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Starting January 1, 2025, new rules for the tax bonus for children will be introduced in Slovakia. For children under 14 years old, the bonus amount will be €100 per month, and for children aged 15 to 17, it will be €50. The bonus will be canceled for children over 18 years old. Now, the amount of the tax bonus will depend on the number of children in the family: for one child — up to 29% of taxable income, for two children — up to 36%, for three children — up to 43%, for four children — up to 50%, for five children — up to 57%, and for six or m...

Most often, foreigners in Slovakia change their residence permit status to entrepreneurial. This is possible if they have a private enterprise or a company. To apply for a change in the purpose of a residence permit, you must provide an application, a photo, a bank statement from a company account, a statement from an individual entrepreneur account, a statement from a personal account, and registration in Slovakia. You must pay the state fee, the production of a plastic card, and a courier. The Foreign Police considers the change of status within three months. After receiving a residence per...

Some banks in Slovakia may close foreigners' accounts at their own discretion if they deem the client to be insufficiently reliable. Other banks prefer to keep clients as long as possible by charging a fee for account maintenance. Closing an account in SR is not difficult according to the law. To do this, you need to personally visit the branch of the bank where the account was opened and submit a corresponding application. A fee for closing an account may only be charged if this is stipulated in the terms of the service agreement. If you want to close an account in Slovakia while abroad, you...

Anyone applying for a residence permit in Slovakia must register. Registration can be done in any city in SR. The main requirement of the immigration police is that the visitor actually lives at his registered address. Every foreigner is obliged to be at his registered address for at least 183 days a year. If the place of residence has changed, you must submit documents to change the address of residence to the police within five days. Registration in Slovakia includes the name and surname of the owner, year of birth or identification number, address of the owner's permanent residence, number...

Equivalence of grades is a document that Slovak universities require from foreign applicants. The document contains information about the academic level of the applicant at school. In Slovakia, 1 point is the highest level (excellent), and 5 is the lowest (unsatisfactory). Each faculty of various universities in Slovakia sets its own requirements regarding what academic credits should be used to issue grade equivalence. Most often, this refers to transcripts of results for the last 3-4 years of study or an appendix to the certificate. To correctly process the conversion of grades at the reque...

Buying someone else's LLC in Slovakia may seem like a quick and convenient way to start a business, but this path is associated with a number of significant risks that are important to consider: Financial obligations. When you buy someone else's LLC, you take on not only the assets, but also all of the company's debts: loans, unpaid taxes, fines, and other debts. A full check of the company's financial history can be difficult. Reputational risks. The company may have hidden reputational problems, lawsuits or conflicts with counterparties. This may negatively affect your future relationships ...

Overtime work: An employee may work overtime no more than 8 hours per workweek. No more than 150 hours of overtime per year. More than 150 hours only with consent (maximum 400 hours per year). Work on weekends: Additional payment for work on Saturdays is set at 50% of the minimum wage per hour, and for work on Sundays - 100% of the minimum wage per hour. Night work: The bonus for night work is 40% of the minimum hourly wage; if the employee performs hazardous work, it is 50% of the minimum hourly wage. Work on holidays. The premium for work on holidays is 100% of the employee's average salary...

If your child is interested in or already professionally involved in sports, then it is worth thinking about his or her sports future. Sports and a healthy lifestyle are very developed in Slovakia. Representatives of this country increasingly take prize places and cups at world competitions. The first step to obtaining a sports residence permit in the SR is to select a sports club. After that, the child is tested. In case of successful testing and the consent of the given club to further cooperation, an agreement is concluded between the athlete and the club. To obtain a sports residence perm...

The procedure for obtaining a work visa in Slovakia may vary depending on the country from which the application is submitted and the type of work the applicant is applying for. In general, the application procedure consists of the following stages: Finding a Slovak employer and signing an employment contract. Preparation of documents. Application review. Obtaining a work permit in Slovakia. Obtaining a work visa and residence permit. To be registered as an employee in the Slovak Republic, a foreigner can obtain: single residence and work permit; work permit and temporary residence permit for...

In Slovakia, as in other EU countries, it is not possible to import certain types of souvenirs because they may be made from protected species of animals and plants. Categories of prohibited goods: Products made from coral, sea shells and turtle shells. They are often made from endangered species. Ivory, including tusks. Importing these items may result in serious legal consequences. Products made from crocodile and snake skin. Many species of these animals are protected. Stuffed animals and animal skins. Import of both exotic and some local species is prohibited. Plants and their parts. It i...

Every businessman, company manager, as well as an employee working under an employment contract, can reunite with his family in Slovakia. This can be done either immediately upon filing the first residence permit for the guarantor himself, or later at any time. The following persons may apply for a residence permit through family reunification: the guarantor's spouse; minor children; a dependent child from 18 to 25 years old; one of the parents who cannot take care of him/herself. Advantages of a residence permit for family reunification: The opportunity to live with your family in a European...

If there is a need to close a private enterprise (livestock) in Slovakia, then first it is necessary to suspend the activity of the private enterprise in the zivnostecky district. The form must be submitted electronically through the portal slovensko.sk. Livestock can be suspended for a period of one month to three years. During this time, the social service and the insurance company stop accepting payments. To close the livestock, you should submit documents to the tax office. Here you need to receive confirmation of the absence of debts. A similar request must be made to the customs service...

According to the Slovak Residence Permit Act, every third-country national must notify the Alien Police of a change of residence no later than 5 working days from the date of the change of address. Otherwise, the foreigner may be fined or even deported. The change of address must be reported to the Alien Police Department located in the area of the new residence address. This department must request that the foreigner's personal file be forwarded to the police at the place of residence. Since the address is indicated on the residence permit card, it is necessary to apply for its reissue. The ...

Slovakia is a wonderful country for anyone who wants to lead a measured, safe and comfortable life. It is a great place for families with children, businessmen and students. Pros of moving to Slovakia: The conditions for obtaining a residence permit are among the simplest among the EU countries. Low tax rates and an open environment for business. Good ecology, mild climate and beautiful nature. Rapidly growing economy. Popularization of sports. Hockey, football, and winter sports are popular. Locals also love cycling and hiking. Low crime rate and no migrants. Free education - both school and...

As in other countries of the European Union, in Slovakia you need to follow the rules to avoid being fined. Therefore, it is worth familiarizing yourself with the most common fines for bad behavior. Fines for littering on the street depend on the severity of the violation. For littering small items, they can be several dozen euros. For littering large items, they can be several hundred or even thousands of euros. The fine for travelling without a ticket may vary between regions and transport companies. It usually ranges from 40 euros on a tram to 100 euros on a train. The fine for crossing th...