Doing Business in Slovenia

SLOVENIA COUNTRY PROFILE
Basic data
Economic overview
The most important economic activities
External trade
Foreign direct investments
Business legislation

FOREIGN TRADE REGIME
Trade between EU member states
Community ware
Trade with non-EU member states
Customs regulations

TARIC
Origin of goods
Combined nomenclature and customs rate appraisal
Customs value
Consignments before customs bodies
Importation of goods into the EU customs territory
Customs-permitted consumption or use of goods
Submission of customs declaration
Import procedures
Export and transit procedures
Release of goods for free circulation
Deferred procedures and customs procedures with an economic impact
Outward transit
Customs warehousing
Inward processing
Processing under customs control
Temporary importation
Outward processing
Exports
Re-exportation, destruction and cession of goods
Free zones and free warehouses
Economic zones
Insurance and fi nancing of Slovenian exports
Insurance
Financing
Buyer credit
Buyer credit (refi nancing of credit to a foreign bank)

FOREIGN INVESTMENT REGIME
Residents and non-residents
The principle of national treatment
Protection of foreign investors
Transfer of profit and repatriation of capital
Business initiatives
Fiscal incentives
Tax relief for investment in development
Allowances
Depreciation
Loss carried forward
Financial incentives
FDI Cost-Sharing Grant Scheme
Other incentives
Local incentives
Employment incentives
Export incentives
Foreign direct investment
Direct investment abroad
Real-estate investment
Sectoral limitations

INVESTMENT IN EXISTING COMPANIES
Foreign exchange regime
Investment in securities portfolios
Credit operations
Deposits and current accounts
Non-residents
Residents
Payments and transfers
Cash payments between residents and non-residents
Cross-border cash transfers
Cross-border transfer of securities
Transfers of privately-owned capital
Foreign exchange transactions between residents
Foreign exchange market
Securities market
Authorised participants in the securities market
Brokerage company
Branches of brokerage companies
Securities Market Agency
Stock Exchange
Structure of the Ljubljana Stock Exchange
Clearing and Settlements - KDD
Types of securities traded on the Ljubljana Stock Exchange
Conditions for admission to the Regulated Market
Public offer of securities
Public offer of securities issued by a foreign issuer
Issuers from EU member states
Issuers from third states
Investment funds and management companies
Management companies
Investment funds
Investment companies
Mutual funds
Mergers and acquisitions
Acquisitions according to the Takeovers Act
Purpose of the Takeovers Act
Mandatory takeover bid
Notifi cation on acquisition and reporting
Takeover procedure
Acquisitions according to the Competition Act
Purpose of the Competition Act
The concept of concentrations
Notifi cation requirement
Procedure on concentrations

ESTABLISHMENT OF A COMPANY
Mutual provisions
Organisational forms
Size of companies
Founders
Legal personality
Registered name
Registered office
Economic activity
Representation
Management
General partnership
Founders
Contributions
Relations between partners
Dissolution
Limited partnership
Founders
Contributions
Relations between the partners
Dual company
Dormant partnership
Partnership limited by shares
Joint-stock company
Founders
Capital
Shares
Management
Management board / Board of directors
Supervisory board
Shareholders' meeting
Minority shareholders' protection
Dissolution
The European public company (Societas Europaea - SE)
Limited liability company
Founders
Capital
Shares
Management
Managers
Supervisory board
Shareholders' meeting
Dissolution
Establishment of a limited liability company
Branch
Sole trader

PUBLIC PROCUREMENT
Treatment of foreign bidders
Types of public procurement procedures
Information about public procurement
Single information portal

TED
Acquisition of tender documentation
Submission of the bid
Time terms
Documentation
Bid opening
Legal protection of bidders
Conclusions

CONCESSIONS
Law on Public-Private Partnership (PPP)
General principles
Eligible private partners
Procedures and general principles
Preliminary procedure
Concession Act
Tender
Selection procedure
Concession Agreement
Settlement of disputes
Concessions on natural resources and public goods

EMPLOYING FOREIGNERS
Entry visa
New regulations in the area of the employment and work of foreigners
Work permits
Personal work permit
Permit for employment
Work permit
Workers seconded to other duties
The cross-border provision of services by foreign companies
The assignment of foreign workers
The movement of persons within companies
The training and improvement of foreigners
Seasonal labour by foreigners
The work of foreign management workers
Individual contractual services provided by foreigners
Quotas
Cases where work permits are not required
Permit for the temporary residence
Residence for the purpose of employment and work
Residence for the purpose of performing seasonal labour
The residence of seconded workers for the purpose of the cross-border provision of services
Collecting the residence permit
Registration with the administrative unit in Slovenia
Other steps

TAXATION
Corporate income tax
Taxpayers and the scope of the tax obligation
Tax exemptions
Taxation rate
Tax base
Tax relief
Tax relief for investments in development
Tax relief for employing disabled persons
Tax relief for carrying out traineeships
Tax relief for voluntary supplementary pension insurance
Tax relief for donations
Prevention of double taxation of incomes generated by residents outside of Slovenia
Taxation of the transfer of assets, exchange of capital shares and mergers or divisions within the EU
Withholding tax
Tax on paid out incomes
Tax on payments to natural persons on a contract basis
Social security contributions
Personal income tax
Taxable persons
Tax base
Tax relief
Value-added tax (VAT)
Tax rates
Registration of foreign taxable persons
Appointment of a representative
VAT refunds to non-resident taxable persons
Excise duty
Real-estate sales tax
Tax on motor vehicles
Tax on water vessels
Inheritance and gift tax
The tax on winnings from games of chance
The tax on insurance transactions

ACCOUNTING AND AUDITING
Size of companies
Bookkeeping
Annual reports
Consolidated business report
Audit
Disclosure
Disclosure relating to subsidiaries of third-country companies
USEFUL TIPS
Location
Time
Main cities
Language
Currency
Credit cards
Telephone
Important phone numbers
National holidays in 2008
Distances between Ljubljana and main European cities
Visa information
Business hours
Business etiquette
USEFUL ADDRESSES
LEGISLATION