Found in the heart of Europe, Slovenia is one of those countries that leave a lasting impression. It may be small but it certainly is big on ambition and innovation, solidifying its position as a top business destination. If you can picture yourself running a business while hiking in the Alps on your time off or exploring its lakes and forests, this could be the place for you.
So what makes this country so inviting for both new and seasoned entrepreneurs? Let’s get into it.
Why Should You Start A Business In Slovenia?
Slovenia may be one of the most underrated locations for new businesses but in reality, it has a lot going for it. In fact, there are plenty of reasons why it could be the perfect place for your next venture.
Location: This is such an important factor to consider when opening a new business. Fortunately, Slovenia sits in the middle of Central Europe and Southeast Europe, with easy access to the likes of Italy, Croatia, Hungary and Austria.
Part of the EU: The country has been part of the European Union since 2004 and uses the Euro as its currency. This makes trading much easier within the EU with one currency.
Values sustainability: Slovenia is highly committed to environmentally-friendly practices which gives eco-conscious entrepreneurs peace of mind.
Solid economy: The country is one of the most developed in Central Europe with strong infrastructure and public services, with relatively little corruption.
Industries With High-Growth Potential
Some industries in particular are booming in Slovenia at the moment. So if your business idea fits into any one of these, the chances of your success could be significantly higher.
Environmental tech: Due to its ongoing sustainability efforts, the Slovenian government is highly supportive of startups tackling clean energy and waste management solutions.
Software development: The tech scene there is growing by the day especially across cybersecurity, blockchain and AI.
Tourism: Slovenia is known for its stunning mountain landscapes and ski resorts, so there is an ongoing need for tourist accommodation and activities.
Logistics: Thanks to its central location, Slovenia is a great spot for companies wanting to transport across Europe.
Understanding Slovenia’s Tax Regulations
As of 2025, Slovenia’s corporate income tax is 19%. Compared to other countries in Europe, it’s fairly competitive. Their Value Added Tax (VAT) has a standard rate of 22%, but reduced to 9% for essential products and services.
If you plan on hiring local employees to work for you, you can expect to contribute around 16% of their salaries towards social security.
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Would You Encounter Any Language Barriers?
Although Slovenian is the official language, you’ll hear English more often than you think. This is especially true in bigger cities and urban areas as well as in the tech sector. However, government websites and any legal documentation are usually in Slovenian.
So if you’re unfamiliar with the language, having a translator work with you can help you navigate any language hurdles. But with that said, the younger population is more proficient in English so you could get away with day-to-day communication.
Visa Requirements For Foreign Entrepreneurs
As an EU, EEA or Swiss resident, you are free to live and work in Slovenia with no visas or work permits. But if you don’t fall under one of those categories, you’ll need a few things first.
Residence Permit: At a Slovenian embassy in your home country, you can apply for a single permit that combines both working and living.
To apply, you’ll need to produce a viable business plan that will outline how your company will benefit the Slovenian economy. And before you apply, you need to register a company.
How To Start A Business In Slovenia
If you’re an ambitious entrepreneur that has set your sights on Slovenia for your next venture, here is a step-by-step guide on how you can get started.
Choose A Business Structure
This is the first and most crucial step. Most startups tend to choose a družba z omejeno odgovornostjo which is the equivalent of a Private Limited Company. You can either own it yourself or have multiple partners with a minimum capital share amount of €7,500.
Register The Business Name
After choosing your legal entity, you can proceed with registering the company name. This can be done through the Slovenian Business Point system where you can check the availability of your name and reserve it.
Open A Business Bank Account
The next step is to open a corporate bank account in Slovenia and deposit the share capital amount if required. Remember to ask the bank for confirmation of this that it has been received.
Register The Business
You can then submit your registration documents to the Slovenian Business Point system or with a notary. For this step, you will need proof of the share capital deposit, the address of your business and copies of your passport. If you have more than one founder, you will also need to share articles of association.
Register For Tax And VAT
While your business will automatically be registered for tax, you need to register separately for VAT only if your annual turnover exceeds €50,000.
Should You Start A Business In Slovenia?
Slovenia deserves a serious look if you’re looking for a well-connected business environment that has a lot to offer. Just because it’s a small country certainly doesn’t mean it’s not packed with plenty of potential.
Of course, nothing is ever smooth sailing and while the visa process may present a challenge or two for non-EU residents, it shouldn’t put you off entirely.
With the right planning and vision, a business there could turn into something highly successful.