Slovakia: Government Policy & Public Finance

An umbrella fund is a collective investment scheme with several distinct sub-funds that are traded as individual investment funds, and treated separately for accounting purposes.

Structures involving Dutch or Luxembourg companies are commonly used for inbound investments in the Slovak Republic. An important reason for this is the extensive double tax treaty network of both countries eliminating or reducing withholding taxes on interest paid from Slovakia as well as the domestic participation exemption on dividends and capital gains enabling a tax free exit from investments in Slovak companies.