AD · EuropeSK · Europe

Andorra vs Slovakia: tax rates compared

Slovakia has an income tax rate of 25%, 15pp above Andorra's 10%. The 200-country average is 28%: both sit below it. Andorra's figure is dated 2023-01-19 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%25%Corporate10%24%VAT4.5%23%Capital Gains0%
four shared taxes, side by side
Tax AD SKDifference
Income Tax10%25%SK +15 pp
Corporate Tax10%24%SK +14 pp
VAT4.5%23%SK +18.5 pplargest gap
Capital Gains Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Andorra10%Source: Consell General (Parliament of Andorra) — Llei 5/2023, del 19 de gener, de mesures per a la reforma de la imposició directa · as of 2023-01-19
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−15 ppSlovakia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Andorra10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14 ppSlovakia higher

Slovakia has a corporate tax rate of 24%, 14pp above Andorra's 10%. The 201-country average is 22.6%: Andorra sits below it, Slovakia sits above it.

VAT

VAT, side by side
CountryRateSource
Andorra4.5%Source: Butlletí Oficial del Principat d'Andorra (BOPA) — Llei 11/2012, de l'impost general indirecte (text refós) · as of 2014-07-30
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−18.5 ppSlovakia higher

Slovakia has a VAT rate of 23%, 18.5pp above Andorra's 4.5%. The 181-country average is 15%: Andorra sits below it, Slovakia sits above it. Andorra's figure is dated 2014-07-30 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Andorra and Slovakia share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Andorra's figure is dated 2023-01-19 and Slovakia's 2026-01-20, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.