Starting a business in Slovenia
implies completing several steps among which preparing and filing the documents with the Trade Register
is the most important. The procedure of setting up a company
is the same for local and foreign investors who want to run operations in this country, therefore the Companies Registrar
will be in charge with the incorporation of all types of companies.
Company registration is not the only task of the Slovenian Business Register, as it is one of the most important authorities in the country.
Below, our company formation agents in Slovenia
explain the main roles of the Companies House
. We can also assist foreign investors who want to register various types of entities in this country.
What is the Slovenian Business Register?
The Agency of the Republic of Slovenia for Public Legal Records and Related Services (AJPES) has the following attributions:
- preservation registering (by managing the SBR-Slovenian Business Register);
- gathering, processing and issuing of yearly reports, statistical surveys;
- data gathering;
- other trading activities.
The Slovenian Business Register (SBR)
is the centralized database for all the commercial Slovenian entities
. In order to open a company in Slovania
, one must first register it with the Court Company Register, which is a part of SBR. The Court is divided into the primary book (used for registering data regarding commercial entities) and the documentary cache (contains the documents submitted for registration). Our experts
in company formation matters in Slovenia
can give you more details about this institution.
The main functions of the Business Registry in Slovenia
to receive and register all the documents associated with the incorporation of all legal entities acknowledged by the Company Act;
to keep records of all documents related to the creation of new and existing companies;
to maintain an updated database on all companies incorporated in Slovenia;
to issue various documents such as certificates and trading name reservation forms;
to register all amendments and changes brought to legal entities;
to reply inquiries about the various types of companies in Slovenia.
The Slovenian Trade Register must be updated permanently and will also collect various company registration fees.
Considering it was created under the same regulations that provide for the types of companies that can be incorporated in Slovenia, namely the Company Law, it will also comply with the requirements imposed by this act.
If you need advice on how to complete various formalities with the Companies Registrar, our Slovenian company formation advisors are at your service.
Legal entities that can be incorporated with the Slovenian Trade Register
According to the Slovenian Company Law, all legal entities that perform simple or complex operations must be registered with the Trade Register based on several documents.
With respect to the legal forms that can be created, these range from the sole trader or sole proprietorship
to public companies. Foreign companies seeking to operate in Slovenia
must also provide information to the Trade Register
and incorporate branch offices or subsidiaries. However, cooperatives, associations and non-profit organizations must also submit their information with the Registry.
Simply put, the following legal forms can be registered with the Trade Register in Slovenia:
- sole proprietorships,
- private limited liability companies,
- public limited liability companies,
- branch offices,
- representative and liaison offices.
The main difference between the registration procedures associated with the above-mentioned entities imply the documents that need to be prepared, as well as the minimum amount required to create some of the complex types of companies.
It should be noted that the procedure of starting a company in this country does not end once the Certificate of Registration is issued, as the business must also be registered with the Financial Administration
and obtain various operating licenses.
If you are a foreign investor and want to start a business, our company registration officers in Slovenia are at your disposal for guidance. We can also handle the procedure on your behalf through a power of attorney if you want the formalities to be completed as quickly as possible.
How can a company register with the Slovenian Business Register?
All the application from the companies may be submitted to the SBR in two ways: online on the e-VEM portal or at any VEM office across the country. If the application is made online, the authorized signature must be certified first.
The registration documents must be drawn in Slovenian or accompanied by a certified translation in Slovenian. The entities that must be registered are: the companies, the partnerships, sole traders, private entities, branches, societies, other units.
The company registration procedure in Slovenia must be accomplished no longer than 15 days since the incorporation documents were signed.
The requested documents for each type of business may differ. All the entities must provide information regarding the founders (name and address), the company (name and address), management scheme, company duration (if it’s a limited one). A limited liability company
and a joint stock company
must issue details regarding the share capital, unlike the partnership or sole traders were the minimal share capital is not requested.
As a result, the company will receive a registration number, a work code and an institutional field.
Any change in the company status must be reported immediately to the court register. The liquidation, transformation, merger are all subject of registration and our specialists in company formation in Slovenia are ready to assist you in any of these procedures.
Company due diligence with the Trade Register
Foreign businesspersons or companies interested in entering partnerships or ventures with Slovenian entities
can use the Slovenian Business Register
as a tool to inquire about the local companies. This way, they will find out important details with respect to the incorporation, share capital, shareholding structure and management of local businesses.
We can also perform company due diligence procedures on behalf of those who need information on Slovenian companies.
How can information be checked in the SBR?
There are two ways the information from the Slovenian Business Register can be checked: on the ePRS web portal or by issuing printouts at request. The printouts are issued if the entrepreneur is filling a special order form. An investor may have access to this information weekly or monthly at a special request.
The printing of the information is charged, unlike the electronic information. All the information is updated daily, so the ePRS is an efficient instrument for the entrepreneurs.
Business operations in Slovenia
The Trade Register in Slovenia keeps updated information on all companies incorporated and deleted from its database. By the end of September 2020, the following information was gathered by the Registrar:
- there were 98,620 sole traders registered with the Companies House,
- the total number of companies operating in this country was 73,598,
- there were also 24,065 associations with activities in Slovenia,
- the number of non-profit organizations in Slovenia was 8,961
- there were also 476 cooperatives registered with the Trade Register.
The process of registering a company in Slovenia
can be handled by our local company incorporation agents, who have a wide experience in helping investors open companies in the country. Do not hesitate to contact our Slovenian company formation consultants
for a personalized offer.