Do I Need a Local Bank Account for Company Formation in Slovenia?
If you’re looking into company registration in Slovenia, you’ve probably come across the topic of bank accounts. Many entrepreneurs assume that a local Slovenian business bank account is a must, but that’s not entirely true anymore.
Today, thanks to evolving legal options and modern services, you can set up a company without opening a local bank account yourself. And with the right guidance, the process can be faster, smoother, and still fully compliant.
Let’s break down what’s changed, what your options are, and how you can make the smartest choice for your business.
Why a Local Bank Account Was Previously Required
In the traditional company formation process, especially when setting up a d.o.o.. (Limited Liability Company)—A local Slovenian bank account was necessary. Here’s why:
- To deposit the required share capital of €7,500
- To meet tax and compliance obligations under Slovenian law
- To conduct daily financial operations locally
- To build trust with Slovenian partners and institutions
While this process worked for some, it often caused delays for foreign founders who didn’t live in Slovenia or couldn’t meet the banks’ strict criteria.
So, What’s Changed?
Here’s the good news: A local business account is no longer the only way to proceed with company registration in Slovenia.
In many cases, you don’t have to open a Slovenian bank account yourself at all. Legal structures and banking options have evolved. Today, smart alternatives allow you to run your company legally and efficiently, without going through a traditional local bank.
MyGlobal’s Turnkey Solution: A Smarter, Faster Start
One of the best options now available is to buy a ready-made company that already has an active EU bank account.
This is a core offering from MyGlobal, created specifically to help foreign entrepreneurs skip the slow parts of the setup. You don’t have to wait weeks for bank approvals or attend in-person appointments. Everything is streamlined.
With this solution, you can:
- Start operations immediately
- Access a working business account already approved
- Save time and energy by avoiding paperwork delays
- Operate within a structure that’s already tax-compliant
This setup is perfect for consultants, e-commerce businesses, service providers, and anyone who needs fast, reliable market access.
Can You Still Open a Slovenian Bank Account?
Yes, of course. If your business model involves working with Slovenian clients, bidding on tenders, or managing domestic expenses, a local bank account can still be helpful.
And if that’s your preferred path, MyGlobal can assist by:
- Helping you gather the right documents
- Coordinating with tax authorities for company-related registrations
- Scheduling bank appointments
- Guiding you through banking policies in Slovenia
The goal is to make things easier, whether you choose to open a local account or not.
What If Slovenian Banks Reject You?
It happens more often than people think. Slovenian banks have become more cautious, especially when dealing with companies owned by non-residents or applicants with no physical presence in the country.
But that’s not a dead end.
If your application is declined, you still have options:
- Use an EU-based financial institution that works with Slovenian businesses
- Buy a company that already has an open, functioning EU bank account
- Rely on legal support to ensure your business remains compliant
MyGlobal helps entrepreneurs navigate these roadblocks every day, offering both expertise and practical solutions.
More Advantages of Buying a Ready-Made Company
Aside from bypassing bank-related challenges, buying a ready-made company gives you other key benefits:
- Full registration and documentation have already been completed
- An existing financial setup—no waiting period
- A structure aligned with EU and Slovenian regulations
- Faster access to markets and clients
- Flexibility for remote business operations
It’s ideal for modern entrepreneurs who want to work smarter, not harder.
How to Register a Company in Slovenia Without a Local Account
If you’re wondering how to register a company in Slovenia without a local bank account, here’s how it works with professional support:
- You choose a ready-made company that fits your business needs
- Ownership is legally transferred to you
- You receive full documentation, including a working EU account
- You begin operations immediately
- If required, you receive assistance with tax registration, VAT setup, and virtual office services
This process eliminates weeks of admin time and lets you focus on what really matters—growing your business.
Conclusion
Thanks to more flexible legal and financial structures, company registration in Slovenia no longer depends on opening a local bank account. Whether you want to avoid the delays or simply need a reliable financial solution, buying a ready-made company with an EU account is a proven path forward.
This approach is fast, secure, and 100% compliant.
Ready to Skip the Bank Hassle?
Let MyGlobal help you start or buy a company in Slovenia—without opening a local bank account. With expert support and ready-made business solutions, we’ll help you move forward with confidence.
Contact MyGlobal today and let’s find the right setup for your goals.