Corporate Tax in Slovakia 2026: Rates, Minimum Tax & What an s.r.o. Pays
If you run a Slovak s.r.o. — or plan to open one — here is the 2026 tax picture in one sentence: corporate income tax is 10%, 21% or 24% depending on your revenue, dividends paid to individual owners cost another 7%, and every company owes at least a minimum tax of €340 a year. After Slovakia’s consolidation packages, the system in 2026 has more moving parts than the old flat-tax era, and several of them (the transaction tax, the new minimum-tax tier, e-invoicing from 2027) surprise foreign founders. This guide walks through everything a company pays, with euro examples.
Corporate income tax: three rates based on revenue
Slovak corporate income tax (daň z príjmov právnických osôb) is charged on taxable profit, but the rate is selected by your taxable revenue (turnover), not by the profit itself:
| Taxable revenue (year) | CIT rate 2026 |
|---|---|
| up to €100,000 | 10% |
| €100,001 – €5,000,000 | 21% |
| over €5,000,000 | 24% |
Two practical consequences for small companies:
- A consulting s.r.o. with €90,000 revenue and €40,000 profit pays only 10% (€4,000) — one of the friendlier small-business rates in the EU.
- Crossing €100,000 in revenue moves the entire profit to the 21% band. If you hover around the threshold in December, timing an invoice into January can legitimately matter.
Minimum tax: every company pays at least €340
Since 2024 Slovakia again levies a minimum corporate tax (often called the tax licence, daňová licencia). If your calculated tax is lower — including when you make a loss — you pay the minimum for your revenue band:
| Taxable revenue | Minimum tax / year |
|---|---|
| up to €50,000 | €340 |
| €50,001 – €250,000 | €960 |
| €250,001 – €500,000 | €1,920 |
| €500,001 – €5,000,000 | €3,840 |
| over €5,000,000 | €11,520 (new tier from 2026) |
Exemptions worth knowing: a company does not pay the minimum tax in its first year of existence, and the amount is halved for employers whose workforce is at least 20% disabled employees. A dormant s.r.o., however, still owes €340 a year — one more reason not to leave unused companies sitting in the register.
Dividends: 7% withholding on 2025+ profits
Profit that has already been taxed at company level can be distributed to shareholders. For individual owners (Slovak tax residents), the company withholds a final 7% tax on dividends from profits generated in 2025 and later (profits of the 2024 year carry a 10% rate; 2017–2023 profits 7%). No social or health insurance charges apply to dividends.
For a small company the combined burden is attractive: €30,000 pre-tax profit at 10% CIT leaves €27,000; after the 7% dividend withholding the owner nets €25,110 — roughly a 16% total tax wedge. Dividends paid to a foreign parent company are generally not subject to Slovak withholding (participation rules and treaties apply; jurisdictions on the non-cooperative list face 35%), which is worth checking case by case with an advisor.
VAT: 23% standard rate, registration at €50,000
The standard Slovak VAT rate is 23%, with reduced rates of 19% and 5% for selected goods and services. Registration duties changed recently and now work on a calendar-year turnover basis:
- crossing €50,000 turnover in a calendar year → you must apply for registration and become a VAT payer from 1 January of the following year;
- crossing €62,500 in the same year → you become a VAT payer immediately, with the very supply that crossed the line.
Monthly VAT returns and control statements are due by the 25th of the following month. The full mechanics — including voluntary registration, which many B2B companies choose from day one — are covered in our Slovak VAT guide.
The transaction tax: Slovakia’s unusual extra cost
Since 2025 Slovakia levies a financial transaction tax on business bank accounts, and from 2026 it applies only to legal entities (sole traders were exempted from 1 January 2026). For an s.r.o. it means:
- 0.4% of every outgoing payment, capped at €40 per transaction,
- 0.8% on cash withdrawals (no cap),
- a flat €2 per year per payment card used.
For a typical services company the cost is modest (a €10,000 supplier payment costs €40, a €500 payment costs €2), but high-volume trading businesses should model it — and it is one of the recurring items foreign founders don’t expect.
Payroll: what hiring adds
If your s.r.o. employs staff (including a director on a salary), remember that employer social and health contributions add 36.2% on top of gross wages, while employees have 14.4% plus income tax deducted. The minimum wage in 2026 is €915 per month. Full rates, caps and a worked example are in our Slovak payroll guide.
Other taxes and obligations worth knowing
A few smaller items round out the picture for a typical s.r.o.:
- Motor vehicle tax applies to vehicles used for business, with annual returns due in January.
- Real estate tax is a municipal tax that applies only if the company owns property.
- Double-entry accounting is mandatory for every s.r.o., and annual financial statements are published in the public register — Slovak companies are financially transparent by default.
- Every company must have a registered office in Slovakia and an activated electronic mailbox on slovensko.sk, where authorities deliver official documents. Deadlines run from electronic delivery, so someone has to actually read it.
Key deadlines and compliance calendar
- Corporate tax return: due by 31 March of the following year; an extension of up to three months (six with foreign-source income) is available by simple notification.
- Tax advances (preddavky): companies whose last known tax exceeded €5,000 pay quarterly advances; above €16,600, monthly.
- VAT return + control statement: by the 25th of the following month.
- Financial statements: filed with the tax return and published in the public register of financial statements.
- From 1 January 2027: mandatory structured B2B e-invoicing (Peppol format) for VAT payers — budget time in 2026 to prepare your invoicing software.
Worked example: small s.r.o., 2026
A one-person IT s.r.o. with €80,000 revenue and €30,000 profit:
| Item | Amount |
|---|---|
| Corporate income tax (10%) | €3,000 |
| Profit available for distribution | €27,000 |
| Dividend withholding (7%) | €1,890 |
| Transaction tax on the payout (0.4%, capped) | €40 |
| Owner receives net | €25,070 |
Add the €340 minimum-tax floor (irrelevant here — the calculated tax is higher) and roughly €500–€1,500 a year for accounting, and you have the realistic all-in cost of running a small Slovak company.
Common mistakes foreign founders make
- Assuming the 10% rate applies to profit under €100k — the threshold tests revenue, not profit.
- Forgetting the minimum tax on dormant companies — an empty s.r.o. still costs €340 a year plus filing obligations.
- Missing immediate VAT registration after crossing €62,500 turnover mid-year.
- Not budgeting the transaction tax for payment-heavy businesses.
- Paying out “dividends” before the annual financial statements are approved — distributions need an approved profit and a shareholder resolution.
Frequently asked questions
What is the corporate tax rate in Slovakia in 2026? 10% for companies with taxable revenue up to €100,000, 21% up to €5 million, and 24% above €5 million. A minimum tax of €340–€11,520 (by revenue band) applies even in loss years, except the first year.
How are dividends taxed in Slovakia? Dividends from 2025+ profits paid to resident individuals carry a final 7% withholding tax (10% for 2024 profits). No social or health contributions are due on dividends.
When must a Slovak company register for VAT? After exceeding €50,000 turnover in a calendar year (payer status from the next 1 January), or immediately upon crossing €62,500 in the same year. Voluntary registration is possible earlier.
Does Slovakia really tax bank transactions? Yes — legal entities pay 0.4% per outgoing payment (max €40), 0.8% on cash withdrawals and €2 per card per year. Sole traders have been exempt since 2026.
We’ll handle your Slovak taxes end to end
Rates are only half the story — the savings come from structuring revenue, salaries and dividends correctly and never missing a Slovak-language deadline. We provide accounting and tax compliance for Slovak companies with English-speaking support, and if you’re still at the setup stage, our company formation in Slovakia guide covers the incorporation step by step.