interrupted when I lost my mother at 13 and my father at 19; I decided it was better to first learn how to earn money rather than risk my inheritance. Even during my studies, I ran a trading company that was profitable from the very start.

As soon as I completed my studies, a brief period at a computer corporation, and an MBA in America, I founded a management consultancy. Then came the “golden era” of the opening of the East, followed shortly by ISO 9000 certification becoming mandatory for many companies.

In the years that followed, my consultancy successfully executed more than 2,000 projects for around 800 clients across Central and Eastern Europe. In parallel, I have been investing in real estate and corporate holdings ever since.

Naturally, throughout all those years, I also had to solve the question of taxation; I had to structure my group of companies accordingly, but I had seen in the consulting projects how multinational companies handle their tax matters.

After I sold my group of companies in 2005, many friends and former clients continued to come to me for advice when their own tax advisors would not or could not help them further. Thus, I decided to form Zugimpex to support clients exactly the way I would have wanted to be supported myself.

And that is exactly what Zugimpex does to this day. We don’t tell you what isn’t possible. We show you how everything you have always envisioned is achievable.

With Zugimpex, we determine how your restructuring can function with full legal certainty, and we tell you exactly what is required to reach your goal.

Today, we support around 400 companies in their international business operations. The Zugimpex Group consists of over 20 highly qualified employees, including lawyers and tax experts.

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Book a 20 minutes first free consultation.

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FAQ’s about Company Formation & Tax Optimization in Slovakia with Zugimpex

How much tax will I really save with a company in Slovakia?

In Slovakia, small corporations pay only 10% corporate tax, while the tax on dividends is 7%. With the right structure, the effective total tax burden on profits can be as low as 16.3%. This represents a reduction in tax burden of almost 50% compared to some other countries, where the total burden (tax + social security contributions + license fees) often exceeds 65%. This results in significant savings for your business.

Yes, this is possible with the correct structure and strategic relocation of activities. We help our clients utilize the business centre in Slovakia in a legally compliant manner, ensure documentation is collected correctly, and make sure their company is not classified as a “shell company.” This keeps your company tax-compliant and legally secure. Since our founding more than 15 years ago, not even one of our clients has been required to pay back-taxes.

No, EU, EEA, or Swiss citizens are not required to reside in Slovakia to establish or manage a company. Special regulations apply to third-country nationals. You can comfortably perform your duties and continue residing in Austria; for other EU states, the distance to the location and the respective double taxation agreement must be taken into account.

To establish or purchase a company, you only need information regarding your business activities, a passport, and a criminal record certificate for the managing director. We handle all necessary administrative procedures for you.

In most cases, we recommend purchasing a shelf company s.r.o. which is a limited liability company. This is a pre-established company that has not yet engaged in any business activities but is legally fully functional. These companies already have the required §4 VAT number, allowing you to start immediately without undergoing the lengthy incorporation process.

Purchasing a shelf company saves you valuable time and avoids the entire paperwork of a new formation. You can take over the company directly and commence your business activities quickly.

Where appropriate, you can then establish one or more limited partnerships (komanditná spoločnosťi) that provide services, e.g. also to the s.r.o. These entities do not require a Section 4 VAT number as they only issue outgoing invoices; they benefit from the lower 10% tax rate and the specific exemption in tax for foreign partnerships.

If you acquire a shelf company, you can start immediately. A new incorporation typically takes 2–3 weeks, as the company is officially established once it is entered into the Commercial Register.

Not necessarily. We can handle most of the formalities with a certified power of attorney and your criminal record certificate. However, if you live close to Bratislava, a personal visit is more practical, as the notary appointment takes place directly in the building next door. To open an account at a Slovak bank, physical presence is often required to make the sample signature on their device.

The acquisition of a shelf company with a VAT number starts at under €2,000. This price includes not only the legal formalities but also the provision of the VAT ID required for immediate business operations.

The cost of ongoing support depends on the actual workload and the specific needs of your company. We help you manage your company in a legally compliant manner, which includes accounting, tax returns, and the filing of annual financial statements.

