[ESTABLISHING A BUSINESS ENTITY IN SLOVAKIA] 423
This memorandum is for information purposes only. Under no account can it be considered as either a legal opinion or advice on how to proceed in particular cases or on how to assess them. If you need any further information on the issues covered by this memorandum, please contact Mr. Lubomir Lesko (lesko@peterkapartners.sk) or Mr. Jan Makara (makara@peterkapartners.sk). PETERKA & PARTNERS is a full-service law firm operating in Central and Eastern Europe providing one- stop access to an integrated regional service. The firm provides legal services to the multinational companies active in the region as well as leading local groups, providing them with complex legal solutions with an exceptional commercial value. For more information, contact Mr. Lubomir Lesko (lesko@peterkapartners.sk) at ILN member, PETERKA & PARTNERS .
with Slovakia are subject to a 35% withholding tax. Dividends distributed by a Slovak resident entity (as from 2017 profits) to an entity residing in a country that has concluded a tax treaty with Slovakia is exempt from a withholding tax. Dividends distributed by a Slovak resident entity (from 2017 profits) to individuals residing in Slovakia or a country that has concluded a tax treaty with Slovakia are subject to a 7% withholding tax (the rate may be modified by the tax treaty). Interest paid to a non-resident entity is subject to a 19% withholding tax (the rate can be reduced by a tax treaty or exempt under EU legislation). A 35% withholding tax applies if the payment is carried out to a resident of a country without a tax treaty. The same applies for royalties.
ILN Corporate Group – Establishing a Business Entity Series
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