Questions and answers

No. You can't even get a job at your own company. Revoke residence permit. If you want to get a job, you need to submit a package of documents to the police to change the basis of the residence permit from entrepreneurial to labor activity.

Yes. If such a desire appeared during the first 365 days, then you need to obtain permission from the employment center. After a year of residence, you can find a job without notifying anyone.

In general, the company's income tax is 21% (if the turnover does not exceed €100,000, then 15%), the tax on dividends is 7%, the personal income tax is 19% (if the turnover for the year does not exceed €100,000, then - 15%), VAT - the main rate of 20%, deductions for honey. and social insurance. But in each specific situation, taxes vary. For LLCs - one, for individual entrepreneurs - others.

The tax office provides details for paying taxes at the place of registration. You can deposit funds at the bank's cash desk or use Internet banking, which simplifies this process.

Yes maybe. Any changes in the composition of the founders are carried out through the filing of an application for a change in the Commercial Register and takes about seven days.

Yes. Each year the cost of a legal address varies. If you purchase it for three years in one payment, the price will not change, plus there will be a discount for the last year.

This is decided at the General Meeting of Founders. The majority of participants must be present. A director who wants to leave the firm puts the issue on the agenda. It is necessary to immediately appoint a new director, since this is the executive body of a trading company and the position should not be vacant. The decision is then entered into the register. The change of director must also be declared to the banking institution.

A citizen of Slovakia, another EU member state or the OECD can become a director of an LLC. Citizens of third countries can be general directors only with a residence permit in the Slovak Republic.

It is required to pay the authorized capital to the bank before registering the company in the commercial register. Upon arrival in the country, the memorandum of association and the necessary papers are signed. Based on the agreement, the required amount of money is deposited into an account with a banking institution.

Yes. Ltd. is one of the most popular trade organizations in the Slovak Republic. The minimum charter capital is €5,000, the minimum share of a participant is not less than €750. There can be no more than 50 founders. If more is required, it is better to register a legal entity. entity as a joint stock company.

Yes. If you open an IP remotely, you do not need to stay in Slovakia for two weeks, it is enough to come for five days to open a bank account and deposit funds.

Yes, you need to show at least the minimum business activity for the type of activity on the basis of which the applicant receives a residence permit.

This should be done by an accountant, as there are many nuances: some invoices and income / expenses are taken into account in the tax base, some are not.
But simplified it looks like this:

• income - expenses = profit
• profit x 15% = tax
• profit - tax = net profit.

The income of the company is considered according to the invoices issued, and the income of the individual entrepreneur is calculated according to the paid invoices.