COMPANY
COMPANY IN SLOVAKIA

Thompson & Stein advisers will help you make the choice
the most favorable place for the development of your company.
Perhaps it will be a company in Slovakia.

Polish entrepreneurs are increasingly looking for an alternative environment to conduct their business abroad. When looking for better legal and tax systems in their close neighbourhood, they are often interested in establishing a company in Slovakia. But is running a company in Slovakia the best alternative for companies? If you are thinking about relocating your company into Slovakia or you do not know which jurisdiction to choose, you are in the right place! The advisors at Thompson&Stein can help you choose the most favourable place for your company to thrive. Perhaps it will indeed be a company in Slovakia.

World Map sign on glass skyscraper with mirrored sky illustratio

Is a company in Slovakia a good solution?

A company in Slovakia is tempting for many entrepreneurs due to its low dividend tax (7%), 20% VAT, flexible Social Insurance taxes depending on the income amount. When running a company in Slovakia that generates an income of less than EUR 100,000, one has to pay income tax at the rate of 15%, compared to 9% CIT in Poland for companies with annual revenues of less than PLN 2 million.

The standard CIT rate for companies in Slovakia is 21%. PIT is in turn 19% for those with income up to EUR37,163.36 and 25% above this threshold. A company in Slovakia seems to be an attractive solution for entities interested in the purchase of cars. A company in Slovakia may be granted a full VAT deduction (whereas it is only 50% in Poland) and an exemption from excise duty. Owners of companies in Slovakia can also benefit from significantly reduced bureaucracy.

Advantages and disadvantages of owning a company in Slovakia

7% tax on dividends

19% and 25% PIT (on amounts exceeding EUR 37,163.36)

20 % Value Added Tax

No excise duty when buying a car

Liberal legal and fiscal system

Flexible Social Insurance

Flexible deduction of business expenses

CIT at 15% (up to EUR 100 000) and 21%

Reduced formalities

A company in Slovakia – who is it for?

A company in Slovakia is a solution most often chosen by entities from the transport and logistics sector due to the possibility of deducting the total amount of VAT when purchasing a car. If your business plans to have a fleet of trucks or vans, then a company in Slovakia may be the solution for you.

Scope of services offered to companies in Slovakia

Thompson&Stein will provide your company in Slovakia with:

COMPREHENSIVE HANDLING OF THE COMPANY REGISTRATION PROCESS

ACCOUNTING SERVICES

REGISTERED SEAT (ADDRESS) FOR YOUR COMPANY IN SLOVAKIA

CONTACT PERSON

CORRESPONDENCE HANDLING

ASSISTANCE IN OPENING A BANK ACCOUNT

ASSISTANCE IN OBTAINING LICENCES (if required)

SUPPORT AT EVERY STAGE of establishing your company in Slovakia

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