The corporate income tax return for 2024 is filed by all legal entities with their registered office in the Slovak Republic that carry out business activities or other gainful activity.
The tax return must be filed within three calendar months after the end of the tax period, i.e. by March 31, 2025. It is possible to request an extension of this period for another three months, but no later than June 30, 2025.
A tax license, i.e. a minimum tax for legal entities, has been introduced since January 1, 2024. If the calculated tax liability does not reach the specified minimum amount, the taxpayer is obliged to pay the minimum tax. The amount of the minimum tax depends on the following factors:
Legal entities that employ at least 20% of employees with disabilities are entitled to a 50% reduction in the minimum tax. Newly established legal entities do not pay the minimum tax in the year of their establishment, except in cases where they were established as a legal successor to a dissolved company without liquidation.
New form templates will be used for filing tax returns for 2024. It is important to familiarize yourself with these changes and use the correct form when filing your return.
When filing a tax return for 2024, it is possible to deduct tax losses from previous periods. The deduction is limited and subject to specific rules set out in the Income Tax Act.
Legal entities are required to file their tax returns electronically via the financial administration portal. It is necessary to have access to this portal and have an electronic signature.
If the tax liability for the previous period exceeded the specified limit, tax advances must be paid during 2025. The amount and frequency of the advances depend on the amount of the tax liability for the previous period.
We are proud of our clients - both long-term and new ones.
They put their trust in our hands at the start of the business and many of them are still with us.
Ubique is a branch of an English staffing agency that provides Tata Technologies (an Indian multinational company engaged in technology and IT services in the automotive and aerospace industries) with the transfer of highly qualified IT workers from India to the Jaguar Land Rover plant in Nitra. We helped the Ubique agency to secure the immigration agenda for the transfer of workers. This collaboration has been going on for years and we are happy to help Ubique.
Since 1994, Slovak company Slovakodata has been dedicated not only to SAP implementation of processes in banking, insurance, public administration and industry. Our company provides legal services in the area of the Commercial Register. We are proud to be a long-term supplier of this company.
Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It covers homes, buildings, data centers, infrastructure and industries through a combination of energy technology, real-time automation, software and services. We are glad that we can help her with the mobility of employees between companies in individual European countries.
We are very happy that we could help with the relocation of the Boroumand family to Slovakia from Iran, and thanks to us they started doing business in a new environment. We are very proud of them, son Yasha started studying in Slovakia at a prestigious American academy and later got to the technical university in Vienna.
ISPER was founded in 2005 as a local internet service provider. Since its inception, it has been actively building and improving its optical and radio network, through which it provides services to end users.
Currently, ISPER operates more than 50 km of its own optical routes, more than 100 connecting transmitters, 5 server rooms and data centers - all this for its several thousand satisfied residential, home and corporate clients.
SMARTUP helped ISPER in establishing business companies as well as in employing foreigners.
It is a leading manufacturer and provider of perimeter fencing and industrial mesh. The company has been a world leader in perimeter protection for over 135 years and their products are available in over 100 countries. Betafence also has its branch in Slovakia, and our company provided them with legal advice.