Intelligence

Complete summary about the tax system in Slovakia 2024.

Slovakia is well known for being a pro-export market that is very open to foreign investment. However when set up incorrectly...

In December 2017, an amendment to Act No. 595/2003 Coll. on Income Tax, as amended and on Act No. 563/2009 Coll.

The domestic reverse charge will be extended to foreign entities in Slovakia under section 69 of the 222/2004 Slovakian VAT act as from 1 January 2016.

The new amendment to Slovakia’s VAT Act inter alia complicates the transfers of shares in limited liability companies.

Measures to curb illegal activity and abuse of the VAT system by businesses are being proposed to take effect from 1 October 2011, with further provisions coming into force on 1 January 2013 and 1 January 2014.