Slovakia
General Overview
- Currency: Euro (EUR)
- Languages: Daily and business communication in Slovak.
- Public Holidays: Total of 15 days national public holidays.
- Capital: Bratislava
- Fiscal Year: Running from Jan 1 to Dec 31.
- Minimum Hourly Wage: Not established, but minimum monthly wage exists.
Tax Essentials
- Income Tax Range: From 15% to 25%.
- Other Taxes: VAT 20%, Corporate tax 21%.
Social Security Contributions
- Employer Charges: From Approx. 35%.
- Employee Charges: From Approx. 13%.
Employment Contracts & Conditions
- Contract Types: Permanent, Fixed-term.
- Trial Periods: Up to 3 months.
- Paid Holiday: 20 days annually.
- Salary Payment Frequencies: Monthly.
- Termination Notice: Notice varies, typically 1-2 months.
Legal Benefits for Employees
- Medical Coverage: State (basic healthcare included).
- Common Non-Compulsory Benefits: Additional health insurance, meal vouchers.
Hiring Non-Resident/Non-European Workers
- Visa & Work Permits Obligation: Yes, for non-EU/EEA citizens.
- High-Skilled Worker Permits: EU Blue Card; requires a university degree and a job offer with a salary at least 1.5 times the average gross annual salary.
- Visa & Work Permits Timelines: Up to 3 months.
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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