Changing registration details in your company in Czechia

Value-added tax (DPH – Daň z přidané hodnoty in Czech) is one of the most important taxes in the taxing system. It is deducted from every item or a service merchandized in the country. This type of tax can be compared with a bearing wall during the construction of the state budget. All companies registered...

The country took a medium place of the tax rate level among the countries of the European Union. Its effective taxation system for entrepreneurs allows paying 10% per year. The Czech Republic is a perfect, friendly arena for medium and small businesses from the points of comfortable and cost-effective taxation system and reasonable accounting service....

We will describe a turnover between the Czech Republic and other EU countries in this article. Although the same rules and regulations apply to all the EU countries, there are some nuances in the legislation of a particular country. Today we will look at the situation from the position of the Czech Republic in relation to...

Minimum wage – 14.600, – CZK The size of minimum deductions for health insurance from citizens without income – 1.971, – korunas The average salary for calculating pensions is 34.835, – CZK Minimum business deductions for 2020: Social insurance – 2.544, – CZK (a new amount of contributions is paid starting from April 2020, after...

The Czech Republic in numbers: 87% of foreigners moved here for work or business are “generally satisfied”, country ranks high in the Job Security, Work-Life Balance and Career Options sub-categories. Please see a full report here: https://www.internations.org/expat-insider/2017/czech-republic-39210