Discover the top 10 Facts about taxation in Slovakia, prepared from our 2019 Tax guideline, one of the many overviews about the Slovak business environment provided by our team of experts.
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CIT
Standard Corporate Income Tax (CIT): 21%
Personal Income Tax
Personal Income Tax: 19% – 25%
Withholding Tax Rate
- 19% is levied on income from participation certificates, certain debentures, vouchers and investment coupons; and interest from bank deposits and current accounts in general.
- Withholding tax of 7% applies to dividends paid out from profits derived from January 1st, 2017 by domestic companies to individual shareholders.
Tax losses
Tax losses derived after January 1st, 2014 may be carried forward uniformly for 4 tax years. Tax losses derived before 2014 cannot be carried-forward anymore.
Standard VAT
Standard VAT in Slovakia : 20%
Reduced VAT
- reduced rate 10%
- export of goods and services is zero rated
- tax for Intra-Community supplies of goods is zero, under certain conditions
Social and health contributions - Company
Social and health contributions owed by the Company: 35.2%
Social and health contributions - Employee
Social and health contributions owed by the Employee: 13.4%
Real estate tax
- general land tax: 0.25% of the value
- building and apartment tax: EUR 0.033 / m2
These rates may be modified according to local conditions.
Special taxes on corporate income
- Special levy for regulated industries
- Levy for retail chains
- Bank levy
- Tax on insurance
