Sometimes important changes appear so technical that entrepreneurs only learn about them after the deadline has already passed. This is precisely the situation currently affecting employers and employee payroll data.
By July 31, 2026, employers must submit to the Social Insurance Fund information on the method by which salaries are paid to employees registered in the system before August 1, 2026.
If wages are transferred to a bank account, the IBAN must be provided. If a foreign bank account is used, the account name and bank SWIFT or BIC number may also be required. If wages are paid in cash, the employer must specify this payment method.
Information is transmitted to Sociálna poisťovňa through the electronic form Registračný list fyzickej osoby.
Starting August 1, this information will become part of the standard registration process for every new employee. This means that when hiring a new employee, employers will be required to immediately disclose where their salary is being transferred and whether it is paid in cash.
If an employee’s bank account or salary payment method changes, the new information must be submitted within ten calendar days.
Companies that employ foreigners need to check this especially carefully. Foreign employees may use accounts opened outside of Slovakia. Sometimes a person changes banks, gets a new IBAN, or receives a salary in cash for the first time.
An employer may think all the information is already in the employment contract or accounting software. However, the accounting software and the Social Insurance Fund’s registry are different systems.
It’s also important to understand that it’s the employer, not the employee, who must provide this information. The employee’s job is to provide accurate banking information. The company’s job is to enter it into the system in a timely manner.
Therefore, entrepreneurs and employers should contact their accountant immediately and check whether the necessary data has been transferred to Sociálna poisťovňa.
If you have questions about hiring foreign employees, registering your employer, social security contributions, obtaining residence documents, or running a business, we invite you to a consultation with Slovakia Garant.
Our office is located in Bratislava’s Old Town district, at 3 Gorky Street, third floor. We are open from 9:00 AM to 5:00 PM every day, except weekends.
Since 2017, Slovakia Garant has been supporting the process of obtaining residence permits for foreigners in Slovakia, as well as registering and supporting businesses.
