Slovakia or Czech Republic? Where is it more tax-efficient to do business and invest today?
In this episode of the Highgate Talks podcast, Highgate Group partner Peter Varga speaks with guests from Czech law firm Bříza & Trubač – Ondrej Malek and Patrik Koželuh.
Together, they compare the Slovak and Czech tax systems using concrete examples from practice and discuss topics that more and more entrepreneurs and investors are dealing with today – transfer of tax residency, taxation of investments or doing business through a trade license.
In the interview you will learn, for example:
- how shares and ETFs are taxed in Slovakia and the Czech Republic
- what are the dividend tax rates in both countries
- how the time test works when investing
- what taxes cryptocurrency investors pay
- how strictly the tax authorities check tax residency
- why some entrepreneurs are moving between Slovakia and the Czech Republic
- what are the risks of the shvarc system and the responsibilities of the statutory bodies
The discussion also shows the broader context: why more and more Slovaks are working or doing business in the Czech Republic and what differences between the two systems are most important in practice.
If you are running a business, investing or thinking of moving your business abroad, this interview will help you understand the key differences between the Slovak and Czech tax systems.