Exporting guide to Slovenia

Overview

Slovenia is one of a group of 9 emerging markets in Central and Eastern Europe (CEE). It's one of the most developed markets in the region and there are long-term growth prospects for UK companies.

Access to markets

Slovenia is a gateway to south eastern European markets due to its geographical position. It has strong historical links with the neighbouring markets of Croatia, Serbia and Bosnia and Herzegovina, which results in cultural and linguistic connections as well as well-connected infrastructure.

Ease for UK businesses

English is widely spoken in Slovenia and quality British goods and services are well received. Furthermore, it has similar business, legal and technical standards to the UK, making it a friendly market for UK businesses. 92% of Slovenians speak at least 2 foreign languages.

Triple Bridge, Ljubjana

Slovenia: at a glance

Economic growth

8.1%

Actual figure (IMF, 2021)
The UK is 7.4% (IMF, 2021, projected figure)

GDP per capita

$25,549

Actual figure (IMF, 2020)
The UK is $41,127 (IMF, 2020, projected figure)

Currency

Euro

Business languages

Slovene, English

You may need a translator

Time zone

GMT +2

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Opportunities for exporters

There are opportunities for UK companies across a broad range of industries. Our trade advisers in Slovenia have identified particular opportunities for UK businesses in the following sectors.

Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Doing business in Slovenia

Preparing to export

Taxation

InvestSlovenia provides detailed information on all applicable taxes in Slovenia.

VAT

If you’re registered for VAT in the UK, it may be possible to zero-rate the goods you export to Slovenia, provided certain conditions are met.

VAT is applied at 22% on goods and services in Slovenia. A reduced rate of 9.5% can also be applied on some goods.

For more information on VAT in Slovenia, please visit their Financial Administration website.

Corporate Tax

The corporate income tax rate is set at 17%. Tax relief is available for:

  • research and development (R&D) investment (100%)
  • investment in equipment and other long-term assets (40%)

Slovenia’s capital gains tax is set at between 0 and 25% (depending on a holding period).

Standards and technical regulations

Products and packaging should meet EU standards.

Local product law may vary. The Slovenian Institute for Standardization (website in Slovenian) has responsibility for standards.

Product information on a label must be in Slovenian. It is mandatory that goods are labelled with composition, country of origin, size, and care instructions.

Services regulations

Information on rules for selling services and business travel to Slovenia is available on gov.uk.

Trade barriers

Check for any reported barriers to trading with Slovenia.

Report any trade barriers that are affecting your business so we can help fix them.

Operating in Slovenia

Intellectual property

Intellectual property (IP) rights are territorial and rights granted in the UK do not provide protection elsewhere. You should consider getting IP protection abroad if you want to trade overseas or sell to overseas customers via the internet.

The Intellectual Property Office provides practical information to help you protect, manage and enforce your IP abroad. Further support for British businesses can be found through a network of IP attachés, based in key UK export markets.

Payment terms

An invoice must be issued for the supply of goods or services in Slovenia. The rules governing the issuing of an invoice are set out in the Value Added Tax Act and the Slovene Accounting Standards.

Invoices may be issued in paper or electronic form.

For more information, please visit Slovenia Business Point.

Business culture

The business culture in Slovenia is similar to the culture in Austria and the Balkan region. Slovenians tend to work efficiently, with a focus on results, which can sometimes come across as direct. However, this is part of a culture focused around respecting one another's time.

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.