How Much Does an s.r.o. Company in Slovakia Cost in 2026? Full Breakdown
Key facts about this article:
- Thompson&Stein registers an s.r.o. in Slovakia for a one-time fee of EUR 1,300.
- The minimum share capital for a Slovak s.r.o. is EUR 5,000 and does not need to be deposited into a bank account before registration.
- Slovakia applies a three-tier CIT system: 10% (up to EUR 100,000 revenue), 21% (up to EUR 5 million) and 24% (above EUR 5 million).
- The standard VAT rate in Slovakia is 23% since 2025.
- Monthly accounting with Thompson&Stein starts from EUR 350 per month net.
- A tax residency certificate costs EUR 500, registered address EUR 500 per year.
- Total first-year operating cost (registration + address + accounting) starts at EUR 6,000 net.
Slovakia sits at the heart of Central Europe, a eurozone member since 2009 with a stable legal framework and full access to the EU single market. Foreign entrepreneurs – EU citizens included – can register an s.r.o. remotely through a power of attorney, without visiting Bratislava at any stage. Before committing, the numbers matter. This article gives you the full cost picture.
See how comprehensive company formation in Slovakia works — go to the service page and learn the details of registration, legal support, and accounting.
What is a Slovak s.r.o.?
An s.r.o. (spolocnost s rucenim obmedzenym) is Slovakia’s private limited liability company – the direct equivalent of a German GmbH, French SARL, or Italian s.r.l. Shareholders are liable only up to the value of their contributions; personal assets remain protected.
The s.r.o. admits between 1 and 50 shareholders. A single individual can serve as both sole shareholder and managing director (konatel). Minimum share capital is EUR 5,000, with each shareholder contributing at least EUR 750. Since 2016, Slovak law no longer requires proof of a bank deposit – a written declaration from the capital administrator is sufficient.
The company operates in euros, eliminating currency risk on intra-EU transactions. It receives its own Slovak tax identification numbers (ICO and DIC) and can register for VAT either voluntarily or mandatorily once annual turnover exceeds EUR 50,000.
How does s.r.o. registration work - step by step?
The entire process is handled by a Thompson&Stein employee based in Bratislava, acting as your legal representative. No client visit to Slovakia is required at any stage. The process consists of 6 steps and takes 14 days from receipt of a complete set of documents.
Step 1 - Company name check
The chosen name must be unique and not reserved in the Slovak Commercial Register. We verify availability before any documents are prepared. Having 2-3 name alternatives ready avoids delays if a conflict is found.
Step 2 - Notarised power of attorney
We prepare a power of attorney authorising our representative to act on behalf of the shareholders and the future management of the company in Slovakia. The document must take the form of a notarial deed – the client signs it before any notary in their country of residence. No travel to Slovakia is required.
Step 3 - Articles of association signed before a Slovak notary
Using the power of attorney, we schedule an appointment at a notary’s office in Bratislava. The notary drafts and notarises the articles of association (spolocenska zmluva) and all other documents required for registration. This step is completed by our representative – the client is not present.
Step 4 - Filing with the Commercial Register
The complete document package is submitted to the competent registration court. The application must be filed within 90 days of signing the articles of association. Once reviewed and approved, the company receives its ICO identification number and becomes a legal entity.
Step 5 - Delivery of corporate documents to the client
Following successful registration, we send the client the full corporate document pack: Commercial Register extract, articles of association, ICO number, and all founding documents. At this point the company is formally registered and ready to operate.
Step 6 - Tax registration and VAT
Within 30 days of registration, we complete the company’s registration with the competent Slovak tax authority (danovy urad). At this stage, voluntary VAT registration is also possible – mandatory registration applies only once annual turnover exceeds EUR 50,000. Whether to register for VAT immediately depends on your business model and counterparty base.
See how comprehensive company formation in Slovakia works — go to the service page and learn the details of registration, legal support, and accounting.
