General Information

The Slovenian market is quite narrow but also relatively open, as the country’s geographic position is strategic. The country does not, however, privilege foreign investment. 

Corporate tax was increased in 2017 to 19%. For individuals, income tax varies between 16% and 50%. As Slovenia is in the Euro Zone, there is no exchange regulation on the Euro.

Before setting up shop in Slovenia, it is strongly recommended to consult the administration. Some economic activities are still regulated and subject to prior authorisation. It is therefore indispensable to seek information from the National Agency for Foreign Investment and the Ministry of the Economy. ;

Means of Payment & Banking Specificities

Cash payment by SWIFT transfer before shipment is recommended. ;

Bank cheques or cheques issued by businesses should be avoided. They are not used in Slovenia apart from by foreign banks that issue cheques in currencies payable outside of Slovenia. The provision of an export credit agency backed financing or, potentially, an irrevocable and confirmed letter of credit should also be considered.

The confirmation of documentary credits in Slovenia is possible based on the counterparty, the length of the commitment and the willingness to deal with the country’s risk rating.

The majority of transactions in Slovenia are carried out following payment in advance, as advised above.