Doing Business in Slovenia

Doing Business in Slovenia

SLOVENIA COUNTRY PROFILE
Basic data
Slovenia in brief
Economic conditions
Economic structure and the main economic activities
External trade
Slovenia - regional breakdown of goods exports
Foreign direct investment
Biggest Foreign Investors in Slovenia
Biggest Slovenian Investors Abroad
The main reference points

FOREIGN TRADE REGIME
Trade between EU member states
Community goods
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-approved treatment or use of goods
Submission of a customs declaration
Import procedures
Export and transit procedures
Release of goods for free circulation
Suspensive arrangements and customs procedures with an economic impact
External 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
Financing and insurance of Slovenian exports
Financing
Insurance of export credits and outward investments

FOREIGN INVESTMENT REGIME
Residents and non-residents
The principle of national treatment
The protection of foreign investors
Business incentives
Fiscal incentives
Tax relief
Depreciation
Loss carried forward
Allowance for employing
Financial incentives
Government FDI Cost-Sharing Grant Scheme
Employment incentives
Export incentives
Local incentives
Other incentives
Real-estate investment

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 (SMA)
Stock Exchange
The LJSE Prime and Standard Markets
LJSE trading system
Clearing and settlement of trades executed at the LJSE
learing and Settlements - KDD
Types of securities traded on the Ljubljana Stock Exchange (LJSE)
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
Third-country issuers
Investment funds and management companies
Management companies
Investment funds
Investment companies
Mutual funds

State capital investments

Mergers and acquisitions
Acquisitions according to the Takeovers Act
Purpose of the Takeovers Act
Mandatory takeover bid
Notification on acquisition and reporting
Takeover procedure
Acquisitions according to the Competition Act
The concept of concentrations
Notification 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
Establishment
Capital
Shares
Management
Managers
Supervisory board
Shareholders' meeting
Dissolution

Branch
Registration
Annual reports

Sole trader

PUBLIC PROCUREMENT
Treatment of foreign bidders
Types of public procurement procedures
Information about public procurement
Single information portal
Thresholds for publication in the official journal of the EU
Content of the publication
Acquisition of tender documentation
Submission of the bid
Time terms
Documentation
Bid opening
Legal protection of bidders

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

LABOUR
Employing foreigners
Entry visa
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 of workers
Other steps
Registration with the administrative unit in Slovenia
Registration and deregistration of the work of foreigners
Info Point for Foreigners

TAXATION
Corporate income tax
Taxpayers and the scope of their tax liability
Tax exemptions
Exempt dividends and (partly) capital gains
Taxation rate
Tax base
Tax relief
Tax relief for investments in research and development
Tax relief for employment
Tax relief for investments
Tax relief for employing disabled persons
Tax relief for carrying out practical training within professional training
Tax relief for voluntary supplementary pension insurance
Tax relief for donations
Preventing the double taxation of income generated by residents outside of Slovenia
Tax on the transfer of assets, exchange of capital shares and mergers or divisions within the EU
Withholding tax
Tonnage Tax Act
Special tax arrangements for venture capital companies
Special tax arrangements for the Pomurje region
Tax relief for employment
Tax relief for investments

Personal income tax
Taxable persons
Tax base
Tax rates
Tax allowances
Contractual work tax
Social security contributions

Value-added tax (VAT)
Tax rates
Registration of foreign taxable persons
Appointment of a representative
VAT refunds to non-established taxable persons
VAT refunds to taxable persons established in another member state
VAT refunds to taxable persons established in a third country

Excise duty
Customs duties
Tax on the transfer of immovable property
Motor vehicles tax
Water vessel tax
Inheritance and gift tax
(Real) property tax
Taxation of winnings from conventional games of chance
Tax on gambling and concession fees
Tax on insurance services
Environmentally-oriented taxes
Charge for the use of building ground

ACCOUNTING AND AUDITING
Size of companies
Book-keeping
Annual reports
Consolidated business report
Audit
Publication
Publication relating to branches of third-country companies

USEFUL TIPS
Location
Time
Main cities
Language
Currency
Credit cards
Internet domain
Telephone
Important phone numbers
National holidays in 2011
Distances between Ljubljana and main European cities
Diplomatic missions and consular posts
Business hours
Business etiquette

USEFUL ADDRESSES

LEGISLATION
Survey of the main business legislation