Open a Branch in Slovakia

2 years ago
7

Characteristics
The branch office is a legal entity that depends on the foreign company.
It usually operates in the same sector as the parent company.
Registration Requirements
Here are the requirements to open a branch:
• local address;
• an EU resident manager;
• a local bank account.
Registration Documents
The documents required to open a branch in Slovakia are:
• application form;
• parent company’s details;
• details about the local representative.
Incorporation Steps
These are steps to register a branch:
1. document drafting and filing;
2. tax registration;
3. bank account opening;
4. licensing.
Tax Registration
A Slovak branch must obtain a tax identification number.
It must also register for VAT in Slovakia.
Licensing
Depending on the activity to undertake, the branch must obtain an operating license in Slovakia.
Taxation
From a taxation point of view, the branch must pay the corporate tax on the income earned in Slovakia.
Company Formation Services
If you want to set up a branch, do not hesitate to contact our company formation specialists in Slovakia.

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