Overview of selected obligations

• Preparation of the financial statements and the annual report as at 31 December 2024 and their filing with the register of financial statements by 31 March 2025 (or, if extended, by 30 June 2025 or 30 September 2025);
• Approval of the financial statements within one year from the date of the financial statements, i.e. by 31 December 2025;
• Filing of the financial statements (together with the annual report) in the collection of deeds within 30 days of their approval, by their filing with the register of financial statements.

1. Taxes

a. Corporate income tax
The corporate income tax return must be filed within three months after the end of the tax year, i.e. usually by 31 March. The company is also obliged to pay the tax within this period.
A company can extend the deadline for filing its tax return:

• for up to an additional three full calendar months (i.e. until 30 June 2025) if the company files the notice of extension of the deadline for filing the tax return until 31 March 2025, or
• for a maximum of an additional six full calendar months (i.e. until 30 September 2025) if the company's income includes taxable income derived from abroad and the company files the notice of extension of the deadline for filing the tax return until 31 March 2025.

2. Annual Report

a. Compilation of the annual report
Companies that are required to have their financial statements audited are required to prepare an annual report, the purpose of which is to provide a comprehensive, balanced and integrated view of their performance, operations, current economic situation and the expected future development of the company's business.
Companies that are required to have their financial statements audited shall publish their financial statements, including the annual report, after they have been audited, no later than one year from the date of the financial statements, irrespective of whether those documents have been approved in the prescribed manner. If the company's accounting period is a calendar year, the latest possible date for the deposit of the annual report shall be 31 December 2025.

b. Compilation of the income tax information report
If the company is part of a business group (i.e. controlled by another person or included in a group of companies or a concern), then it is required to prepare an income tax information report, which is usually part of the annual report. The company is also required to publish the income tax information report or a link to the website of the registry on which the report is stored and on its website for a minimum period of 5 years from the end of the accounting period for which it was prepared.

3. Financial statements

a. Preparation of the financial statements and their filing with the register of financial statements
The statutory body of the company ensures the preparation of the company's financial statements. The financial statements are drawn up as at the date on which the company's books are closed, which for most companies is currently 31 December 2024. The company is obliged to file the financial statements with the register of financial statements by the deadline for filing its corporate income tax return, i.e. by 31 March 2025 (or by 30 June 2025 or 30 September 2025 if the deadline is extended), and the company is entitled to file the financial statements not yet approved by that deadline.

The tax authority shall impose a fine of up to 2% of the total amount of the company's assets for failure to deposit the financial statements in the register of accounts, or between EUR 100 and EUR 10,000 if the company shows no assets or the total amount of the company's assets cannot be ascertained.

b. Approval of the financial statements
The general meeting of the company or the sole shareholder is required to approve the annual financial statements within six months from the date for which the accounts were prepared, usually by 30 June of the following calendar year.

If the company does not approve the financial statements within six months from the date of their preparation, it has the option of filing the unapproved version with the register of financial statements. The company is then obliged to approve the financial statements subsequently, at the latest within one year after the end of the accounting period for which the financial statements were prepared, i.e. by 31 December 2025 at the latest (if the company's accounting period is a calendar year). The company shall file the notification on the date of approval of the financial statements with the register of financial statements no later than 15 working days after the date of their approval.

In the case of companies that are required to have their accounts audited, it is recommended that the appointment of the auditor for the following financial year be part of a resolution of the general meeting or sole shareholder, and the auditor may be appointed for more than one period.

For failure to approve the financial statements, the tax authority shall impose a fine of up to 2 % of the total amount of the company's assets, or between EUR 100 and EUR 10,000 if the company shows no assets or the total amount of the company's assets cannot be ascertained.

c. Filing of the financial statements with the Collection of Documents of the Commercial Register
The obligation to deposit the financial statements, the annual report and the auditor's report in the collection of deeds of the Commercial Register shall be deemed as fulfilled by their filing with the register of financial statements through the Slovak Financial Administration. The company is obliged to file the documents exclusively in electronic form.

If the financial statements are not filed with the register of financial statements, the financial statements will not automatically be filed with the Collection of Deeds of the relevant Commercial Register. The penalty for failure to file the financial statements with the Collection of Deeds of the Commercial Register is a fine of up to EUR 3 310 for the statutory body of the company by the register court.