- Public Consultation for E-Invoicing: Slovakia has launched a public consultation to implement mandatory B2B e-invoicing, aiming to combat tax evasion and enhance tax compliance, with a proposed start date of January 1, 2027, for domestic transactions.
- Requirements for E-Invoicing: The proposed system mandates that VAT taxpayers issue and receive invoices in a specific electronic format aligned with European standards, ensuring automatic processing to reduce errors and standardize invoicing.
- Real-Time Reporting: E-invoice data must be reported to the Slovak financial administration in real time, which will streamline compliance and improve transparency in tax reporting.
- Alignment with EU Directives: The initiative is in line with the VAT in the Digital Age (VIDA) initiative and Directive 2014/55/EU, facilitating seamless cross-border transaction reporting within the EU by 2030.
- Implementation Timeline and Public Engagement: Key dates include changes to tax registration starting January 1, 2026, enforcement of mandatory e-invoicing by January 1, 2027, and expansion to cross-border transactions by July 1, 2030. The government encourages public feedback on the proposal by January 31, 2025, to ensure a comprehensive and effective implementation.
Source Marosa
Latest Posts in "Slovakia"
- International Operation Uncovers €137 Million Customs and Tax Fraud in Slovakia and Czech Republic
- Tax Office Can Register VAT Groups Without Consent from 2026: What Businesses Need to Know
- Slovak Republic Plans to Raise VAT Registration Threshold to EUR 83,000 from July 2026
- Slovakia Plans Major Expansion of Domestic VAT Reverse Charge to High-Risk B2B Services
- Slovakia Proposes VAT Threshold Hike to €85,000 Effective July 2026, Awaits Parliament Approval
