About the Client SF1 Clips helps international brands such as Victoria’s Secret, Pandora, and Nespresso enter the markets of Central and Eastern Europe. Their business model is flexible and adapts to the specific needs of each brand, while at the same time requiring a unified approach to process management across countries. When expanding into new…
The Financial Administration of the Slovak Republic has published a template and an official electronic form for the Notification on the Use of a Passenger Motor Vehicle for Business Purposes (published template of notification form in Slovakia – OZNMVv26). The new form must be used by all entrepreneurs who, as of the new year, declare…
The Ministry of Finance of the Slovak Republic has published the announced measure determining the basic subsistence allowance rates for foreign business trips. At the same time, for selected countries, the subsistence allowance has been set in the local currency instead of the original currency, the euro. Below, we provide an updated overview of subsistence…
With the introduction of the new Consolidation Package we informed you here recently, new rules will come into force for all businesses regarding the use of company car and the deduction of VAT related to such use. These changes will have a significant impact not only on VAT but also on income tax and the…
The Ministry of Finance of the Slovak Republic has published the official template of the tax return for the top-up tax (QDMTT rule), including methodological guidance for its completion. The published tax return form represents another step resulting from the implementation of the Pillar II rules in Slovakia. Following our previous article on the top-up…
As part of the recently approved 3rd consolidation package, a general waiver of penalties – the so-called tax amnesty – was introduced. This instrument applies to all taxpayers who have failed to pay part of their tax liability. Below, we provide an overview of the practical interpretation of the tax amnesty, which is valid only…
As part of the implementation of measures to combat tax fraud and prevent VAT evasion, Slovakia has adopted an amendment to the VAT Act introducing new conditions for the registration of a VAT group by the tax authority. These conditions apply from 1 January 2026. The new legislation focuses on entrepreneurs operating through multiple companies…
Based on data from the Statistical Office of the Slovak Republic, the condition for increasing the basic compensation for the use of motor vehicles during business trips was met in October 2025. Therefore, the Ministry of Labour of the Slovak Republic is increasing the basic reimbursement rate for the use of motor vehicles. Basic Reimbursement…
During the approval process of the Act on the Registration of Sales, the parliamentary committee added a significant increase in sanctions and fines for breaches of tax obligations to the draft legislation. As of the new year, new penalty limits apply for failure to fulfil basic tax obligations under the Tax Code. These conditions apply…
The amendment to the Motor Vehicle Tax Act approved in 2025, has introduced several legislative changes concerning tax rates, likewise the method of calculating the tax, vehicle classification, and conditions for exemptions. Below is a brief overview to help you understand your tax obligations at the beginning of the year. Changes in the Method of…