Legal address of a company or sole proprietorship in Czechia

It is more difficult to withdraw money from your own business than you might think. In fact, the rules around withdrawing money create problems for business owners, due to tax law regulations. However, we can guide you through some legal solutions to these issues.  Withdrawing funds through dividend payments:  Many experienced tax consultants consider dividend...

The Czech Republic is the state with the developed market economy, one of the most valued countries in the world due to the following economic, social and political indicators: VAT, the index of human development, the index of press freedom and the index of Internet freedom from censorship. The Republic is one of the top...

Key points: Closing a business in the Czech Republic is rarely a quick or simple process. Even if the company is no longer active, its liquidation requires time, attention, and the proper completion of all documentation. At each stage, certain issues may arise—from notifying creditors to submitting the final tax return. It is important to...

From 1 July 2024, all employers in the Czech Republic will be obliged to report monthly on concluded contracts for work (DPPs)  Initial provision on performance contracts The DPP changes were originally introduced by Act No. 349/2023 Coll. known as the consolidation package to improve the state budgets.  The proposal stipulated:  New obligations of employers...

The koruna is the official currency in the Czech Republic. It has been used in the country since 1993. At the present time the pan-European currency euro is accepted all over the republic, however, there are some losses in the exchange rate. Geller 1 koruna is subdivided in 100 gellers used only in case of...