Company Formation Slovakia

/Company Formation Slovakia
Company Formation Slovakia2018-07-31T09:58:15+00:00

 Company Types in Slovakia

s.r.o., or spoločnosť s ručením obmedzeným, is the most popular company type. It is similar to limited company or Ltd. Unlike a.s., the s.r.o. does not issue shares, but only membership interest. The difference between shares and membership interest is in the technicalities of transfer of the ownership in the company.

Liability limitation– members of the s.r.o. are not responsible for the debts or bankruptcy of the company. This insulation of liability applies to private creditors as well as tax office.

Tax status – the income and expenses of the s.r.o. are taxed on the company level. Income after tax can be distributed to members who might be required to pay dividend tax or health insurance on such distributions depending on their place of residence.

a.s., or akciová spoločnosť is similar to limited company. Unlike s.r.o., a.s. issues shares, however, these shares cannot be in the form of bearer shares, but must be registered.

Liability limitation – the shareholders of a.s. enjoy protection of their assets against debts of the a.s., including debts of tax office or private suppliers.

Tax status – the income and expenses of a.s. are subject to taxation on the company level, and might be subject to tax second time if they are distributed to the shareholders with residency in jurisdiction having a dividend tax.

Liability limitation– members of the s.r.o. are not responsible for the debts or bankruptcy of the company. This insulation of liability applies to private creditors as well as tax office.

Tax status – the income and expenses of the s.r.o. are taxed on the company level. Income after tax can be distributed to members who might be required to pay dividend tax or health insurance on such distributions depending on their place of residence.

k.s., or komanditná spoločnosť, is similar to Limited Partnership, who has two types of members. One type is limited partner and second type is unlimited partner.

Liability limitation – the limited partners enjoy protection of their assets from debts of the k.s., but the unlimited partners are liable for the debts and payable tax of the company.

Tax status – income and expenses of the company are first divided in two groups. One group is assigned to limited partners and is subject to taxation on the company level and then potentially if paid out to limited partners also on the level of the limited partners at the dividend tax rate, if such tax is applicable in the home jurisdiction of the partner. Second group is assigned to unlimited partners and is taxed only once on the level of partners.

v.o.s., or verejná obchodná spoločnosť, is similar to general partnership.

Liability limitation – the members of the v.o.s. are liable for the debts and payable tax of the company.

Tax status – the income and expenses of the are taxable only once on the level of the partners.

 Tax Rates in Slovakia

Corporate income tax rate: 21%
Individual income tax rate: 21%
VAT tax rate: 20%

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Form and Fees

Company Formation Slovakia