Slovenia is a central European country with a well-educated but small population that speaks several languages. If you’re planning an expansion to Slovenia, one important aspect you need to think about is setting up your payroll. While you may not immediately think of how to run your payroll in a foreign country, you need to consider new tax laws, whether or not you’ll outsource, and any requirements for setting up your Slovenia payroll.
G-P will help you navigate all the complexities of expanding to Slovenia, including payroll. We offer a suite of global expansion services as well as Slovenia payroll outsourcing to help you start working faster. We’ll add your employees to our payroll through our Slovenia PEO to help you stay compliant and start working immediately.
Taxation Rules in Slovenia
Slovenia’s social security plan includes several different categories that both employers and employees pay into, including:
- Pension and disability insurance: Employees contribute 15.5%, employers contribute 8.85%.
- Health insurance: Employees contribute 6.36%, employers contribute 6.56%.
- Employment: Employees contribute 0.14%, employers contribute 0.06%.
- Parental protection: Both pay 0.10%.
- Injury at work and occupational disease: Employers contribute 0.53%.
Slovenia Payroll Options for Companies
Your company has several different Slovenia payroll options to choose from:
- Internal: If you have a large subsidiary and staff that includes HR experts, you can consider setting up an internal payroll. Make sure you have the funds and time to do so first.
- Remote: A remote payroll involves paying your employees in Slovenia through your parent company’s payroll in another country. Although this strategy makes it easy to pay all employees in one place, every person from a different country will have different tax codes.
- Slovenia payroll processing company: You can work with a local Slovenia payroll processing company to outsource your payroll. However, this company cannot outsource compliance, so you’ll be held responsible for all their actions.
- Slovenia payroll outsourcing: Slovenia payroll outsourcing with a global PEO such as G-P will take care of compliance along with outsourcing your payroll. You’ll only need to worry about running your company.
How to Set Up a Payroll in Slovenia
You cannot set up your Slovenia payroll without a registered entity in the country, and it will take several weeks or even several months to incorporate fully. Instead, you can outsource with G-P. We’ll help you start working in as little as a day without any additional worries about compliance. You can trust us to take on all labor laws, tax regulations, and more.
Terminating an employee is often a difficult process, and it can help to add entitlement and termination terms to your employment contract before hiring and adding employees to your payroll. As an employer, you can use a probationary period to hire employees for up to six months. If you want to terminate an employee, remember that required notice periods depend on how long they’ve worked for your company. The employee will be entitled to severance pay if they’re dismissed for business reasons or incompetence.
Payroll Processing Company in Slovenia
G-P will help you make the most of your global expansion. Contact us today for more information on Slovenia payroll outsourcing services.