Slovenia: Business Environment
Slovenia applies a reduced VAT rate of:
A motor vehicle tax applies to all vehicles that are registered for the first time in Slovenia. The liability is on the entity that imports the vehicle, with rates depending on fuel range, engine power, and emission of CO2 and ranges from 0.5% to 31%. Furthermore, the government imposes an additional tax on motor vehicles with engine displacement above 2,500 cc that ranges from 0% to 16%, according to the size of the engine.
Bad debt provisions are only tax-deductible if the amount does not exceed the lower of: (i) the arithmetic mean of the bad debts written-off in the past three tax periods, under certain conditions specified in the tax law, and (ii) 1% of taxable revenues of the tax period.
Under certain conditions, a tax-deductible allowance for voluntary supplementary pension insurance may apply (of up to 24% of compulsory contributions for pension and disability insurance for insured employees, capped at EUR 2,819.01/year/employee).
Charitable donations made for humanitarian, disabled, charitable, scientific, educational, medical, sports, cultural, ecological, and religious purposes to residents of Slovenia or of EU or EEA member states are deductible, up to 0.3% of the taxable revenues, plus an additional allowance of 0.2% of the taxable revenues for payments made for cultural purposes and to voluntary organisations that work for the public interest to protect the public from natural and other disasters.
Tax losses may be carried forward to subsequent years without a limitation (but only up to a maximum of 50% of the actual tax base), whereas loss carrybacks are not permitted.
Currently, there is no specific tax levied on immovable property in Slovenia. However, a charge for the use of building land is levied on vacant and constructed building land owned by legal persons and individuals.
Social security contributions paid by the employer amount to 16.1% of the gross salary paid to employees.
Slovenia | Eastern Europe & Central Asia | United States | Germany | |
Number of Payments of Taxes per Year | 10.0 | 13.9 | 10.6 | 9.0 |
Time Taken For Administrative Formalities (Hours) | 233.0 | 226.2 | 175.0 | 218.0 |
Total Share of Taxes (% of Profit) | 31.0 | 36.5 | 36.6 | 48.8 |
Source: Doing Business, Latest available data.
Personal Income Tax | Rate varies between 16% and 50% according to the amount of the income |
From EUR 0 to 8,500 | 16% |
From EUR 8,501 to 25,000.00 | 26% |
From EUR 25,000.00 to 50,000.00 | 33% |
From EUR 50,000.00 to 72,000.00 | 39% |
Above EUR 72,000.01 | 50% |
Capital gains, interest, dividends, and rental income | 27.5% flat rate |
Find out more about Taxes and Accounting in Slovenia on GlobalTrade.net, the Directory for International Trade Service Providers.
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Latest Update: June 2022