Slovenia is located in Eastern Europe and has a territory of 20,273 square kilometers. Slovenia borders Croatia, Hungary, Austria and Italy, and it is closely connected with the Eastern European states and has an access to the Mediterranean Sea and to the Atlantic Ocean, which allows to establish maritime trade between Southern and Eastern Europe, Turkey and North African states. Slovenia has a population of 2 million people.
Corporate taxation, VAT taxation, Personal taxation
- Corporate income tax - 19%
- Dividend withholding tax - 15%
- Interest withholding tax - 15%
- Royalties withholding tax - 15%
- Capital gains tax - 19%
- VAT - Standard tax rate 22% or a reduced rate 9,5%
- Personal income tax - from 16% up to 50%.
The following are the most common types of companies to incorporate a company in Slovenia as:
- Limited liability company (družba z omejeno odgovornostjo - d.o.o.)
- Public limited company (družba z omejeno odgovornostjo - d.o.o.)
- General partnership (družba z neomejeno odgovornostjo - d.n.o.)
- Limited partnership (komanditna družba - k.d.)
- Partnership limited by shares (komanditna delniška družba - k.d.d.)
- European company (Societas Europea)
- Branch office (podružnica).
Official currency of Slovenia is euro (EUR).
Slovenia's GDP from 2014 onwards constantly grew, on average, by 3% annually. In 2018 GDP of Slovenia grew by 4,5%.
Economy of Slovenia is mostly focused on service sector, which makes up 60% of the state's GDP. Industrial sector makes up 26% of the GDP. Major industrial fields are iron industry, car industry and production of electronic devices, timber industry, textile industry and construction. In recent years pharmaceutical and chemical fields have been developed.