- Taxable person: Any person conducting economic activity independently
- Taxable transactions: Supply of goods and services within Slovakia, acquisition of goods from another EU member state, import of goods into Slovakia
- VAT registration: Mandatory for those exceeding €49,790 turnover, voluntary registration possible, specific rules for those supplying exempt goods/services
- Changes effective from 1.1.2025: EU Council Directive 2020/285 implementation, affecting registration rules for domestic and foreign entities
- Definitions provided for key terms, conditions for mandatory and voluntary VAT registration outlined
- Specific changes from 1.1.2025: VAT payer status criteria, turnover calculation based on calendar year, registration deadline, mandatory registration for those providing exclusively VAT-exempt services
Source: financnasprava.sk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
