Slovakia is set to align with the EU's revised legislative framework for SMEs by introducing significant changes to its VAT registration process, effective January 1, 2025. These changes will impact both domestic and foreign taxable persons, with a focus on registration thresholds and compliance duties.
New Rules Arround VAT Registration Threshold in Slovakia
Public
Slovakia
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
686
Content accuracy validation date:
26.06.2024
Content accuracy validation time:
08:00h
Key Changes for Domestic Taxable Persons:
- The mandatory VAT registration threshold is now set at an annual turnover of EUR 50,000 from the previous year or EUR 62,500 in the current year.
- The turnover calculation period has shifted from 12 consecutive months to the calendar year.
- VAT registration must be applied for within five working days after surpassing the turnover threshold.
- VAT imposition becomes mandatory from the start of the new calendar year or from the first taxable supply, depending on the turnover threshold reached.
Regulations for Foreign Taxable Persons:
- No registration threshold exists for foreign taxable persons making taxable supplies in Slovakia.
- VAT registration applications must be submitted within five working days of making a taxable supply, starting from January 1, 2025.
Other news from Slovakia
TLv6 Implementation Marks Significant Shift in EU’s Trust List Format
Public
All countries
Author: Ivana Picajkić
A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more
Slovakia Prepares for Mandatory B2B Electronic Invoicing
Public
Slovakia
Author: Nikolina Basić
Slovakia
Author: Nikolina Basić
Slovakia's Financial Administration is implementing mandatory B2B electronic invoicing through the decentralized Peppol network, aiming to fully digitize and standardize invoice processing and reduce manual intervention. This transition, utilizing a secure pan-European XML format, promises cost savings, improved security, and streamlined business procedures. The Financial Administration of Slovaki... Read more
VIDA regulation adopted—what does that mean for business?
Public
Author: Nikolina Basić
The EU adopted the VAT in the Digital Age (ViDA) package on March 11, 2025, introducing major changes to the VAT system starting January 1, 2027. Key reforms include mandatory digital VAT reporting by 2030, new VAT collection rules for online platforms, and expanded One-Stop Shop (OSS) registration to simplify cross-border compliance. Additional measures, such as mandatory e-invoicing, phasing out... Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
Application to assist financial management in recapitulating monthly reports with new VAT rates in eKasa in Slovakia
Public
Slovakia
Author: Nikolina Basić
Slovakia
Author: Nikolina Basić
The Financial Administration of Slovakia has launched a new application to help entrepreneurs adjust their monthly VAT reports in the eKasa system following updated VAT rates. The tool, available for download on the Financial Administration portal, simplifies VAT recalculations and report modifications for businesses. The Financial Administration of Slovakia has introduced a new application design... Read more
Slovenia: EU Targets Unsafe E-Commerce Imports with New Measures
Public
Author: Ivana Picajkić
The European Commission is tightening regulations on e-commerce imports to address the surge of unsafe and counterfeit goods, particularly from China, by reforming customs rules and increasing product safety checks. Key measures include removing the duty exemption for low-value parcels, introducing a potential customs fee, establishing priority control areas, and launching an EU-wide product safet... Read more
eKasa Reports temporarily lack VAT breakdown in Slovakia.
Public
Slovakia
Author: Nikolina Basić
Slovakia
Author: Nikolina Basić
The Slovak tax administration has announced that eKasa reports currently lack a VAT breakdown due to ongoing VAT rate adjustments, with a fix expected by April 2025. The tax administration of Slovakia warns the taxpayer about some problems with its services. More precisely, they published notice regarding reports in the eKasa zone do not contain a VAT breakdown. Due to the implementation... Read more