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How to Change the Registered Office of Your Slovak Company

Updated on Wednesday 06th May 2020

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How-to-Change-the-Registered-Office-of-Your-Slovak-CompanySlovakia has evolved a lot from an economic point of view in the last few years, becoming a very attractive investment destination for foreign businessmen. The company registration procedure in Slovakia is governed by the Company Law. The same law provides for various changes which can be made in a Slovak company, among these, the simplest one is to change the company’s registered address.

Below, our company formation agents in Slovakia explain the procedure related to changing a business’ legal seat. We can help you during the entire procedure of changing a Slovak company’s registered address.

Selecting a registered address for a Slovak company

One of the first steps in setting up a business in Slovakia is to find a suitable address which can be used as a legal seat for the company. The services of a virtual office can be used temporary in order to have a registered address for the company. Our Slovak company formation specialists can help you with tailored virtual office services in major cities of the country.

It is important to know that if the current address no longer suits the company’s interests, the owners have the right to change it.

When can a Slovak company change its address?

There are various situations which can lead to the change of the registered address of a company in Slovakia. Among these, we mention the following:

  • - as mentioned above, the virtual office services cannot be used for an indefinite period of time and requires a change in the legal address;
  • - a company moving its seat from one city to another will also trigger a change in the registered address;
  • - the expansion of a company can also determine the shareholders to move the company’s registered address;
  • - a company takeover can impose a change in a Slovak company’s registered address.

No matter the reason for changing a Slovak company’s legal address, the procedure must be concluded following several steps and providing certain documents with the Trade Register.

Steps in changing a company’s legal address in Slovakia

Both local companies and foreign businesses operating through branches in Slovakia can file for changing the registered seats. The procedure for changing a company’s registered address should follow the next steps:

  1. a decision for changing the registered address of the company must be sanctioned by the shareholders;
  2. in the case of Slovak branch offices, the foreign company must pass a resolution for changing the branch office’s address;
  3. the Slovak company’s Articles of Association must be amended with the new address;
  4. a request for changing the company’s legal address must be filed with the Slovak Company Registrar;
  5. the management must announce all authorities and other parties about the changes made in the company;
  6. all official documents and company seal must be amended with the new address.

The procedure for changing a company’s registered address is not complicated, however, it must comply with the regulations imposed by the Company Law.

If you want to open a company in Slovakia and need support, our local consultants can help you.

Documents for changing a company’s legal address in Slovakia

The list of documents which need to be prepared when changing a Slovak company’s registered seat is not extensive. Among the documents to be prepared by the representative of the company changing its legal address are the resolution passed by the shareholders, the document indicating the new address and the application form issued by the Trade Register.

In case the new address implies a rental or lease contract, the respective contract will need to be registered with the Companies Register as proof of the new address.

In the case of foreign companies operating in Slovakia, other documents could be required. It is also the case of companies undergoing mergers or acquisitions.

Our Slovak company formation advisors can offer detailed information on the documents to be prepared when changing a company’s registered address.

Why start a business in Slovakia?

At the beginning of 2019, the Organization for Economic Co-operation and Development issued an ample report of Slovakia’s economy which indicates the following:

  • - in 2018, Slovakia’s Gross Domestic Product (GDP) registered a 4.1% increase;
  • - in 2019, the GDP is expected to grow by 4.3%, while in 2020, it is expected to increase by 3.6%;
  • - the unemployment rate has fallen below an historic 7% in 2018;
  • - by 2020, unemployment is expected to decrease even more by reaching a 5.5%;
  • - the trade balance of the country has also improved in 2018, with an increase of 5.8% in exports and of 5.9% in imports.

For assistance in changing a company’s legal address, please contact our agents in Slovakia.

 

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Call us now at (+44) 203-287 0408 to set up an appointment with our consultants, who are handling company formation in Slovakia. Alternatively you can incorporate your company without traveling to Slovakia.

As our client, you will benefit from the joint expertize of local accountants and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Slovakia.

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