The taxation in Slovenia is represented by the integrity of the tax forms that must be paid in order to meet the fiscal, economic and social objectives. The taxation system in Slovenia is also an important part of the economic and socio-political system, along with the social security contributions, customs systems and other charges, that form the fiscal system of Slovenia.
Corporate tax in Slovenia
The corporate tax must be paid by legal entities that achieves profit from the registered activity and are headquartered in Slovenia or practice the registered activity on the territory of Slovenia.
The tax base is the profit after tax return. The tax is levied on an annual basis and currently stands at 17%. The taxable person shall pay advance tax in the current year in monthly or quarterly installments in proportion to the amount of the tax base after the last tax return. The tax relief reduces the tax base and tax liability.
Personal income tax
Another part of the taxation in Slovenia is the personal income tax. This tax is paid by a natural person resident in the Republic of Slovenia, with personal incomes during a calendar year. Individuals who are not residents of Slovenia are also eligible for paying income tax in case they have continuously produced incomes for at least six months on Slovenian territory. The income tax in Slovenia is paid on a progressive tax scale of 16%, 27%, 41% and 50%.
Employers must also pay the employees' contributions for health and injury at work, contributions for pensions and disability insurances, contributions for parenthood and employment. The employer pays 22.10% (calculated in accordance to the employee's wage) for these contributions, while from the employee’s wage is withdrawn an amount of 16,10%.
VAT in Slovenia
Another important part of the taxation in Slovenia
is the value added tax
or VAT, which is payable at the place and time where goods or services were provided.
The tax rate in Slovenia is currently 22% and the reduced rate of 9.5% is applicable for certain goods or services. The exports from Slovenia are exempted from VAT payment.
Taxable persons become liable for the VAT return when the annual turnover does not exceed EUR 50,000 in the last calendar year.
The dividend consists in payment of the participation in the profits of the company on the basis of shareholding. The dividend tax in Slovenia is calculated at a tax rate of 20%. The dividend tax is charged to the company/legal person that pays the dividend. When the dividends are reinvested in the same company or in other company with the purpose of creating jobs or for strengthening the company's potential on the market, the divided tax is returned by filling a certain application.
Tax for real estate
The tax for real estate properties is another fiscal obligation included in the taxation in Slovenia
. This tax must be paid by any natural or legal person who is recorded in the Land Register as an owner of a real estate property
. The tax rates are as follows: For buildings or parts of buildings including the land on which they stand: 0.15% for residential properties; 0.50% for non-residential property; 0.75% for commercial and industrial property, excluding energy of real estate; 0.40% of the energy property; 0.30% for agricultural buildings; 0.50% for other buildings.
For land without buildings the tax rates are: 0.15% for agricultural land; 0.07% of forest land; 0.75% of the land for commercial and industrial use; 0.40% of the land for the purposes of energy; 0.50% of the land for the construction of buildings; 0.50% for the remaining land; 0.15% of the land for residential use (functional areas).