Formation of a branch of a foreign person in Slovakia

Branch (organizačná zložka) Formation in Slovakia - 680€

We offer "ALL INCLUSIVE" service - we prepare all documents and client only sign documents in Notary presence or on the Slovak embassy.

BRANCH Incorporation in Slovakia "ALL INCLUSIVE"

Formation of the Branch of a foreign person in Slovakia means the preparation of all necessary documents to establish the Branch, consultation on business activities, arrangement of the trade license, registration of the Branch into the Business Register and Branch registration with the tax authorities for payment of income tax.

Our price includes a registration fee of incorporation, which is by the classical administration of € 300 Since the application is made electronically, we pay a reduced fee.

The price for establishing a new Branch "ALL INCLUSIVE" includes following services:

1. Our trained staff will analyze your needs and will recommend the most appropriate form of business, business objects, etc..
2. Prepare all necessary documents for setting up a Branch
3. Arrange on your behalf issuing trade licenses (valid throughout Slovakia)
4. Prepare and file a motion for registration of the Branch to Business Register, and then take an extract from the Business Register
5. Register your company at tax office to the payment of income tax
6. We will hand over all documents to you and you can start business

The entire process of establishing a Branch typically takes 10-14 working days.

For branch in Slovakia we can provide:

• Virtual office services
• Changes in Slovak companies
• Dissolution of Slovak companies
• Advice on financial planning, the tax optimization

Obligation to use electronic Data Mailboxes from 1.7.2017

All Slovak state authorities after 1.7.2017 comunicate with Slovak companies via Electronic MailBoxes.

If the director of the company is foreign citizen and has not resident in Slovakia, there is no possibility for him how to access to electronic Data Mailbox of his company.

For this reason, we have to offer the service the service - ensure of access to electronic Data Mailbox under power of attorney.

Basic information about Branch in Slovakia:

In Slovak Republic is corporate income tax 15% for turnover up to 100 000€ than 21%. VAT is 20%. In Slovakia is no tax on dividends or share of the profits. Dividend tax for individuals is 7%.

There is NO Minimal capital for branch in Slovakia.

Branch can form one foreign person. Director can be a foreigner (only EU citizens or OECD citizens are allowed) and does not have to have a permanent residence in Slovakia.

Slovak Republic has concluded a treaty on avoidance of double taxation with Australia, Belgium, Belarus, Brazil, Bulgaria, Cyprus, China, Denmark, Finland, Holland, France, Croatia, Italy, India, Indonesia, Ireland, Iceland, Israel, South Africa - South Africa, Japan, Canada, South Korea, Lithuania, Latvia, Hungary, Malta, Poland, Romania, Russian Federation, USA, Germany, Sri Lanka, Norway, Switzerland, Sweden, Spain, Slovenia, Bosnia and Herzegovina, Macedonia, Greece, Nigeria, Great Britain, Mongolia, Tunisia, Turkey, Turkmenistan, Ukraine, Uzbekistan, Serbia and Montenegro, Luxembourg.