Based on preliminary results of the leasing companies grouped in Slovak Leasing Association, a total turnover of the leasing market in 2010 reasched the size of 1 564 mil. EUR. It is a growth of 5.3% compared with a decline of 45% in 2009. To the yearlong development of the lease particularly contributed the revival at the side of the corporate segment, what is documenting also the last year's highly positive growth in industrial production and overall GDP in Slovakia. Stabilizing factor in the development of leasing was also the finality of legislative terms, whereas the lease depreciation remains unchanged and continues to be maintained.

The agreed upon term of the agreement must be longer than 20% of the legal depreciation term, but at least three years. After the expiration of the agreement, the title must be transferred to the lessee. The purchase price may not be higher than the residual value of the leased object in case of linear depreciation.

If the lessee adheres to the minimum term for tax depreciation, he will qualify for tax deferral incentives. As a result, he can write-off the investment at 100% during the agreement term.

Cars: 46%
Utility vehicles: 9%
Trucks: 18%
Machinery / Industrial facilities: 20%
Other (computers and office equipment; ships, aircraft and railway vehicles): 7%

(Source: Slovak Leasing Association)