Expat explorer new report: Czechia Is #1 Country for Work Abroad

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...

The Czech Republic has always been one of the most attractive places for both living and doing business. Among its recognized advantages there are economic stability, magnificent architecture, clear and fair laws, high safety level and access to the European market of goods and services. What is necessary to set up own business in the...

The Czech Republic is one of the most comfortable countries in the European Union to move to, to do business and to live in. The Czech language belongs to the same Slavic group as Russian does; the Czech Republic is used to expats (every 14th citizen is a foreigner); the rights of the foreigners and...

What are your options if you decide to pause or stop your business activities in Czech Republic? Please check our material here: https://firma.domytax.cz/en/shanging_ownership_or_-liquidation_of_a_company_sole_proprietorship_in_szechia

Starting from January 1, 2021, Czech individual entrepreneurs will be able to voluntarily choose a new system of paying for the income tax and transferring monthly premiums to social and health insurance funds. This means there will be one combined payment instead of three (as before); and there will be no need to file your...