Car leasing in Slovakia

Car leasing is a long-term rental under which the client, by making periodic payments, has the right to buy the vehicle at its residual value and become the owner of the leased car. Lease payments include part of the cost of the car itself, rental fees, and premiums for various services.

To lease a car in Slovakia for an individual, you must be a citizen of the Slovak Republic or have permanent residence here. The applicant must not have debts to the insurance, social service, or tax authorities. You must show the source of income. In this case, you can count on getting a car on lease.

The process of acquiring a car on lease for a company is simpler. An important condition is that the company for which you want to get a lease operates without losses in Slovakia, submits annual reports and has no debts in Slovakia. The amount of the company's income is of great importance. Annual profit proportionally depends on the volume of the lease acquisition. You can also get a car on lease not through a company if you have a residence permit. The main thing is that the residence permit card has a business status.

There are about 10 companies in Slovakia that offer leasing services for purchasing a car. Some companies do not require the submission of a current annual report to the tax office, but want to see that the company has been operating in the SR for more than one year, has turnover on accounts and has no debts. If the business has debts, the leasing company will ask to pay them off. After concluding the contract when receiving a lease, it is necessary to insure the transport and register the company.