When you receive a TIN, you are registered as a taxpayer, then you start receiving notifications on the amount of taxes and the deadlines for paying them. Let’s study the basic list of taxes.
Value Added Tax, VAT — Davek na dodano vrednost, DDV
There are three VAT rates in Slovenia:
- 5% - on library loans, books, newspapers and periodicals.
- 9.5% - on groceries, water supply, medicines, passenger transportation, event tickets, hotel accommodation.
- 22% - on everything else.
In Slovenia, VAT is included in the final goods' price, so individuals don’t pay it separately. A company must pay VAT if:
- The taxable turnover in the last 12 months exceeded € 50,000.
- The company purchases goods in the EU and the total amount per calendar year exceeds € 10,000.
- The company was established in Slovenia but provides services to another state or receives services from there.
Tax on business income — Davek od dohodka iz dejavnosti
It is an income tax imposed on individual entrepreneurs — s.p. It is paid on each salary or other income and has a progressive rate: the more you earn, the higher the tax.
Annual income: Up to € 8,755 — Tax rate: 16%.
Annual income: From € 8,755 to € 25,750 — Tax rate: + 26% for difference over € 8,755.
Annual income: From € 25,750 to € 51,500 — Tax rate: + 33% for difference over € 25,750.
Annual income: € 51,500 to € 74,160 — Tax rate: + 39% for difference over € 51,500.
Annual income: From € 74,160 — Tax rate: + 50% for difference over € 74,160.
Annual income: From € 8,755 to € 25,750 — Tax rate: + 26% for difference over € 8,755.
Annual income: From € 25,750 to € 51,500 — Tax rate: + 33% for difference over € 25,750.
Annual income: € 51,500 to € 74,160 — Tax rate: + 39% for difference over € 51,500.
Annual income: From € 74,160 — Tax rate: + 50% for difference over € 74,160.
Here is a tax calculation example. Imagine you earned € 30,000 for the year:
- 16% - € 1,360 for income up to € 8,500.
- 26% - € 4,290 for income from 8,500 to € 25,000.
- 33% for difference of € 30 000 minus € 25 000 = on € 5 000 — € 1 650.
So, the tax on income of € 30,000 will be € 1,360 + € 4,290 + € 1,650 € = € 7,300.
Slovenia has tax incentives — davčna olajšava. In 2023, the total amount of income is 5,000 €. With this income, the entrepreneur in the example above will pay a tax of € 5,650 — € 30,000 minus € 5,000, i.e. only € 25,000 will be taxed.
Corporate income tax — Davek od dohodkov pravnih oseb
Legal entities pay annual income tax at the beginning of the year for the previous year after submitting the annual report by March 31. The tax rate is the same for everybody — 19%.
Property tax
All real estate is taxed at 100% of the generalized market value. The tax rate depends on the property type: resident or non-resident. The tax is higher for the latter, where the owner is not registered and there is no rent agreement for at least six months.
Tax for different real estate types:
- 0.07% - for a forest land plot.
- 0.15% - for the resident’s housing.
- 0.75% - for commercial and industrial real estate.
There is a road fee for car owners. You will know the fee amount when registering your vehicle in Slovenia. The amount depends on the vehicle type, its power, the number of drivers and their history, and the vehicle’s ecological class.
Thinking about starting a business in Slovenia?
You can leave a request and we’ll help you figure out taxation processes.
You can leave a request and we’ll help you figure out taxation processes.
