Our law firm provides you with a complete service in establishing business companies throughout the Slovak Republic, with the proviso that if you are interested, we can also provide you with a so-called virtual office and all related services.
Do business as L.L.C. has never been so easy! In contrast to doing business as a Self-employed person, you will save on levies and, as a partner, you will not bear any risk on your personal property. The partner in L.L.C., is liable only up to the amount of the unpaid deposit in the registered capital.
If you are interested, we will provide you with all the documents needed to establish a limited liability company, a joint stock company, a cooperative, a limited partnership or a public trading company.
A limited liability company may be established by one or more partners, a maximum of 50 partners. All partners are liable for the company’s liabilities to a limited extent, only up to the amount of their unpaid deposit. The deposit must be made in advance and must total a minimum of € 5,000. Each partner’s deposit must be at least € 750. The highest body of L.L.T. is a shareholders’ meeting. The statutory representative of the company is the manager, who represents and acts on behalf of the company. before the establishment of L.L.T.. (by submitting a proposal for entry in the Commercial Register) at least 30% must be repaid on each cash deposit. This means that each partner must make the first instalment of at least 30% of his / her entire cash deposit, before registering the L.L.T. to the commercial register (e.g. if the shareholder’s total cash contribution is EUR 3 000, the first instalment must be at least EUR 900). However, the articles of association may also specify a higher minimum threshold for the repayment of deposits before submitting a proposal for entry in the Commercial Register (e.g. 60%). The non-monetary contribution must be repaid in full before the amount of registered capital is entered in the Commercial Register. The total value of paid-in cash deposits and non-cash deposits must be at least 50% of the minimum amount of registered capital (i.e. EUR 2,500). The rest of the share capital must be repaid no later than five years after the establishment of L.L.T.. (possibly within the period specified in the articles of association).
The joint-stock company is liable for the company’s liabilities with all its assets. Shareholders are not liable for the company’s liabilities. The share capital of a joint-stock company is min. € 25,000. The capital is divided into a certain number of shares - shares and these are owned by individual shareholders. The founders of a joint-stock company sell shares, thereby raising capital. Important matters of the company are decided by voting at shareholders’ meeting. The shareholder’s vote at the shareholders’ meeting has a weight corresponding to the number of shares he owns. The Supervisory Board supervises the activities of the joint-stock company.
A cooperative is a community not closed in the number of persons for the purpose of business and provision of economic, social or other needs of its members.
A public limited company is established by an association of at least two partners. The partners are liable for its liabilities with all their assets. PLC can be established by both natural and legal persons. The partners do business under a common trade name, which must contain the designation "PLC" and if the trade name is the name of the partner, "and associate." Will be added to it. Each of the partners can manage and represent the company. It is also possible to agree on who to entrust with the company’s management.
A limited partnership brings together two types of partners - general partners and limited partners. The general partners are liable for the company’s liabilities indefinitely with all their assets. Limited partners are limited to the company’s liabilities, only up to the amount of their capital contribution. Only general partners can manage and represent the company and have a higher share in the company’s profit.
The price of the establishment of a limited liability company includes:
- processing of all documents, documents for the Trade Register and equipment of the Trade License
- processing of all documents, documents for the commercial Register
- writing the consent of the property owner with the registration of the company’s registered office in the Commercial Register
- submission of a proposal for registration of a limited liability company in the Commercial Register
- court fee for the Commercial Register (EUR 150)
- registration with the tax office for income tax,
The prices for these legal services are, depending on the legal form, organizational structure, interconnection and cooperation of the client, as follows:
• establishment of a limited liability company (LLC): from € 399
• establishment of vos (PLC.): from €399
• establishment of pcs (LP): from €499
Sale of an existing (ready made LLC) company:
• Ltd. VAT non-payer: from €500
• Ltd. VAT payer: from €2500
20% VAT will be added to the fees above
The price of establishing a limited liability company does not include a fee for verifying the signatures of the partner-manager.