Slovakia Tax Rates
Slovakia operates a two-bracket income tax system with rates of 19% and 25%, combined with a 24% corporate tax rate (increased from 21% in 2025; 15% applies for small businesses). The country features a 23% standard VAT (increased from 20% in 2025), relatively high social security contributions, and a growing automotive and technology sector. Slovakia joined the eurozone in 2009 and offers a stable business environment in central Europe.
Top Income Tax Rate
25%
Corporate Tax Rate
24%
VAT / Sales Tax
23%
Capital Gains Tax
19%
Detailed Tax Information
Income Tax Brackets
Slovakia applies progressive income tax rates: 19% on income up to 176.8 times the subsistence minimum (approximately €47,537 for 2024) and 25% above. A non-taxable amount (nezdaniteľná časť základu dane) of approximately €5,646 per year applies. Slovakia moved from its famous 19% flat tax to the current two-bracket system in 2013.
| Income Range | Tax Rate |
|---|---|
| €0 – €48K | 19% |
| €48K+ | 25% |
Corporate Tax
Slovakia levies corporate income tax at 24% (increased from 21% effective 2025; 15% applies to companies with revenue up to €49,790). A special levy applies to certain regulated industries. Slovakia offers a patent box with a 50% exemption on qualifying IP income.
Standard Rate
24%
Small Business Rate
15%
Capital Gains Tax
Capital gains are taxed as part of income at 19% or 25%. Real estate held for more than 5 years is exempt. Securities held for more than 1 year are exempt if gains do not exceed €500 annually. Income from securities may also be exempt under certain holding period rules.
Rate
19%
VAT / Sales Tax
Slovakia applies a standard VAT (DPH - daň z pridanej hodnoty) rate of 23% (increased from 20% effective January 2025), with a reduced rate of 19% (previously 10%) and a super-reduced 5% rate for certain food items. The system follows EU directives.
Standard Rate
23%
Cryptocurrency Tax
Cryptocurrency gains in Slovakia are taxed as other income at 19% or 25% depending on total income. Slovakia enacted specific provisions for virtual currencies from 2024, providing clearer guidance. Crypto-to-crypto exchanges may be taxable events.
Tax Treaties
Slovakia has approximately 70 double taxation treaties in force. As a central European EU and eurozone member, Slovakia's treaty network supports its role as a manufacturing and investment hub.
Treaty Network
70
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Slovakia
See how much you could save by moving here from your current country.
$-11,186
Tax in United States
$24K
24.4% effective
Tax in Slovakia
$36K
35.5% effective
Additional Cost
45.9%
more tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
