E-invoicing compliance and regulatory updates - Slovakia

Electronic Invoicing Slovakia

Slovakia continues its path towards e-invoicing for 2022. The Slovakian government has completed its central national e-invoicing system and communications platform called IS EFA.

Although the electronic invoicing in Slovakia is currently voluntary, current developments indicates that it will become mandatory for B2G and B2B transactions.

The Slovakian Minister of Finance, in collaboration with the public administration, implemented a unified process for electronic invoicing to fight tax fraud and to speed up tax collection. The electronic invoicing system allows businesses to send e-invoices in a structured data format to the tax authority.

The Slovakian Ministry of Finance has announced that Slovakia will move to a clearance model and is implementing electronic invoicing according to the following phases:

• January 2022: Voluntary B2G e-invoicing

• Q3 2023 - Q1 2024: Phased mandatory B2G e-invoicing

• 2025: Predicted B2B and B2C e-invoicing implementation date

For foreign companies, it is necessary to use email as a channel for delivery and reception of all electronic invoices under the jurisdiction of the Slovakian Public Administration. Once received and verified by the government email, the invoice will be confirmed or rejected through email.

Want to learn more about e-Invoicing compliance?

Download our Global e-invoicing and Tax Compliance fact sheet here for more information.

Archiving

A taxable entity may freely choose where to store invoices. The taxable entity is obliged to provide the tax administrator with immediate access to the invoices upon request. If invoice storage is outside of the territory of Slovakia and the invoices are in electronic form, the taxable entity is obliged to provide the tax administrator with free electronic access.

Generally, invoices must be stored for 10 years after the end of the tax period in which the service was provided.

Invoices may be converted from paper form to electronic form and stored in the form as long as the method used for transmission and storage ensures the credibility of the origin, the integrity of the content, and its readability. The invoices must also have been transferred to an electronic form guaranteed by the electronic signature of the person responsible for the transfer.

Want to know more about Basware’s archiving services?

Download our Basware Vault fact sheet here to learn more about our flexible and scalable solution.

Basware Services

Invoice sending is supported with the exception of paper and B2G invoice sending.

Incoming invoices can be electronic invoices (EDI, or PDF). Basware also supports paper invoices with CloudScan or Scan & Capture (BPO).

Basware portal is not supported.

Basware Vault can be used for both receiving and sending.

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Interoperability

Our advice

To accelerate processes and increase data quality, Basware recommends using electronic or PDF invoices.

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