EU VAT registration - VAT in Slovakia

Informative:

The Slovak Republic introduced its value-added tax system in 1993. Locally, it is known as Daň z pridanej hodnoty (DPH).

After the succession to the European Union in 2004. The Slovak Republic has approved a VAT law that provides most of the guidance for foreign companies to register and complete local VAT returns. The Ministry of Finance, which administers the VAT system, issues documents supporting decrees and orders for further insight into the law.

Since joining the EU in May 2004. Slovakia has fully integrated EU VAT directives (laws) into its own regulations. This includes processes for Slovak VAT registrations, compliance, VAT rates, returns and related declarations.

VAT registration in Slovakia for companies:

Foreign companies can register for VAT in Slovakia without setting up a local company, meaning you can register as a non-resident. In Slovakia, there is no VAT threshold for registering foreign entrepreneurs. On the other hand, an application for a VAT number must be received by the relevant department no later than 30 days after the first taxable supply. This includes situations where foreign companies make an intra-Community supply of goods. If you know that you need to register VAT in Slovakia, don’t hesitate to contact us and we will assist you in doing so  we will help .

Examples when VAT registration in Slovakia is required:

⇒ import goods into the European Union via Slovakia;

⇒  buying and selling products in Slovakia;

⇒  storage of goods in Slovakia;

⇒ sales of goods from Slovakia to other EU countries;

⇒ transfer of products between and another EU member state (intra-community supplies).

⇒ organizing live events (conferences, related to art or education) in Slovakia;

⇒ own supply of goods.