Quick facts on Slovakia E-Invoicing and VAT reporting
- Just like in any other EU Member State, e-invoicing is permitted in Slovakia, subject to the buyer accepting the exchange of electronic invoices.
- While Slovakia today is considered a post audit jurisdiction, a CTC reform is currently underway.
- The draft legislation is expected to be published in 2022. The Act should be valid from 1 January 2023 and the respective obligations are as of now expected from 1 January 2024. The system is expected to become mandatory for B2G transactions from January 2023.
- E-invoices can be stored in another Member State without notification, provided they are available in Slovakia should they be requested by the tax authority.
- Filed either monthly or quarterly and must be submitted through a downloadable form issued by the Slovakian tax authority.
- Additionally, Slovakia requires the submission of the Slovak Control Statement.
- Businesses who accept cash payments must use an ‘online cash register’ that connects directly to the tax authority system.
- Data submitted to the tax authority must be in XML format.