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Slovakia: Country and Foreign Investment

Investment Incentives

Grants and concessions are available to foreign residents and investors in the form of tax relief, financial grants, training and the creation of new jobs. The Slovak government can also assist with the acquisition of real estate for business use at values lower than market value. The private sector in Slovakia currently contributes 80% to GDP.

The form and amount of aid varies depending on the sector and must comply with EU State Aid regulations. Different conditions apply to the manufacturing, technology and tourism industries. Slovakia passed a new Investment Incentive Act in 2009 to assist research and development facilities.

Businesses in Slovakia benefit from a flat corporate income tax rate of 23% (19% prior to 2013), including on capital gains. Income from dividends is exempt from corporate income tax.

 

 

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