Registration costs for a Slovak s.r.o. with Thompson&Stein
The one-time registration fee is EUR 1,300 net, covering the full process: drafting the articles of association, notarisation through our Bratislava representative, filing with the Commercial Register (Obchodny register), and delivering the English-language extract to the client.
Service | Price (net) | Type |
|---|---|---|
s.r.o. registration | EUR 1,300 | One-time |
Registered address (12 months) | EUR 500 | Annual |
Tax residency certificate | EUR 500 | On request |
Commercial Register extract | from EUR 20 | On request |
Correspondence handling | from EUR 70 | Monthly |
Company dissolution | EUR 1,800 | One-time |
All prices are net.
Registered address in Slovakia - what it covers
Every s.r.o. must maintain a registered address in Slovakia entered in the Commercial Register. Without a physical office in Bratislava or another Slovak city, an address service provider is required. Thompson&Stein’s registered address service costs EUR 500 per year and includes a physical address, receipt of official correspondence, and client notification of incoming documents.
The registered address also determines which tax office your company falls under – a detail that has practical implications for day-to-day compliance.
Tax residency certificate - when do you need it?
A tax residency certificate confirms that your s.r.o. is a Slovak tax resident. It is required whenever you want to apply the Slovakia bilateral double taxation treaty to withhold tax on dividends, interest, or royalties. Counterparties in other EU member states frequently request it. The fee is EUR 500, issued after the company is registered with the Slovak tax authority.
Accounting costs for a Slovak s.r.o.
Slovak law requires full double-entry bookkeeping for every s.r.o. There is no simplified cash-basis option. Accounting services for Slovak companies are provided by nexa.tax, Thompson&Stein’s accounting subsidiary specialising in international corporate accounting.
Monthly retainer - from EUR 350
The base accounting retainer covers bookkeeping, monthly tax declarations, VAT reporting, and payroll administration. It starts at EUR 350 per month net, with the final price depending on transaction volume and business complexity.
From 2026, Slovakia is rolling out mandatory e-invoicing for all VAT-registered entities – companies must be equipped to send and receive electronic invoices through a certified provider. This requirement is included in the retainer scope.
Accounting service | Price (net) | Type |
|---|---|---|
Monthly accounting retainer | from EUR 350 / month | Monthly |
Junior bookkeeper / analyst | EUR 80 / h | Hourly |
Senior Accounting Partner | EUR 160 / h | Hourly |
All prices are net.
Hourly rates - when do they apply?
Hourly rates apply for non-standard engagements: due diligence reviews, tax analysis of capital transactions, support during tax audits, or structuring consultations. Junior bookkeeper / analyst is charged at EUR 80/h, Senior Accounting Partner at EUR 160/h. Transparent pricing with no hidden fees is a core principle at Thompson&Stein.
Taxes in a Slovak s.r.o. in 2026
Slovakia underwent significant tax changes in 2025-2026. Anyone planning to incorporate an s.r.o. here should understand the current framework before deciding.
Corporate income tax (CIT) - 3 tiers
Slovakia operates a three-tier CIT structure since 1 January 2025: 10% for entities with taxable revenue up to EUR 100,000 per year; 21% for revenue between EUR 100,000 and EUR 5 million; and 24% above EUR 5 million. For most foreign entrepreneurs establishing an s.r.o. as an operational vehicle, the effective rate will be 10% or 21%.
From 2026, a minimum CIT applies regardless of actual results: EUR 340 per year for entities with revenue up to EUR 50,000; EUR 940 from EUR 50,000 to EUR 250,000; EUR 1,920 from EUR 250,000 to EUR 500,000. Even a loss-making company pays the minimum tax.
VAT - 23% standard rate
The standard VAT rate is 23% since 1 January 2025, with reduced rates of 19% and 5% for selected goods and services. Mandatory VAT registration triggers at EUR 50,000 annual turnover. New VAT payers file monthly declarations; companies below EUR 100,000 turnover may switch to quarterly filing.
