Closing or pausing your business in Czechia

Minimum wages in the Czech Republic were increased to 12 200 CZK in 2018. An increase in this value naturally leads to an increase in minimum possible deductions for medical insurance. They are equal 1647 korunas now. Even if an employee works under the contract on a part-time employment and earns 2000 or 3000 korunas...

In this article, we’ll go over the various kinds of taxation on investment income, such as dividends, interest on deposits, debt holdings, P2P loans, sales of shares, cryptocurrencies, real estate, and several other investment vehicles. Income from the investment categories mentioned can be divided into two groups: Income from ownership, §8 of the Income Tax...

This is about tax benefits for children and changes in providing the tax bonus. This important news was introduced by the Czech Ministry of Finance along with the revised Law on State Social Support. It means that parents will be able to save on income taxes in 2018 more than they did in the previous...

Are you employed in the Czech Republic? The Ministry of Labor and Social Affairs informs regarding your obligations during the COVID-19 outbreak. First, it is recommended that you become familiar with the official Czech Ministry of Health point of view and follow the letter of the law which considers several scenarios for every full-time employee....

The international company DoMyTax is expanding its portfolio of services to the Middle East (UAE)! This means that you can now receive UAE tax advice, company registration, bookkeeping and audit services in the UAE. Full list of jurisdictions served today: UAE 🇦🇪, Czech Republic 🇨🇿, Poland 🇵🇱, Lithuania 🇱🇹 and Germany🇩🇪. Now you can easily...