VAT registration and selling in Slovakia can benefit a business by improving credibility, increasing sales, and lowering tax costs. VAT registration makes the business more legitimate and trustworthy, and selling in Slovakia provides access to a market of over 5 million consumers. As a VAT registered business, one can claim back VAT on business expenses, reducing overall tax burden. Overall, VAT registration and selling in Slovakia is a worthwhile investment for a business.
MariaLast Updated on 8 March 2023
In this article, we will shortly present you the most important information on the VAT registration in Slovakia.
Who has to register for VAT in Slovakia?
If you have your headquarter, permanent address, place of business, or VAT establishment in Slovakia, the threshold for obligatory VAT registration is EUR 49,79 in the past 12 months.
What information is required for a VAT registration in Slovakia?
For the registration, the Tax authorities will require specific registration forms, which will be filled out and submitted along with the following documents:
- Passport/ID copy of the sole trader (valid at least 3 months from the moment of registration)
- Home VAT certificate of the sole trader (dated not more than 6 months)
- For companies only : Certificate of incorporation /Commercial Register Certificate (dated not more than 6 months)
- For companies only: Current Appointments of directors/document showing you are legally entitled to represent the company – if not included in point.1 (dated not more than 6 months)
How long does a VAT registration in Slovakia take?
The average processing time of the VAT registration is 40 days.
What numbers will I receive when the registration was processed?
A unique Slovakian VAT number is assigned to a company after registration, which usually takes within three weeks of submitting the application form. The VAT number in Slovakia has 10 digits and starts with the prefix “SK.” All EU member states have a standardized format for VAT numbers.
Furthermore, you will receive a unique bank account for funding your money in addition to the Slovakian VAT certificate.
Slovakian tax rates: how high are they?
In Slovakia, the standard VAT rate is 20%. There is also a reduced VAT rate of 10% for certain goods and services, such as food, books, and medical products.
Can I get registered for OSS instead of getting VAT registered in Slovakia?
Yes, you may choose to register for the One-Stop-Shop (OSS) instead of Value Added Tax (VAT) registration in Slovakia. However, this is only applicable for the non-EU scheme since the EU based companies have to be OSS registered in their home country.
How do I get registered or find out if I need to register in Slovakia?
This is something we can assist you with.
You can book a free consultation with us if you are not sure whether you need a registration in Slovakia. We will evaluate your situation together and give you recommendations.
We can help you obtain a VAT registration if you know that you need it. For more information, please see our internal pricing and contact our Sales team.