- Ultra-fast company transfer
- All clear - fixed cost - no surprises
- Easy - just pick the company and tell us when you coming
- Good relationship with most important bank.
- Unlimited bank accounts - no caps/no limits
- Foreign bank accounts
- physical office arrangement/ staff recruitment & accounting
- tax inspection handling / EORI & GIOS
- WDL Trading / Energy / Electricity / Natural gas trading licenses
Slovakia, known also as the Slovak Republic, is the 20th biggest EU country in terms of area and the 19th in terms of population. It is situated east of the Czech Republic with which it used to constitute one country, Czechoslovakia. From 1993, Slovakia is an independent state. It jointed the European Union in 2004 and adopted euro as its official currency in 2009.
To establish a business entity, you need to register it in the Business Register maintained by Slovak Ministry of Justice. For investors, the most attractive legal structure is limited liability company (spoločnosť s ručením obmedzeným or s.r.o.), the equivalent of the British Ltd. company. An s.r.o. may have up to 50 shareholders. One person is permitted to be a sole shareholder in up to three business entities. However, a legal entity with a sole shareholder cannot be a sole shareholder in another enterprise.
The minimum capital required for establishing an s.r.o. in Slovakia is 5,000 EUR. Minimum shareholder contribution is 750 EUR. This amount needs to be paid up in full if an entity is founded by a sole shareholder. Limited companies are required to establish a reserve fund no smaller than 10% of the share capital.
Trading companies are under obligation to apply for a licence from Trade Licencing Office. A natural person who wishes to become a director of a limited liability company in Slovakia needs to present a criminal record clearance certificate.
Corporate tax in the Slovak Republic is 21%. The same rate applies to capital gains. Companies are taxed on their global income and are under obligation to file annual tax returns at the end of each calendar (or financial) year. A 100% tax credit with regard to research and development expenses is in force. Losses may be carried forward for four years. Slovak law does not allow loss carryback.
Slovakia has been experiencing robust economic growth since the 2000s. The country is known as the centre of European automotive industry. Other important business sectors are machinery, electronics and steel. The country’s main trading partners are Germany, Czech Republic and Austria. Slovakia ranks 61st in the nominal GDP index.
Slovakia is a parliamentary republic with a multiparty political system. Slovak law is based on the Constitution that was ratified in 1992. The President is the head of state, although their powers are limited. The sole legislative body is the National Council (Národná rada), a unicameral parliament of Slovakia, whose members are elected every four years through general suffrage. The government of the Slovak Republic is chaired by the Prime Minister.
In Slovakia there are over 20 active holders of the banking licence. Most of them have foreign shareholding. The market is dominated by three financial institutions: Slovenská sporiteľňa (Erste Bank Group), VÚB Banka (Intesa Sanpaolo) and Tatra Banka (Raiffeisen Bank International). The banking sector is known for modern solutions and high level of digitisation.
All companies are equal before the law.
A good formation agent is what makes a difference.
ShelfCompanies24.com is one of the leading providers of ready made companies and special purpose vehicles (SPVs) as well as other investment structures delivering outstanding service at very reasonable prices and at highest speed. We have setup and sold hundreds of companies. Our company is considered trustworthy and reliable by our clients as well as by many professional law firms and tax advisers.
What is very unique in our style of operation is the fact that we have our ready made companies already registered in many various countries. All other providers have one address where they keep their shelf companies registered so that client wishing to buy more than one company with different address cannot be satisfied.
Many competitors may be offering lower prices however this always is at the expense of service and provided company quality. Our core activity is company formation and sale of ready made companies thus all members of our team have appropriate professional background. Our shelf companies are formed in accordance to all relevant laws and procedures by the team of qualified and experience professionals and lawyers. On the other hand the maintenance of our ready made companies is performed by licensed and proficient accountants and tax advisers. Therefore our clients can be sure that a shelf company they buy from us is clean, with no debts or tax issues, is formed professionally and its Articles of Association are of high quality.
Our main clients are private investors, traders, law, audit, accountancy and tax advisory firms as well as banks and investment funds. Throughout the years of activity Shelfcompanies24 has been enjoying the reputation of the fastest and most responsive shelf company provider.
Our ready made companies have been formed and maintained by our team. Therefore we always guarantee their quality and that they are debt free, with no trading history and consequently riskless to build new ventures on.
Our services do not finish on the sale of shelf companies or company formation. We provide also many other related and necessary services so that we can be treated as a one stop shop in a business setup in many countries. We are also experts in tailor made company formation as well as compliance and registering various changes within the company like director appointments and dismissals, company name change, share capital increase or decrease, company address change and many other issues.
We also provide tax and legal advisory services that are inevitably required by the businesses. We cooperate with many reputable tax and legal advisory firms whose services we can also recommend when the nature of the problem requires certain field specialist engagement.
For those clients who have a need to present their companies documents in foreign countries we provide apostille and translation services. After company sale documents can simply stay with us for the purpose of their apostille or legalisation and sworn translation to any desired language. This service is mainly required when there is a need to open a foreign bank account for a shelf company.
Furthermore we have agreements with many different accounting offices so that we are able to offer a wide choice of the particular accountant that will be dealing with client’s company. Also in case two or more of our clients are trading partners we can ensure that their books will be handled by separate and independent accountants.
Ultimately we can also support with a procedure of liquidation/bankruptcy of a company if a client wishes to withdraw their business presence. In this case we can either manage the process of liquidation or bankruptcy on client’s behalf or simply just dispose the assets and takeover the company so that the clients can enjoy fast exit.
The company delivered a ready-to-go business, with VAT and EU VAT registration. Paperwork and the whole re-registration process was handled efficiently. I recommend this to anyone looking for a no-hassle company acquisition.
Company name of your choice? Check. Accounting services? Check. Help with tax authorities? Check. Finding a translator? Check. What can I say, these people are great and can help you with just anything.
We needed to start building our presence in Poland fast, and a ready-made company seemed like the best option. We got presented with several location choices, picked the company name, signed some paperwork and were good to go. We got a company that was VAT-registered, with multiple bank accounts, just as we wanted.
Thank you for all the help. Your after-sale support is what sets you apart from the competition. It was important for me to get comprehensive company services at one place, with accounting, banking, tax issues handled for me, etc. I got everything I needed.
I really recommend this website if you are looking for a shelf company in Poland. The companies are already registered, with no history and all documentation in place. This is really a great solution if you want to start your business ASAP. And the range of available post-sale services is just amazing.
Thank you for your support! Your advice was invaluable. Polish tax and legal provisions can really be a pain in the neck, but with your help I am able to get going.
Not only did we need a new company, but also someone to take care of our accounting and compliance. Now, we must say ShelfCompanies24 helped us to transition smoothly into the Polish market. Good work, guys!
The company indeed delivers what it promises. I was able to start business in less than no time, with all the formalities taken care of by a super nice team of people. This is a good stop if you want a ready-made company operating in Poland.
Adrianna has completed a master degree in law at European School of Law and Administration. At ShelfCompanies24.com Adrianna is responsible of customer service, logistics as well as relationships with the banks.