Slovakia

Eslováquia offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Bratislava

Sources: DG for Communication

Euro (€)

Sources: DG for Communication

Slovak

Sources: DG for Communication

5.4 Million

Sources: Eurostat

10-24% Corporate Tax

A new three-tiered system applies from 2025.

From 2025, Slovakia has a three-tiered corporate tax system: 10% for income up to €100k, 21% up to €5M, and 24% for income above €5M, creating a highly progressive framework.

12th in Tax Competitiveness

International Tax Competitiveness Index 2023.

Ranked 12th globally, Slovakia's tax system is recognised for its competitive rates and clear structure, creating an attractive environment for foreign investment.

Super-deduction for R&D

100% deduction of eligible R&D costs from the tax base.

Slovakia strongly encourages innovation by allowing companies to deduct 100% of their R&D-related expenses, effectively reducing the cost of research activities.

66% Achievement on SNS #1: Fast Startup Score

Efficiency of starting a business and administrative support.

Slovakia offers a supportive and efficient environment for new ventures, making it straightforward for entrepreneurs to launch their businesses.

1.3% GDP Growth in 2025

Annual real GDP growth rate forecast.

Slovakia's economy is projected to grow strongly, driven by its powerful automotive industry, strategic location, and increasing integration into EU supply chains.

50% on SNS #6: Access to Finance Score

Availability of public and private funding for startups.

Slovakia's access to finance for startups is developing, with a growing presence of venture capital and government initiatives aimed at supporting innovation.

45th on Ease of Doing Business Ranking

Stable business climate with efficient cross-border trading and startup processes.

Slovakia offers a business-friendly regulatory environment, with streamlined processes for areas such as trading across borders and getting electricity.

€17.20/hr Labour Cost

Competitive Rate in EU Business Economy. 2025.

Slovakia's competitive labour costs, combined with its highly productive and skilled industrial workforce, offer a powerful advantage for businesses.

Slovakia's progressive personal tax system, with rates of 19% and 25%, funds the country's public services while maintaining competitive rates for the region.

Slovakia provides universal access to healthcare for its citizens and is focused on modernizing its systems to improve patient outcomes and service quality.

With a low cost of living compared to other EU countries, Slovakia offers an affordable and high-quality lifestyle in the heart of Central Europe.

With its beautiful natural scenery, rich folk traditions, and a strong sense of community, Slovakia offers a balanced and satisfying quality of life.

Ranking in the top tier for global peacefulness, Slovakia is a safe and stable country with low crime rates, providing a secure environment for residents.

With a high employment rate and a skilled industrial workforce, Slovakia offers a robust and dynamic job market with excellent opportunities.

Slovakia is committed to its digital transformation, providing a high level of online public services to increase efficiency for its citizens and businesses.

With inflation forecast to decline, Slovakia's economy is on a path to greater price stability, ensuring a more predictable environment for consumers and investors.

EU/EEA nationals do not need a visa to enter, live, work, or study in Slovakia; just register with the local police within 10 days of arrival.

Non-EU nationals seeking to live, work, study, or do business in Slovakia must apply for a visa or residence permit through official government procedures.

Slovakia’s embassies and consulates abroad provide official visa application, residence permit, and consular support services for travelers and non-EU nationals.