However, the true advantage lies in the tax-saving measures you achieve through the right structure and consultation. The savings from tax optimization far exceed the costs of formation and support. Most clients receive €8 in tax savings for every €1 spent on annual costs. Where else can you find such a net return on investment?

Yes, as a shareholder, you can purchase a company with a VAT number. However, the managing director must either be an EU/EEA/Swiss citizen or possess a valid work and residence permit in Slovakia.

The standard VAT rate in Slovakia is 23%. To benefit from input tax deductions, you require a “§4” VAT number. Without this, imports and foreign services can quickly become expensive. Since the authorities are very restrictive when issuing a §4 VAT number, our clients typically purchase a shelf company to bypass the bureaucracy.

In many cases, a combination of an s.r.o. (LLC) and a k.s. (Limited Partnership) is ideal. When there are multiple shareholders, each can benefit from a 10% tax rate for small companies with less than 100.000 € turnover by using their own individual k.s. structure.

Through a correct approach and a well-thought-out, albeit complex, structure. We help you prepare the necessary documentation and can even simulate audits so that you remain secure. When everything is handled correctly, but challenging the structure would require disproportionate effort and unpleasant work for the foreign authorities, their motivation to pursue it decreases—leaving you to operate in peace.

We take over the entire accounting, VAT returns, annual financial statements, and EC Sales Lists (recapitulative statements) for you. Simply send us your bank statements and documents by the 10th of the following month, and we will handle the rest. All you have to do is approve the returns for uploading. Minimal effort, maximum legal certainty.

With the right structure, you can completely avoid social security contributions. By opting for private insurance, you ensure you aren’t paying into a system for others. This leads to significant additional cost savings.

 

The A1 form certifies that you are socially insured in a specific EU country and prevents you from having to pay social security contributions in multiple countries. It is particularly relevant if you operate cross-border—for example, if you work in Slovakia but live or are also active in another EU country.

To obtain the A1 form, a portion of your turnover must be generated with Slovak companies. We support you in setting up this structure correctly so that you can apply for the A1 form and benefit from the advantages regarding social security law.

Yes, especially with a holding structure, you can distribute dividends tax-free to companies and at only 7% to individuals via a partnership. We show you how to set up a Slovak holding and benefit from tax-efficient distributions.

Not for small and medium-sized enterprises. Audit requirements only apply once certain size criteria are met. We advise you on how to avoid these audit obligations, allowing you to enjoy less bureaucracy and more freedom.

No, while you will need a bank account to operate a business, it can be located anywhere in the world. We recommend that all clients maintain accounts at least at two different institutes, as banks sometimes close accounts for statistical reason or make bureaucratic compliance inquiries. In such cases, it is important to be able to use another account immediately so that business operations continue without problems.

With approximately 5,500 banks and 1,500 payment providers in the EU, there is a huge selection, and opening an account is not a problem. Many institutions provide us with a Key Account Manager for our clients, who is personally available to us and happy to clarify questions in advance.

We support you in making the entire process run smoothly.

The biggest risk lies in customers negligence. We help you define the necessary steps so that everything runs smoothly and securely. Those who do not work precisely take unnecessary risks. The tax office pays particular attention to the time that elapses between an inquiry and the submission of documents.

Therefore, our accountants recommend having all relevant contracts and documents ready from the start. If contracts only exist verbally, they can be quickly and formally correctly put into written form with the support of our legal experts and modern AI.

Yes, the sale or liquidation of a company is possible at any time; however, liquidation is rarely the best solution. Anyone wishing to sell a company must ensure that the company is “clean,” have all documents ready, and provide us with a power of attorney. We consistently receive inquiries from clients with all types of risk profiles, and almost all companies generally find a new owner within a few weeks.

Bratislava offers a unique combination of low wages, a liberal economic system, and economic freedoms that provide entrepreneurs with optimal conditions for tax optimization and expansion.

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Find Our Offices In:

Malta

Slovakia

Switzerland

Our Business Centre in Slovakia

Our Slovak office is located directly next to the Petržalka train station in Bratislava; however, our clients can, of course, also utilize our business centres and offices in other countries. Consultations are available both on-site and remotely.

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