Slovenia: Quick ABC's of Slovenian Companies Nomenclature
A person or legal entity can only open one of, with the Companies act predicted types of companies, since the field is regulated by the numerus clausus principle, meaning there is only a certain number of organizational possibilities, presented in the form of companies, from which an individual or firm can choose, when deciding to open a company in Slovenia.
Individuals in Slovenia most often operate as sole traders (samostojni podjetnik; abbreviation: s.p.). When it comes to legal entities, they may choose from a bigger pool of possibilities and establish different forms of businesses: the most common are the limited liability company (družba z omejeno odgovornostjo; abbreviation: d.o.o.) and public limited company (delniška družba; abbreviation: d.d.). Other possible forms of companies are as follows: unlimited liability company (družba z neomejeno odgovornostjo; abbreviation: d.n.o.), limited partnership (komanditna družba; abbreviation: k.d.) and limited partnership with share capital (komanditna delniška družba; abbreviation: k.d.d.)
One must also be wary, when it comes to registering a business that the Slovenian regulator differentiates between persons and legal entities of EU, EEA and Swiss confederation origins and other. Given the fact that Slovenia is a member of the EU, such differentiation is logical. However, as a non-resident of the Republic of Slovenia, prior to commencing operations, even an EU citizen must obtain a Slovenian tax number. Taking this into account, persons originating outside of the EU, EEA and Swiss confederation are subjected to more strenuous regulation and demands when it comes to registering a business/opening a company.
When a foreign person or legal entity decides on the type of company in the form of which they will conduct business, the next step is to follow the registration procedure: a company name must be decided and registered; the company must name a representative and specify the activities of the company; and have a head office where the activities of the company are going to be performed.
Useful links:
https://spot.gov.si/en/info/company-registration/how-to-register-a-company-in-slovenia/
https://spot.gov.si/en/info/how-can-non-eu-nationals-start-a-business-in-slovenia/
https://spot.gov.si/en/info/company-registration/
In need of further information or help with the process of company registration in Slovenia? Do not hesitate to contact the ALG partner in Slovenia – Odvetniška družba Završek & Šnajder o.p., d.o.o.
