The Ministry of Finance of the Slovak Republic is preparing a draft Act No. 222/2004 Coll. on Value Added Tax, as amended (hereinafter referred to as the “VAT Act”) to transpose Article 0 of the Council Directive (EU) amending Directive 2006/112/EC as regards VAT rules for the digital age, approved on 5 November 2024 by the Council of Ministers (Ecofin) (hereinafter referred to as the “Directive”), and thus introduce mandatory electronic invoicing for taxable persons who are payers of value added tax (hereinafter referred to as the “payer”), as well as mandatory reporting of data from domestic transactions from electronic invoices to the financial administration in real time.
The amendments to the VAT Act are to introduce an obligation for payers to prepare and receive invoices in the established electronic format, effective from 1 January 2027. An electronic invoice will only be considered an invoice that contains the information required by the VAT Act and that is prepared, sent and received in a structured electronic format that allows for its automatic and electronic processing.
Effective from 1 January 2027, it is planned to introduce the obligation to report in real time to the Financial Administration of the Slovak Republic data from prepared and received electronic invoices for domestic transactions.
We will monitor the legislative process and will continue to inform you about current changes.
