Sole trader = Samostojni podjetnik (s.p.)
The simplest way to start a business in the Republic of Slovenia is to become a sole trader (samostojni podjetnik - s.p.). A sole trader is an individual who performs a business activity independently as their sole activity. Foreign sole traders may perform their business activities in Slovenia by registering their activity with AJPES. All sole traders have to be registered in the Slovenian Business Register. Registering as a sole trader is simple and requires only basic accountancy. As a small entrepreneur also a single-entry bookkeeping system can be used. In this way, you keep all profits (after tax), and you are liable for your own debts. This is risky for those types of business that require large investments.