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10 facts about taxation in Slovakia | Infographic

April 27, 2023
This article is also available in
Slovak

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% is the standard corporate income tax rate

15% is the 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

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

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

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

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

PIT

19% – 25% is the standard rate 

Income from business: 19% – 25% for taxpayers with taxable income exceeding EUR 49,790 per tax period 

 15% is the tax rate in other cases

SOCIAL SECURITY AND HEALTH INSURANCE CONTRIBUTIONS – EMPLOYEE

13.4%

SOCIAL SECURITY AND HEALTH INSURANCE CONTRIBUTIONS – EMPLOYER

35.2%

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