VAT registration and sales in Slovakia can benefit businesses by increasing credibility, increasing sales and reducing tax costs. VAT registration makes a business more legitimate and trustworthy, and selling in Slovakia gives you access to a market of more than 5 million consumers. As a VAT registered business, VAT can be claimed back on business expenses, reducing the overall tax burden. Overall, VAT registration and sales in Slovakia is a worthwhile investment for a business.
Last updated on February 6, 2023
In this article, we will briefly introduce you to the most important information about VAT registration in Slovakia.
Who needs to register for VAT in Slovakia?
If you have your head office, permanent address, place of business or VAT establishment in Slovakia, the mandatory VAT registration threshold for the last 12 months is EUR 49.79.
What information is required for VAT registration in Slovakia?
For registration, the tax authorities will require special registration forms, which will be filled out and submitted together with the following documents:
- Individual seller’s passport/ID (valid for at least 3 months from the date of registration)
- Home VAT certificate of an individual seller (not more than 6 months old)
- For companies only Certificate of Incorporation / Certificate of Commercial Register (no more than 6 months old)
- For companies onlyCurrent appointments of directors/document showing that you are legally entitled to represent the company, if not included in point 1 (for a period not exceeding 6 months)
How long does it take to register for VAT in Slovakia?
The average VAT registration period is 40 days.
What numbers will I receive when I register?
A unique Slovak VAT number is assigned to a company after registration, which usually takes three weeks after submitting the application form. VAT in Slovakia has 10 characters and starts with the prefix “SK”. All EU member states have a standardized format for VAT numbers.
In addition, you will receive a unique bank account to fund your money in addition to a Slovakian VAT certificate.
Tax rates in Slovakia. how high are they?
The standard VAT rate in Slovakia is 20%. There is also a reduced VAT rate of 10% for certain goods and services, such as food, books and medical supplies.
Can I register for OSS instead of VAT registration in Slovakia?
Yes, you can choose to register for Single Window (OSS) instead of VAT registration in Slovakia. However, this is only applicable to the non-EU scheme, as EU-based companies must be OSS registered in their home country.
How can I register or find out if I need to register in Slovakia?
This is something we can help you with.
You can book a free consultation with us if you are not sure whether you need registration in Slovakia. Together we will assess your situation and give you advice.
We can help you get VAT registration if you know you need it. For more information, please see our internal pricing and contact our sales team.