Legal address of a company or sole proprietorship in Czechia

You run a small or medium size business? You want to reduce your operating costs? You want accounting services of high quality for reasonable money? Then this article is for you. Do you know why today’s companies prefer outsourcing rather than a full-time accountant? Let’s figure that out! Outsourcing is the transfer of some functions...

The point is that there still is no common understanding regarding what cryptocurrency is. The notion is interpreted differently in different countries. In some countries like Japan, Switzerland, and the United Kingdom, cryptocurrency is considered as payment means, however, they are not considered as currency.  In Australia and the United States, they are considered as property,...

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...

Why do foreign companies need to open accounts in Czech banks and what is the procedure? How can DoMyTax be helpful in this task? This is what we will cover in this article. Does your company cooperate with companies from Europe? Do you need state guarantees to protect your funds held on the account? Do...

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...