Basic Accountancy rules  in Republic of Slovenia

We present the basic rules and regulations on bookkeeping and accountancy in Slovenia. We focus on bookkeeping for micro and small enterprises, as well as bookkeeping for sole traders. 

Slovenian Accounting Standards define the specifics of accountancy for individual business entities, including small enterprises. Small enterprises do not have to satisfy the same requirements as medium-sized and large enterprises and companies listed on the stock exchange market.

All companies, even small enterprises, must keep their books according to the double-entry method, as well as  keeping fundamental business books.

Invoice archiving

If you do business in Slovenia, as a taxable entity you are obliged by law to keep issued and received invoices and archive them for 10 years, while real-estate related invoices must be kept for 20 years. Archives must be located on the territory of Slovenia; in the case of on-line accessible electronic invoices, archives can be located outside Slovenia. This obligation also applies if your company’s operations are terminated in a specific period.

If you decide to keep copies of invoices which were issued or received in Slovenia outside the territory of Slovenia, you must notify the tax administration.

Which activities are performed within the scope of accountancy?

  • Provision of accountancy related information
  • Accountancy pro forma invoicing
  • Accounting
  • Accountancy supervision
  • Accountancy analysing
  • Accountancy documents
  • Accounting ledgers
  • Annual report

Slovenian companies are bound by law to keep accounts which enable them to form accounting reports for statistical and tax requirements. In small enterprises, the compulsory records are the general ledger and the record of underlying assets (also cash books if the company operates in cash).

In order to reduce costs, small enterprises often decide that accounting firms perform only those accounting activities which ensure information about past operations. In order to make good business decisions, a company has to focus on the future; operations have to be planned, so accounting pro forma invoices are essential.


The law stipulates that every entity – companies and entrepreneurs – must keep business books and prepare balances annually in accordance with the law and Slovenian Accounting Standards or International Accounting Standards. The basis for accounting business changes is an accounting document which is also written evidence on the emergence of a business event.
The accounting method depends on company size. The criteria that enable the categorisation of companies by groups are stipulated by law.

Criteria for categorising companies and entrepreneurs by size

Company/enterprise size Number of employees Net sales revenues (in EUR) Assets (in EUR)
mikro less than 10 less than   2,00 mio less than  2,00 mio
small less than 50 less than   7,30 mio less than  3,65 mio
medium-sized less than  250 less than  29,20 mio more than14,60 mio
large more than 250 more than   29,20 mio less than   29,20 mi

For any additional questions and information regarding accounting in Republic of Slovenia, please do not hesitate to contact us: