Accounting & Tax Compliance in Slovakia

Statutory accounts, VAT returns, and corporate tax filings aligned with Slovak accounting standards, including the new minimum corporate tax band and 2026 e-invoicing readiness requirements.

Slovakia Reviewed September 2026

Currency

EUR (eurozone member since 2009)

Corporate tax rate

10% up to €100,000 · 21% from €100,000 to €5M · 24% above €5M (2026)

VAT standard rate

23%

Legal forms

S.r.o. · A.s.

Bookkeeping standard

Slovak Accounting Standards, or IFRS for listed entities

Annual filing

Annual accounts filed with the Register of Financial Statements within 12 months of year-end (typically alongside the corporate tax return

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How accounting and tax compliance work in Slovakia

Slovakia applies a three-tier corporate income tax structure: 10% for taxable income up to €100,000, 21% for income between €100,000 and €5 million, and 24% above €5 million — among the highest top rates in Central Europe. A new minimum corporate tax band for 2026 raises the minimum tax for companies exceeding €5 million in taxable income from €3,840 to €11,520 annually, payable regardless of actual profit.

Operating in Slovakia in 2026 means navigating a fiscal environment in active transition — the 3rd consolidation package raised rates across corporate tax, personal income tax, and social contributions simultaneously, and companies modelling Slovakia on pre-2025 assumptions will materially underestimate current cost.

Discuss your Slovakia accounting setup

Rate structure and what it applies to

10% up to €100,000 · 21% from €100,000 to €5M · 24% above €5M (2026)

New progressive personal income tax brackets — — 30% and 35% added above the existing 19%/25% bands, affecting equity compensation and earn-out structures for senior employees
Employee health insurance increased and uncapped — — from 4% to 5% of gross salary with no maximum assessment base, unlike social insurance which remains capped
Extended employer-paid sick leave — — from 10 to 14 days before Social Insurance Agency compensation begins, effective 2026
Tripled minimum corporate tax — for companies with taxable income above €5 million, from €3,840 to €11,520 annually

Get a jurisdiction-specific tax estimate

Rates that apply in Slovakia

Rate	Applies to
23%	Standard rate — most goods and services
19% and 5%	Reduced rate(s) — defined categories of goods and services

Confirm your VAT registration obligation

Slovak Accounting Standards, or IFRS for listed entities, and when an audit is required

Statutory bookkeeping in Slovakia follows Slovak Accounting Standards, or IFRS for listed entities. Statutory audit mandatory above 2 of 3 thresholds: €5.5M balance sheet, €11M turnover, 50 employees — aligned with EU harmonized thresholds.

Confirm your audit obligation

Annual accounts and registration

Annual accounts filed with the Register of Financial Statements within 12 months of year-end (typically alongside the corporate tax return, 6 months).

Entity registration runs through the Commercial Register, via notarial deed, typically taking 2–4 weeks.

Plan your filing calendar

Frequently asked questions

What was the 2026 consolidation package and why does it matter?

Slovakia's 3rd consolidation package, effective 1 January 2026, simultaneously raised corporate tax minimums, personal income tax rates (adding new 30% and 35% brackets), employee health insurance contributions, and extended employer-paid sick leave — the most significant set of fiscal changes in over a decade, affecting companies and individuals across the board.

Why is Slovak employee health insurance now uncapped?

As part of the 2026 reforms, employee health insurance contributions increased from 4% to 5% of gross salary, with no maximum assessment base — unlike social insurance, which remains capped at €16,764/month. This means higher earners see a proportionally larger increase in their contribution burden than under the previous capped system.

How does the three-tier corporate tax system work?

Companies with taxable income up to €100,000 pay 10%; income between €100,000 and €5 million is taxed at 21%; income above €5 million is taxed at 24%, with a new minimum tax of €11,520 annually applying regardless of actual profit for companies in the top bracket.

Why might dividends be more attractive than salary for owner-directors?

Dividends remain taxed at a flat 10%, unaffected by the 2026 personal income tax changes, while salary income is now subject to progressive rates up to 35% plus 14.4% in employee contributions. After accounting for the 21% corporate tax already paid on distributed profits, the combined dividend route still produces a materially lower total tax burden than salary for many owner-directors.

Talk to a Slovakia accounting expert

Slovakia's 2026 consolidation package is the most significant fiscal change the country has implemented in over a decade, and companies that have not revisited their Slovak cost models since 2024 are very likely operating on outdated assumptions — across corporate tax, personal income tax, and social contributions simultaneously, not just one isolated change.

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