Limited Liability Company - d.o.o. družba z omejeno odgovornostjo

Shareholders

Minimum one, maximum 50. If a limited liability company has more than 50 shareholders, approval by the minister responsible for economic affairs must be obtained.

Capital

The minimum founding capital is SIT 2.1 million. The minimum contribution of each shareholder is SIT 14,000. At least one third of the founding capital must be paid in cash. Before registration, at least 25% of each shareholder's cash contribution must be paid in. The sum of all paid contributions must be at least SIT 1 million. Contributions in kind must be contributed in full before registration. Where the value of contributions in kind exceeds SIT 14 million, their value must be assessed by a certified independent accountant.

Acts

The limited liability company is established by a notarised agreement of incorporation signed by all shareholders. Agreements of incorporation may be signed by a proxy, with appended notarised authorisation.

Management

The management rights of shareholders are provided by the agreement of incorporation. In the absence of such provisions in the agreement of incorporation, the authority of shareholders is provided by the Companies Act. The main body of the limited liability company is the shareholders' meeting. Normally, each shareholder has one vote for each SIT 14,000 of his contribution, but the agreement of incorporation may provide otherwise. It may also provide for the establishment of a supervisory board. A limited liability company has one or more managers appointed for at least a two year renewable term of office.