Effective from 1 January 1997, the law amends illness and pension insurance contributions as follows:
FOR PERSONS PERFORMING INDEPENDENT ENTREPRENEURIAL ACTIVITIES - 4.8% illness insurance and 27.5% pension insurance contributions
FOR EMPLOYERS - 3.4% illness insurance and 21.6% pension insurance contributions.
FOR SLOVAK RESIDENTS PERFORMING ACTIVITIES IN A FOREIGN COUNTRY - 27.5% non-mandatory pension insurance contributions.
The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.
For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +42 7 5340 545, fax: 42 7 5340 542 or e:mail directly to ruth.a.clamp@ArthurAndersen.com or enter text search 'Arthur Andersen' and 'Business Monitor'.
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