LAWIT / CHANGES / BUSINESS / VAT / UPDATED 12 October 2026
Changed1 Jan 2025
VAT registration: the €50,000 and €62,500 thresholds
Since 2025 turnover is assessed per calendar year; above €62,500 you become a VAT payer immediately.
AWhat changed
From 1 January 2025 the obligation to register as a VAT payer is assessed on turnover for the calendar year (not 12 consecutive months). If turnover exceeds €50,000, the business becomes a VAT payer from 1 January of the following year; if it exceeds €62,500 in the current year, it becomes a VAT payer with the very supply that crossed the threshold.
BWhen
From 1 January 2025.
CWho it affects
- Sole traders and companies that are not VAT payers and whose turnover is approaching the thresholds.
DWhat to do
- Monitor your calendar-year turnover as you go.
- File the registration application within 5 working days of exceeding the threshold.
Explanation
According to available information, the proposal to raise the threshold that was discussed in 2026 did not become law; the thresholds above apply.
Sources
- Podnikajte.sk: VAT registration from 2025 (in Slovak)
- Právne noviny (TASR, SKDP): Changes to VAT registration (in Slovak)
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