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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... Read more »

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... Read more »

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... Read more »

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... Read more »

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... Read more »

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Starting in 2025, the cryptocurrency market in the Czech Republic will enter a phase of significant transformation. The pan-European MiCA (Markets in Crypto-Assets) regulation will come into force, establishing unified legal standards for all industry participants. This marks the end of legal uncertainty and the beginning of crypto companies operating under clear and predictable rules... Read more »

Effective January 1, 2025, significant amendments to the Czech VAT Act (Act No. 235/2004 Coll.) have come into force, aimed at streamlining tax administration and aligning with European regulations. Below is an overview of the key updates, some of which take effect on January 1, 2025, while others will apply from July 1, 2025. 1.... Read more »

Financial reporting is an essential part of running a business in the Czech Republic. Companies and entrepreneurs are required to track their income and expenses, file tax returns, and meet regulatory deadlines. While the core rules remain unchanged in 2025, there have been some updates: the criteria for mandatory audits have been adjusted, accounting in... Read more »

As of 1 February 2025, the requirement to register a contact person for all AML obliged persons will come into force. This provision is laid down in § 22 of Act No. 253/2008 Sb. on Measures against Money Laundering and Terrorist Financing (AML-Law). All companies and entrepreneurs belonging to AML obliged persons are obliged to... Read more »

New VAT Requirements and Obligations for Non-Residents in the Czech Republic Starting from 2025 Starting in 2025, non-residents in the Czech Republic will face new requirements and obligations related to Value-Added Tax (VAT). These changes aim to align with updated European Union VAT regulations and ensure compliance with the evolving tax framework. Here is an... Read more »