|E-invoicing is voluntary||No|
Slovakia Electronic Invoicing and Digital Reporting Requirements
|Indirect tax control regime||Post audit (CTC is proposed)|
|E-Invoicing/CTC Model||Post audit (Clearance e-invoicing regime is proposed)|
|Obligation status||Postponed (effective from April 2023)|
|Governing entity||Ministry of Finance of the Slovak Republic|
|Infrastructure/platform||E-Invoicing Information System (IS EFA)(Informačný Systém Elektronickej Fakturácie)|
|Taxpayers||All VAT-registered or resident taxpayers in Slovakia|
|Domestic Transactions||B2B - no, B2C - no, B2G - yes (from April 2023)|
|Cross-border Transactions||Export - no, Import- no|
|Documents||Invoice, credit note|
|Supplier-side requirements (AR)|
|Format(s) while sending to the platform||XML|
|Format for exchange with buyer/recipient||XML|
|Buyer-side requirements (AP)|
|Receiving document in electronic format||Mandatory for public entities|
|Acknowledgement of receipt||N/A|
|Response to the document received (Accept or reject)||Not possible|
|Archiving Abroad||Allowed with conditions|
|Archiving Period||10 years from end of the fiscal year|
|Other Digital Reporting Obligations|
|SAF-T or other accounting filings||No|
Currently, e-invoicing and digital reporting are not mandatory in Slovakia but are permitted. Although, the Ministry of Finance is working on the introduction of Slovakian e-invoicing system. It is likely that e-invoicing for B2G transactions is expected to become mandatory from April 2023 and there are proposals in relation to the extension of the obligations to B2B transactions too, but to date, the proposed draft law is yet to be approved.
In the first half of 2019, a new requirement was introduced in Slovakia, which mandates all cash registers to have a direct online connection to Slovak Financial Directorate through a system called "eKasa". Through this system, all transaction data is transmitted automatically to the Tax Authorities. Additionally, the use of electronic cash registers abolishes the need to print bills if the customer agrees to receive the bill via email.
What Types of Businesses Does This Apply to?
All invoices between business entities (B) and state administration bodies (G) should be submitted through the E-invoice system expectedly from April 2023. In the current project setup, only B2G and G2G invoices are handled exclusively.
Governmental Body Responsible for E-invoicing in Slovakia
|The Ministry of Finance of the Slovak Republic (Ministerstvo Financií Slovenskey Republiky)|
|Official website of the tax authority|
Penalties for Not Adhering to Slovakia's E-invoice Mandates
A penalty between EUR 30 and EUR 3,000 might be imposed on taxpayers, who fail to comply with any of the obligations of non-monetary nature.
What does the e-invoicing process in Slovakia look like?
- Businesses should use an invoicing tool to issue an invoice.
- The user has to log in to the E-Invoicing Information System.
- Sending an invoice in XML format via an application programming interface (API).
- File submission via XML invoice import using web UI.
- Through a web form to create and send invoices in the web user interface.
Is SAF-T Needed in Slovakia?
SAF-T is not introduced in the Slovak Republic.
E-Invoicing & Global Tax Automation with Fonoa
One way to comply with Digital Reporting Requirements in Slovakia is to use a provider like Fonoa.
With Fonoa you can:
- Have one integration for your global needs, including Slovakia
- Save time and money by automatically cleaning your data to minimize errors and manual work
- Utilize our validation mechanisms to ensure reporting accuracy, data completeness, full control, and compliance
- Rest assured that transactions are successfully reported or queued for internal investigation with our retry mechanisms
- Get full visibility with our dashboards by filtering criteria, analyzing granular transaction data, and quickly importing /exporting information