Articles

2025-11-12 10:50 | Prague / Warsaw / Vilnius Following new entry restrictions imposed by Belarus on trucks registered in Lithuania and Poland, dozens of Polish and Lithuanian transport companies have started relocating their operations to Czechia. This move helps them preserve critical eastern routes and minimize vehicle downtime. 📍 What’s the core of the issue?...

If you sell goods or digital services to customers in other EU countries — whether through your own website, a marketplace, a booking platform, or any other type of online channel — you may face complex VAT obligations. VAT on cross-border online sales is far from straightforward: different rates, different rules in each country, and...

Key points: Closing a business in the Czech Republic is rarely a quick or simple process. Even if the company is no longer active, its liquidation requires time, attention, and the proper completion of all documentation. At each stage, certain issues may arise—from notifying creditors to submitting the final tax return. It is important to...

If you run a business in the Czech Republic, you regularly receive letters from the tax administration (Finanční správa) via your datovou schránku. Most of the time these are simple notifications — deadline reminders, acknowledgments of receipt, or other automated messages. But sometimes something more serious arrives. In this article, we explain which letters should...

Although amendments to the Czech VAT Act came into force on January 1, 2025, certain provisions relating to real estate have been postponed until July 1, 2025. This article provides a detailed overview of what has changed and how these updates may affect the application of VAT on the sale or lease of real estate,...

The tax legislation of the Czech Republic strictly regulates liability for any violations — from delays in filing tax returns to incorrect calculations and non-payment of taxes. For failure to meet deadlines and comply with requirements, various fines, interest charges, and administrative sanctions apply. This article provides a detailed overview of tax penalties and sanctions...

In the Czech Republic, every company is required not only to prepare financial statements (účetní závěrka), but also to officially approve them. At the same time, a decision must be made regarding the company’s financial result — whether profit or loss (hospodářský výsledek). These procedures are mandatory and strictly regulated by Czech legislation. The main...

Planning to launch a business in the Czech Republic? An s.r.o. (společnost s ručením omezeným) is the most popular legal form for small and medium-sized enterprises, as well as for foreign founders. It offers limited liability, a straightforward setup process, and flexible management — making it an ideal choice. In this article, you’ll find a...

Starting May 1, 2025, new rules for paying radio and TV licence fees will apply to legal entities and entrepreneurs in the Czech Republic. 📻 Who Is Required to Pay the Radio Licence Fee: Legal entities and sole traders must pay if they: 💰 The Fee Depends on the Number of Employees: Additionally: 55 CZK...

Lately, Czech banks have been increasingly asking business owners questions like:“Máte zavedené postupy AML?”“Vztahuje se na vás povinnost dodržovat zákon o praní špinavých peněz?”(“Do you have AML procedures in place?” / “Are you required to comply with anti-money laundering regulations?”) If you’re wondering what’s behind these questions — or want to be ready when they...

Starting a Business as a Sole Trader (OSVČ) in the Czech Republic means not only gaining financial independence, but also taking on certain obligations to the state. In 2025, the registration process has become slightly easier, but there are still many nuances that can be confusing: which authorities must be notified when starting self-employment, what...

In 2025, new tax regulations came into effect in the Czech Republic. The minimum wage has increased, VAT thresholds have been adjusted, and new requirements for entrepreneurs and self-employed individuals have been introduced. The Czech tax system is based on the general principles of the European Union, yet, like in any country, it has its...