- Late VAT Registration: Slovak taxable persons who exceeded the turnover threshold of 49,790 euros before 31 December 2024 but applied for VAT registration after 1 January 2025 must use the old registration form and will be registered according to the rules valid until 31 December 2024.
- Obligations for Late Registrants: These persons must determine the period they should have been VAT payers, file monthly VAT returns for that period, and calculate VAT retrospectively on transactions. They must also issue corrective invoices to customers and can claim input tax deductions for purchases used in taxable transactions.
- Compliance Requirements: Late registrants must submit control statements for each month they should have been VAT payers, and the calculated VAT is due within 25 days after the end of each calendar month. They must also handle any necessary adjustments and corrections as per the VAT Act.
Source Financnasprava.sk
