Slovakia to introduce e-invoice reporting

6 January 2022

Slovakia will introduce a new real-time invoice-reporting regime for all VAT registered businesses. Once fully implemented, this will apply to all taxable transactions in the country. 

The introduction of the new regime will be phased in, and the key dates can be seen below:

• Phase 1 – August 2021 – December 2021 – Testing of the new system by selected VAT registered businesses.
• Phase 2 – January 2022 – Electronic invoicing regime will go live for all sales and purchases from government departments.
• Phase 3 – January 2023 – Electronic invoicing regime goes live for all businesses registered in the country.

Although the new regime will apply to all VAT registered businesses, only resident businesses will be able to declare their sales to the Slovakian tax authorities via a new e-invoicing platform. This is instead of sending invoices to their customers themselves. Non-resident businesses will not be able to use this platform and will send and receive invoices to and from the Slovakian tax authorities via a dedicated email address.

The Slovakian tax authorities will then check these invoices and if correct, they will approve them by applying a digital stamp. They will then send the invoice directly to the customer on behalf of the supplier via the new system.

It’s hoped this new invoice-reporting regime will prevent common errors on these types of invoices and will also help prevent VAT fraud in the country.