Planning to start a business in Slovakia? Discover the 10 key facts about the Slovak tax system that are crucial for any entity – new or already established. For a more complex overview, we recommend to take a look on our Tax guideline for 2023.
CIT
21%
Standard corporate income tax rate
15%
Reduced corporate income tax rate for taxpayers with taxable income not exceeding EUR 49,790 per tax period
SPECIAL CIT
- Special levy for regulated industries
- Tax on insurance
TAX LOSSES
Tax losses derived before 2014 cannot be carried-forward anymore
4 years
Carry-forward period of losses derived after 1.1.2014
5 years
Carry-forward period of losses derived after 1.1.2020
WITHHOLDING TAX RATE
19%
Levied on income from participation certificates, certain debentures, vouchers and investment coupons; and interest from bank deposits and current accounts in general
7%
Applies to dividends paid out from profits derived from January 1st, 2017 by domestic companies to individual shareholders
STANDARD VAT
20%
REDUCED VAT
0%
On the export of goods and services, and intra-community supplies of goods under some conditions
5%
On rental housing
10%
On certain goods and services
PIT
19% – 25%
Standard rate
Income from business: 19% – 25% for taxpayers with taxable income exceeding EUR 49,790 per tax period
15%
Tax rate in other cases
SOCIAL SECURITY AND HEALTH INSURANCE CONTRIBUTIONS – EMPLOYEE
13.4%
SOCIAL SECURITY AND HEALTH INSURANCE CONTRIBUTIONS – EMPLOYER
35.2%
REAL ESTATE TAX
0.25% of the value
General land tax
EUR 0.033 / m2
Tax on building and apartment
These rates may be modified according to local conditions
