Doing Business in Slovenia: Tips for International Entrepreneurs
By Viktoriia Dorofeieva
CW Intern of LSBC
Slovenia is an attractive country for business. The very first information that appears in search results for “business in Slovenia” is the financial accessibility for building a business. In many cases, is provided the taxation’ system, calculation of revenue and expenditures for companies as well as worker’ salaries.
You’ve already learned about Why Entrepreneurship in Luxembourg, so let’s find out more about Slovenia!
The “Doing Business” project gives an overview of the regulations across 190 economies and focusing on the Smes companies in Slovenia, throughout their life cycle.
The project encourages economies to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers, and others interested in the business climate of each economy.
Also, it offers detailed subnational studies, which cover business regulation and reform in different cities and regions within a nation.
For those who start their own business
The first step is to analyze your industry and figure out the most suitable niche where to run a business. Refer to portals such as poslovniportal.si/en/ or innovatif.com, which contain basic information about Slovenia and its economic and assistance system, might be useful. Besides, fu.gov.si details everything related to the county’s taxation.
Give a look at websites like borzaposla.si and seedtable.com. There, you can find tips to grow your business by searching for possible investors. Afterward, entrepreneurs who have started this process can search for a suitable site by contacting a real estate agent. At each level of capital growth, it is important to conduct business audits in advance.
If you already own a large business, you already have high-quality structure and accessibility into the EU market.
Also experienced business people with an excellent reputation and enough capital, have many advantages when doing business in Slovenia. Furthermore, it is necessary to be scrupulous and attentive to the law and consult a competent Slovenian financial expert.
In conclusion, before running your own business abroad, it is important to gather the necessary information regarding the complexity of doing business. Find your business niche. Finally, immerse yourself in the new environment and connect with the locals.
Look for your uniqueness in Slovenia.
Who seeks it, will always find it!