Tax residents of Slovakia pay tax on their worldwide income, non-residents – on income from sources in Slovakia.
The tax base of up to 176,8 times the subsistence level (i.e. EUR 48 441,43 for 2025) is subject to a 19% tax rate. The exceeding part of the tax base is taxed at 25%
Gains from the sale of assets are taxed at the rate of 19%.
Gains from the sale of non-business assets are tax exempt if the assets were owned for at least 5 years.
Gains from the sale of shares in companies listed on recognized exchanges are tax exempt if the shares were held for more than one year.
Dividends are generally taxed at the rate of 7%.
Slovak companies pay corporate income tax on their worldwide income, foreign companies – on income from sources in Slovakia.
From 1 January 2025 the following CIT rates applies to the taxpayers-legal entities:
Gains from the sale of assets are included in the corporate income tax base.
Gains from the sale of shares may be tax exempt if at least 10% participation was held for at least two years and if certain other conditions are met.
Dividends are tax exempt except in some cases. In particular, dividends from companies located in non-treaty countries may be taxed at the rate of 35%.
A foreign company is considered a controlled foreign company (CFC) if more than 50% of its capital or voting rights or rights to profits is held, directly or indirectly, solely or jointly with related parties, by a Slovak company, and if the foreign company is taxed at a rate of less than 50% of the tax that would otherwise be payable in Slovakia.
The non-distributed profit of a CFC is included in the tax base of the controlling Slovak person to the extent such profit is attributable to the assets and risks related to the foreign company’s significant functions performed in Slovakia.
No tax is withheld on dividends paid to legal entities out of the profit arising since 2004.
Interest and royalties are taxed at 19%.
Dividends, interest, and royalties paid to non-DTT (Double Tax Treaty) or non-TIEA (Tax Information Exchange Treaty) countries, or to an unidentifiable beneficiary are taxed at 35%.
Tax rates are reduceable under double tax treaties and EU directives.
From 1 January 2025 a basic VAT rate of 23% (previously 20%) applies to all taxable supplies, with certain exceptions.
From January 1, 2025, two reduced tax rates of 19% (instead of 10%) and 5% apply (this reduced rate does not change).
Employer’s health insurance and social security contributions total 36,2% of employee remuneration.
From 1 January 2025, the maximum assessment base for all types of social insurance was increased to EUR 15 730 (previously EUR 9 128) monthly. Health insurance assessment base is not capped.
Employers also pay injury insurance contributions of 0,8% of employees' total salary costs per month, which are not capped.
Health insurance contributions may be payable not only on employment remuneration, but also on other income, such as income from the sale of shares.
Immovable property tax is levied on land, buildings, and apartments.
The rates are set by local authorities and vary greatly depending on the location and type of the property.
Slovakia has concluded 73 Double Tax Treaties (DTT) with the following jurisdictions:
73 DTTs: Albania, Armenia, Australia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, China, China (Republic of (Taiwan)), Croatia, Cyprus, Czech Republic, Denmark, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, India, Indonesia, Iran, Ireland, Israel, Italy, Japan, Kazakhstan, Korea (Republic of), Kuwait, Latvia, Libya, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Moldova, Montenegro, Netherlands, Nigeria, North Macedonia, Norway, Oman, Poland, Portugal, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Syria, Tunisia, Turkey, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Vietnam.
Slovakia has signed and ratified the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The Multilateral Convention entered into force for Slovakia on January 1, 2019.
On November 29, 2014, Slovakia signed the Multilateral Competent Authorities Agreement on Automatic Exchange of Financial Account Information under the Common Reporting Standard (CRS MCAA), under which Slovakia receives information from its financial institutions and automatically exchanges this information with other jurisdictions on an annual basis. The automatic exchange began in September 2017.
In addition, on November 13, 2024, Slovakia signed the Multilateral Agreement of Competent Authorities for the Automatic Exchange of Information under the Cryptoasset Reporting Framework (CARF-MCAA), which provides for the reporting of tax information on cryptoasset transactions on a standardized basis for the automatic exchange of such information.
Foreign exchange transactions can generally be made without restrictions.