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Slovakia

Taxes

If you are wanting to do business in Slovak Republic, reading this will help you becoming knowlegeable on the specific tax laws and rates for a LLC (SRO) which is the most common legal entity in Slovak Republic.

The country imposes corporate level taxation from outside the country separately than if it were attached to local operations. The prevailing standard rate for offshore tax, from our research, and these things do change, is 0%. The country does not have major incentives to transfer in income earned abroad earned outside the borders. Taxes are reasonable in Slovak Republic as the income corporate tax rate is 22%. This ranks Slovak Republic as 86th overall in terms of corporate tax rate worldwide. . .

The value added tax (VAT) rate in Slovak Republic is 20.00%, that ranks Slovak Republic as 86th overall in terms of VAT taxation rate internationally. In terms of other taxation, an employer will contribute 3,520.00% to the equivalent of a social security fund and an employee will contribute 13.40%. The overall complexity of the tax system is medium. This is measured by average time to comply with a country's labor tax requirements is as it is 62hours. Contributing to this is the number of yearly labor tax payments, which is 1 in SK.

Thin capitalization standards are in play. Thin capitalisation refers to any type of laws on companies' debt-to-asset ratios. Dividends are payments of an earnings of the business, decided by the board, to shareholders.Dividends can be issued as shares of stock, cash payments, or other property. The capital gains rate in SKis 0%. A capital gains tax is levied on the profits that a corporation or natural person realizes when he or she sells sells a capital asset for a price that is higher than the purchase price.

The interest witholding rate is estimated at 0This should be interpreted usually that the relevant tax authorities expects companies to pay tax on at least 0 of payments offshore for for interest payments. The dividends witholding rate is 0This should be interpreted usually that the relevant tax authorities expects to pay tax on at least 0 of payments offshore for on dividend payments. The royalties witholding rate 0 Which means that the tax authorities expects to pay tax on at least 0 of payments offshore for for royalty payments.
There is no known tax on wealth in Slovak Republic. There are no known inheritance taxes in Slovak Republic. There are commonly used R&D intitiatives that provide tax relief in this country.

The above is not tax or legal advice for your company's circumstances. We are able to to help you find to an expert in Slovak Republic who can answer all your questions. Contact us today. Click incorporate now if you are in a hurry, or press the free consultation button above.

Country details

Slovakia
EUR
Bratislava
Europe
Slovak, Hungarian
5,455,000

Tax treaties

Country Type Date Signed
Austria DTC  1978-03-07
Serbia DTC  2001-02-26
Kuwait DTC  2012-11-13
Israel DTC  1999-09-08
Sri Lanka DTC  1978-07-26
Bulgaria DTC  1999-11-12
Cyprus DTC  1980-04-15
Turkmenistan DTC  1996-08-08
Mexico DTC  2006-05-13
Romania DTC  1994-03-03
Nigeria DTC  1989-08-31
Chinese Taipei DTC  2011-08-10
Turkey DTC  1997-04-02
Moldova, Republic of DTC  2003-11-25
United States DTC  1993-10-08
Canada DTC  2001-05-22
Egypt DTC  2004-01-20
Estonia DTC  2003-10-21
Czech Republic DTC  2002-03-26
Lithuania DTC  2001-03-15
Tunisia DTC  1990-03-14
Japan DTC  1977-10-11
Ireland DTC  1999-06-08
Libya DTC  2009-02-20
Slovenia DTC  2003-05-14
Croatia DTC  1996-02-12
Viet nam DTC  2008-10-27
Germany DTC  1980-12-19
Belarus DTC  1999-01-12
Finland DTC  1999-02-15
India DTC  1986-01-27
France DTC  1973-06-01
Syrian Arab Republic DTC  2009-02-18
Bosnia and Herzegovina DTC  1981-11-02
Greece DTC  1986-10-23
Korea, Republic of DTC  2001-08-27
Georgia DTC  2011-10-27
Guernsey TIEA 2013-10-22
Luxembourg DTC  1991-03-18
China DTC  1987-06-11
Iceland DTC  2002-04-15
Ukraine DTC  1996-01-23
Portugal DTC  2001-06-05
Poland DTC  1994-08-18
Indonesia DTC  2000-10-12
Former Yugoslav Republic of Macedonia DTC  2009-10-05
Malta DTC  1999-09-07
South Africa DTC  1998-05-28
Sweden DTC  1979-02-16
Australia DTC  1999-08-24
Latvia DTC  1999-03-11
Hungary DTC  1994-08-05
United Kingdom DTC  1990-11-05
Kazakhstan DTC  2007-03-21
Russian Federation DTC  1994-06-24
Denmark DTC  1982-05-05
Spain DTC  1980-05-08
Switzerland DTC  1997-02-14
Norway DTC  1979-06-27
Singapore DTC  2005-05-09
Uzbekistan DTC  2003-03-06
Italy DTC  1981-05-05
Belgium DTC  1997-01-15
Montenegro DTC  2001-02-26
Brazil DTC  1986-08-26
Netherlands DTC  1974-03-04

Tax treaties Map

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