Slovakia Tax Overview

Slovak tax system at a glance

Slovakia (the Slovak Republic) is an EU member state using the euro, with a self-assessment tax system administered by the Financial Administration. The 2025 tax year saw major consolidation-package changes, including a higher standard VAT rate (23%) and a three-tier corporate income tax.

• Standard tax year — Calendar year (1 January to 31 December) (Income Tax Act (Act No. 595/2003 Coll.))
• Currency — Euro (EUR) (Eurozone membership (Slovakia adopted the euro on 1 January 2009))
• Tax authority — Financial Administration of the Slovak Republic (Finančná správa SR), incl. tax offices and the Financial Directorate (Act on Tax Administration (Tax Procedure Code, Act No. 563/2009 Coll.))
• Residence basis of taxation — Tax residents are taxed on worldwide income; non-residents only on Slovak-source income (Income Tax Act (Act No. 595/2003 Coll.))
• Headline personal income tax rates (2025) — 19% on the tax base up to EUR 48,441.43; 25% on the excess (employment/business income) percent (2025 threshold = 176.8x subsistence minimum) (Income Tax Act (Act No. 595/2003 Coll.))
• Headline corporate income tax rates (2025) — 10% up to EUR 100,000 taxable income; 21% from EUR 100,000 to EUR 5,000,000; 24% above EUR 5,000,000 percent (Income Tax Act (Act No. 595/2003 Coll.))
• Does Slovakia have VAT? — Yes — VAT (DPH) standard rate is 23% from 1 January 2025 (VAT Act (Act No. 222/2004 Coll.))
• Personal income tax return deadline — 31 March following the tax year (extendable by 3 months, or 6 months for foreign-source income, on notice) (Income Tax Act (Act No. 595/2003 Coll.); Tax Procedure Code (Act No. 563/2009 Coll.))
• Corporate income tax return deadline — Within 3 months after the end of the tax year (i.e. 31 March for a calendar year); extendable by up to 3 months (6 for foreign income) (Income Tax Act (Act No. 595/2003 Coll.))