Slovakia Company Formation FAQs

Nominee services are allowed in Slovakia. 

You can apply for a residency permit in Slovakia either as a corporate entity or as an entrepreneur. Both options have benefits and drawbacks to consider but you can also apply for a family reunification visa at the same time as your business visa to ensure your family can come with you to Slovakia, should you choose to do so. 

Foreigners can have total ownership of a Slovak company. 

The most noteworthy tax benefits for setting up a business in Slovakia is a reduced corporate tax rate set at 15% if your annual corporate valuation does not exceed €100,000. The government in Slovakia makes selective incentives available in certain sectors. 

Non-EU citizens can open bank accounts in Slovakia, and in fact, 90% of the Slovak banking industry has foreign ownership and many of the players are Italian and Austrian banks. 

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