Closing or pausing your business in Czechia

Basic business registration item — legal address,  why it’s needed and where to get it: https://firma.domytax.cz/en/legal_address_in_czechia

If you plan to do business or to get a residence permit in the Czech Republic then we have some information that will illuminate a lot of bureaucratic issues. As the EU is known for its pedantry when it comes to documents, we are ready to solve all the problems for our client; which means...

As of January 1, 2024, the Czech Republic experienced a sharp increase in property tax rates, by about 80% compared to 2023. For some taxpayers, the tax increased several times due to the introduction of local increasing coefficients. Taxpayers did not have to file a tax return due to the change in rates. The tax authority itself...

Mandatory registration as a value added tax (VAT) payer usually occurs where turnover exceeds 1 million Czech crowns within 12 consecutive calendar months. An exception does include entrepreneurs who only make non-refundable transactions, which are exempt from tax.  From January 2023, a large package of tax changes will come into effect. The most anticipated new...

Tax policy of the Czech Republic regarding cryptocurrencies, mining cryptocurrencies and selling merchandise and services for cryptocurrencies. All the mentioned points are described in this article. Methodological introduction. The concept of «cryptocurrency» Currently, there are more than 1000 virtual or digital «currencies» also called cryprocurrencies (“kryptoměny (KM)” in Czech) in the world. The most popular ones...