Investments can be a form of tax relief for companies in Slovenia. The Slovenian Tax Office (FURS) has also issued a brochure on investment incentives, in which it precisely defines the assets that are the subject of the relief. As March is the month of tax declarations, we advise you to read below how you can reduce your corporate income tax base or personal income tax base with tax relief.
You can also call our experts on +386 1 6006 270/+386 1 6006 274. You can also call on our Viber/Whatsapp +386 40 530 718/+386 64 173 02. Also write to us on [email protected]
Do you need support with your business in Slovenia and have a question on tax relief as well? Are you also interested in the motor vehicle tax or property tax? Would you like to learn about the changes of minimum salary in Slovenia? Our tax advisors are able to help! DATA d.o.o. can support you with your business in Slovenia. In addition to the company registration services, we also provide accounting services. Our legal department can also support you with every aspect of the law. Also, you can follow us on Facebook.
How much is the tax relief for the investment and how to claim it?
The tax relief for the investment amounts to 40% of the amount invested in equipment and intangible assets. You can claim tax relief by reducing the tax base in the tax return, but only up to 37% of the tax base. The total reduction of the tax base is now limited to 63% of the tax base. A company that makes a profit must thus pay at least 7% tax (19% on a tax base of at least 37% of profits).
Which investments can you include in the tax relief?
The can apply for tax relief for:
- equipment (computer equipment, machines, devices, tools),
- electric or hybrid vehicles,
- patents and
however, it does not apply to furniture, motor vehicles and rights to real estate.
When claiming a tax relief for motor vehicles, they must meet ecological standards, ie meet the emission requirements of EURO VI. A taxi driver who uses a hybrid car and smartphone to do his job will be able to claim them as a tax relief.
Is the reduced tax relief based on any condition?
The taxpayers may not dispose of the assets for which they claim the tax relief before the expiry of the 3-year period from the investment in the assets or before the expiry of the depreciation period of the assets, if this is less than three years.
The reduction of the tax base due to the application of the investment relief is excluded by the application of the relief for investments in research and development. It means that a person liable for the same equipment and intangible assets for which he has already applied for the R&D investment allowance cannot apply for the investment relief as well.
Also, you cannot use the tax relief for funds and equipment financed as grants (either from the state or EU budget).
Do you need help with your business in Slovenia, EU? Contact DATA for support!
Do you plan to start a business in Slovenia? If you also want to ask us about employing foreigners in Slovenia, send us an email to [email protected] You can also call us on +386 1 6006 270/+386 1 6006 274 (our landline). You can also use our Viber/Whatsapp +386 40 530 718/+386 64 173 023. We are also available on skype data.business7.