Digitization for VAT in Slovakia

Slovakia is advancing its VAT digitization efforts by introducing mandatory e-invoicing for VAT payers starting in January 2027, aligning with EU directives for digital tax reporting. Real-time reporting for domestic transactions will follow, leading up to mandatory real-time reporting of cross-border transactions by July 2030 under the VAT in the Digital Age (ViDA) package.

The Slovak government is taking several steps towards VAT digitization, issuing preliminary information in late December 2024 on the introduction of mandatory electronic invoicing and real-time reporting of invoice data to the Financial Administration.

This proposal aligns with the European Union's (EU) directive for mandatory real-time reporting of cross-border transactions by 2030. However, Slovakia is advancing its timeline for domestic transactions with the following implementation schedule:

• January 2027: Introduction of electronic invoicing for VAT payers. Invoices must be issued, sent, and received in a structured electronic format, adhering to the European standard for electronic invoicing. This ensures uniformity and facilitates automatic processing.

• Real-Time Reporting for Domestic Transactions: The real-time reporting of domestic transactions will follow the guidelines set by the European Commission's VAT in the Digital Age (ViDA) package for cross-border transactions within the EU.

• July 2030: Mandatory real-time reporting of cross-border transactions. Slovakia will implement the legal acts approved within the ViDA package, ensuring that the reporting of cross-border transactions mirrors that of domestic transactions.