What types of businesses are allowed to open?
Citizens from other countries arriving in Slovenia in 2023 to organize a commercial business at the first stage are allowed to open:
- LLC (limited liability company).
- Affiliated companies.
- Representative offices (dealer centers, branches).
Over time, with successful activity, the go-ahead is given to organize enterprises of other forms.
Limited Liability Company
The procedure for registering a company in Slovenia, such as an LLC, is allowed if there are 15 founders who do not have a criminal record.
The process begins upon presentation of the tax number to the registration authority. That is, you need to visit the fiscal service and present the necessary documents there. The presence of all founders is required.
The registration authority begins reviewing the submitted documents in the presence of all the founders and the management corps of the Slovenian organization being created. Options for a foreigner to form an enterprise are allowed, when in one person he is the founder and director.
Before the start of the event, an individual opens an account in a Slovenian financial institution into which 7,500 euros of authorized funds are placed.
Subsequently, the money is allowed to be spent on fiscal payments and salaries of full-time employees. You can purchase equipment, spend money on upgrading your computer base, and improving the work of office staff.
Affiliated undertaking
It is required to provide the tax number of the parent organization and the head of the new commercial structure. A mandatory document to present is a certificate of good conduct in the country.
Registration of a subsidiary in Slovenia requires the personal presence of the head of the parent organization and the future chief manager of the subsidiary. 7,500 euros of authorized capital are placed in an account opened in a bank in the country.
Representation
Registering a branch is easy. The procedure is unified to the point of impossibility, which facilitates the influx of foreign investment into the country. A simple algorithm of actions is proposed. Mandatory requirements – provide:
- Tax number.
- Certificate of good conduct on the territory of the Balkan state.
It is not necessary to open a bank account in a state financial institution for authorized capital, since this was done a priori by the parent organization.
Credits and advances
The state of Slovenia, in which business immigration to its territory is welcomed, does a lot to financially support established organizations at the first stage of economic and industrial development. The government of the country, through a special program, helps develop business in Slovenia.
After a year of work, the government helps small foreign companies develop business in Slovenia, paying a lot of attention to the issue. A loan is issued to intensify and expand commercial activities.
Lending is carried out by banking structures on generally accepted grounds.
You can get a loan by first submitting a business plan and fulfilling the necessary bank requirements.
A legal entity that has formed a company in the country can count on a bank loan after 12 months of operation of the organization. There are also deviations from the rule.
The development of promising businesses in Slovenia receives financial support from the European Commission and the government. The European Commission and the country’s government issue loans without charging interest, as well as non-repayable loans.
Extension of deadlines
The Government of the Republic of Slovenia, through directive documents, changed the previously existing approval schedule and time for transfers of borrowed funds. At the same time, changes occurred in the quantitative staffing of small commercial organizations applying for preferential loans.
Today, not 3 workers are required, but only 2 specialists. The minimum borrowing limit has been lowered, which is now 30,000 euros (previously it was more).
Who is guaranteed lending?
The Republic today offers good prospects for the development of small commercial organizations formed by foreign citizens. Slovenia has created conditions for everyone who has organized and conducts business activities in accordance with the requirements of the national law ZGD-1 on companies. The company’s eligibility criteria are:
- According to a certain classification, MSP must belong to small, medium-sized commercial companies.
- Have an average number of employees, but not less than three people.
- The commercial organization operated in the country for 24 months.
- Financial and credit institutions accept applications for borrowed funds exclusively through their Internet resources.
As the context suggests, opening a company in Slovenia is not difficult.
Buying a small business
Currently, by purchasing a ready-made business in Slovenia, a foreigner has the opportunity to occupy a “pure” niche in the specialized liquid market. Actively produce liquid goods and improve paid services.
The point is that the opportunity opens up for extremely accurate forecasting for the short and long term. Purchasing a ready-made company guarantees its productive development.
When purchasing a restaurant, a commercial enterprise, a beauty salon, a hairdresser, or a mini-hotel, it will not be difficult for a foreign buyer to calculate the development prospects and draw up a creative business plan for themselves. There is no need to register, go through the zero development phase, take out a loan, and so on.
Business immigration to Slovenia in 2024
A foreigner who decides to immigrate for business should first prepare for an important action in life. It is necessary to clarify the purpose of intentions and capabilities, in particular:
- Make sure you have sufficient cash, acquired legally.
- Have the opportunity to make a deposit in a foreign financial institution in the amount of 10 thousand to 100 thousand euros.
- Be able to document your personal high qualification level.
- Demonstrate work experience, confirming it with real documents.
- Prepare in advance the legal address of the formed company.
- Find a permanent residence location.
- Have an impeccable reputation as a person with no criminal record in your home country.