Articles

The calendar is prepared for individuals, sole traders (OSVČ), and legal entities. It includes the key deadlines for filing returns and paying taxes. Dates are calculated in line with the rules of the Czech Financial Administration (Finanční správa ČR). Each month provides a list of obligations showing the date, the tax type, who it applies...

In previous publications, we explained how VAT works for sales in the B2B and B2C formats. The next important element of the EU VAT system is the transfer of a company’s own goods between member states. This is an operation that often raises questions and, if accounted for incorrectly, can lead to VAT errors. What...

In the previous article, we looked in detail at what happens with VAT when a Czech company sells goods to final consumers who are not VAT payers in the EU (the B2C segment, distance sales, the OSS scheme, and so on).Now we move on to the other half of the picture, B2B sales, meaning supplies...

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 Even if the company is no longer active, its liquidation requires time, attention, and the proper completion of all documentation.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...

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...