has a very attractive business environment. Investors who are interested in setting their business operations here should be familiar with the local taxation system
, including the level of corporate taxation
and the way in which this is collected. The standard corporate rate
is established at 22%, starting with 2014; the tax
has been lowered, from a rate of 23%. Businessmen interested in the opportunities that can arise on the Slovakian market
or on the taxes applicable to companies
can receive an in-depth presentation from our team of lawyers in Slovakia
Corporate tax principles in Slovakia
Foreign businessmen who want to open a company in Slovakia
are advised to invest in this market, which follows the principles of the European Union and of the Organisation for Economic Cooperation and Development.
The corporate tax is applicable to businesses with operations in Slovakia; the tax is incurred for the company’s profits. The tax is also applicable to branches opened in Slovakia by foreign companies.
are taxed in accordance with the profits they gained through their business operations in Slovakia
if they have established a permanent establishment
here, which can refer to a fixed place of business, such as an office, a building site, a mine or other types of establishments through which the company may gain revenues; our team of Slovakian attorneys
can provide more details on the meaning of a permanent establishment.
Corporate tax requirements in Slovakia
It is important to know that general and limited partnerships
opened in Slovakia
are also liable for corporate taxation
. Companies incorporated in Slovakia
(which are considered tax residents) are liable to corporate tax
for the income gained from activities carried out in other states.
Tax incentives are available under the Law of Research and Development Incentives, which became applicable from 1st of January 2015. Incentives are available for employers who hire students enrolled in vocational trainings.