Invoicing in Slovakia
In Slovakia, as in most countries, an invoice is required to substantiate claims for input tax deductions. Slovak VAT payers must issue invoices for all taxable supplies, as these are crucial for input claims. Failure to provide invoices can result in fines imposed by the authorities.
The Slovak Republic prescribes specific legal requirements for invoices that businesses need to heed. The Slovak VAT Act explicitly states that for an e-invoice to be considered valid, it must be signed by an authorized person using an electronic signature.
Learn more about invoice requirements in Slovakia in our comprehensive guide.
Slovakia Invoicing
Information
Invoices in Slovakia should also be issued within fifteen (15) days from the:
- Date of supply.
- Date of payment (if payment is made prior to the supply date).
- End of the month (for tax-exempt goods supplied to another EU Member State).
- End of the calendar month of the date of supply or date of payment if made before the supply date (for services where the place of supply is another EU Member State).
- End of the calendar month of the decision (for tax base corrections due to cancellation or change of price).
The following information is required on invoices in Slovakia:
Full VAT invoice
- Identity of the seller and customer with their respective VAT registration ID.
- Invoice number (a distinct, sequential number).
- The supply date or the payment date
- Date of issuance.
- Nature and the quantity/extent of the supply.
- Taxable amounts per VAT rates.
- Unit price exclusive of VAT and any discounts or rebates.
- The applied VAT rates.
- Total VAT payable in EUR excluding those under a special scheme.
- Details of the VAT exemption with applicable statutory references or the phrase “the supply is exempt from VAT” or “dodanie je oslobodené od dane” (if applicable).
- The phrase “self-billing” or “vyhotovenie faktury odberateom” if the customer issues the invoice in the name of the seller.
- The phrase “reverse charge” or “prenesenie danovej povinnosti” if the customer is responsible for the VAT payment.
- Details about the new means of transport supplied (if applicable).
- References related to specific margin supplies (if applicable).
Selling in Slovakia?
Electronic Invoicing
In Slovakia, the use of electronic invoices is typically not compulsory, as stated in Section 71 of the VAT Act. However, Act 215/2019, which was issued on June 18, 2019, mandates public entities to accept and handle electronic invoices for B2G transactions that exceed a value of 5,000 euros.
Simplified Invoice
Simplified invoices are permitted for sales of EUR 400 or less. This type of invoice will only require the gross amount and the VAT rate to be stated in the invoice.
The taxable person can issue simplified invoices with lesser details than that of the full VAT invoice. In Slovakia, the following documents are considered simplified invoices:
- Any document issued for the supply of goods or services, if the payment for the goods or services supplied, including VAT, is not more than 100 euros and paid in cash.
- A receipt generated by an electronic cash register, if the payment for the goods or services supplied, including VAT, is not more than 1000 euros when paid in cash or 1600 euros when paid electronically.
Last Updated: 14/11/2023
Disclaimer
The information provided by Global VAT Compliance B.V. on this webpage is intended for general informational purposes only. Global VAT Compliance B.V. is not responsible for the accuracy of the information on these pages, and cannot be held liable for claims or losses deriving from the use of this information. If you wish to receive VAT related information please contact our experts at support@gvc.tax
