Slovakia: Tax-Efficient Sectors
Tax-Efficient Business Forms
The Slovakian government is keen to encourage new investment in the country. Corporate tax relief may be offered to new investors creating employment in the country. Property for carrying out a business can also be available from the State at prices below market value. Grants are available for research and development establishments and job creation – the State may pay as much as 30% of an employee’s wages. Capital gains are taxed at the flat rate of 23% (19% prior to January 2013) and receive no special treatment.
There is a new scheme for regional State aid, set out in a strategy document covering the period 2007-2013. Most areas, except Bratislava, meet the criteria for State aid in developing regions. New legislation was introduced in 2008.