Dividend withholding tax - 7%
Slovakia applies a 7% withholding tax (WHT) on dividend distributions to individual shareholders. This rate was reduced from 10% effective 1 January 2025. The actual net tax position depends on the applicable double taxation treaty between Slovakia and the shareholder’s country of residence – a matter to be assessed individually with a tax advisor.
Total first-year cost - summary
Combining all positions, the total first-year cost of running an s.r.o. in Slovakia through Thompson&Stein looks as follows:
Item | Cost (net) | One-time / annual |
|---|---|---|
s.r.o. registration | EUR 1,300 | One-time |
Registered address (12 months) | EUR 500 | Annual |
Monthly accounting (12 x EUR 350) | EUR 4,200 | Annual |
Total year one (min.) | EUR 6,000 | – |
From year two (min.) | EUR 4,700 | Annual |
Net figures. Tax residency certificate and register extracts are charged separately on request.
From year two, recurring fixed costs (registered address + monthly accounting) stabilise at a minimum of EUR 4,700 per year net.
Why do entrepreneurs choose Slovakia?
Slovakia is not a zero-tax jurisdiction. Its appeal is structural: legal stability within the EU, the euro as operating currency, predictable tax administration, and a handful of concrete advantages worth examining.
- Car depreciation without cap – a Slovak s.r.o. can depreciate 100% of a vehicle’s net purchase price, with immediate full depreciation available for vehicles up to EUR 48,000. Many Western EU jurisdictions cap this significantly.
- 10% CIT for small entities – revenue up to EUR 100,000 per year is taxed at 10%. This is an effective rate for service businesses, consultancies, and holding structures operating at moderate scale.
- Euro eliminates currency risk – no FX conversion costs on transactions with EU counterparties; accounting is cleaner and more straightforward.
- Remote registration – through Thompson&Stein’s Bratislava-based team member, without any client visit to Slovakia.
- Extensive DTT network – Slovakia maintains double taxation treaties covering most EU and OECD countries, governing WHT on dividends, interest, and royalties.
At the same time, VAT at 23% is above the EU average of around 21%. The minimum CIT from 2026 means even dormant companies carry a tax cost. Full double-entry bookkeeping is mandatory from day one.
FAQ - frequently asked questions about a Slovak s.r.o.
Can a non-Slovak EU citizen register an s.r.o. in Slovakia without visiting?
Yes. EU citizens can register an s.r.o. through a power of attorney without visiting Slovakia in person. Thompson&Stein handles the entire process through our Bratislava office. Required documents include proof of identity, a criminal record certificate (with certified translation), and a notarised power of attorney.
How long does s.r.o. registration in Slovakia take?
14 days from receipt of a complete document set. Following registration in the Commercial Register, the company must register with the tax authority within 30 days.
Does the minimum share capital need to be paid into a bank account before registration?
No. Slovak law does not require the EUR 5,000 to be deposited into a bank account before registration. A written declaration from the capital administrator is sufficient, giving founders full liquidity flexibility at the start.
What is the VAT registration threshold in Slovakia?
Mandatory VAT registration applies once annual turnover exceeds EUR 50,000. Voluntary registration is possible earlier and is generally advisable for B2B operations where input VAT recovery is relevant.
Does a Slovak s.r.o. pay minimum CIT if it makes no profit?
Yes. From 2026, every s.r.o. with zero revenue or a loss pays a minimum CIT of EUR 340 per year (for entities with revenue up to EUR 50,000). This is a structural change from previous years.
Does Thompson&Stein also handle accounting for Slovak s.r.o. companies?
Yes. Accounting for Slovak s.r.o. entities is managed by nexa.tax, Thompson&Stein’s accounting subsidiary specialising in international corporate accounting. Monthly retainer starts from EUR 350 net.
What does company dissolution cost?
Company dissolution handled by Thompson&Stein costs EUR 1,800 net, covering all procedural requirements under Slovak commercial law.
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