(according to the actual time spent)
(according to the actual time spent)
The calculator allows you to calculate the approximate cost of maintenance of accounting services to support and audit the company.
CalculateEvery company incorporated in Slovakia must keep accounting records and provide financial statements on time.
Filing of annual accounts in Slovakia is regulated by the Accounting Act (No. 431/2002) and regulatory documents of the Ministry of Finance. Audits and auditing in Slovakia are regulated by Act No. 540/2007 on auditors, audit and supervision of audit.
National accounting standards of Slovakia are largely based on the International Financial Reporting Standards (IFRS). All companies whose securities circulate on a financial market apply IFRS in full.
Companies in Slovakia file financial statements annually. Financial statements must be filed within three months after the end of the financial year. Penal sanctions are imposed in the case of late filing of financial statements.
In Slovakia, full financial statements must be filed by:
Large enterprises are companies that meet at least two of the following criteria:
Accounts of large enterprises must be certified by an auditor.
A full annual report includes:
Financial statements themselves include:
In most cases, audit of financial statements is not required.
However, annual audit is required for companies that exceed any 2 of the following conditions:
Every company incorporated in Slovakia must file a profit tax return after the end of the reporting period.
Normally, a reporting period coincides with a calendar year (i.e. from 1 January to 31 December). The filing deadline is 3 months after the end of the reporting period.
Therefore, the tax return for the previous year must be filed by 31 March of the current year. It is possible to extend the filing deadline by 3 more months; for this purpose, a request to extend the deadline for filing the tax return must be filed with the tax authority not later than on 31 March. The deadline for filing a tax return also determines the deadline for paying profit tax.
A reporting period may differ from a calendar year. In such a case, the company must, within the period prescribed by law, inform the tax authority of change of the reporting period from a calendar year to another reporting period.
A tax return shall be filed with the tax authority in electronic form.