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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 Even if the company is no longer active, its liquidation requires time, attention, and the proper completion of all documentation.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...

Planning to launch a business in the Czech Republic? An s.r.o. (společnost s ručením omezeným) is the most popular legal form for small and medium-sized enterprises, as well as for foreign founders. It offers limited liability, a straightforward setup process, and flexible management — making it an ideal choice. In this article, you’ll find a...

Starting a Business as a Sole Trader (OSVČ) in the Czech Republic means not only gaining financial independence, but also taking on certain obligations to the state. In 2025, the registration process has become slightly easier, but there are still many nuances that can be confusing: which authorities must be notified when starting self-employment, what...

As of 1 February 2025, the requirement to register a contact person for all AML obliged persons will come into force. This provision is laid down in § 22 of Act No. 253/2008 Sb. on Measures against Money Laundering and Terrorist Financing (AML-Law). All companies and entrepreneurs belonging to AML obliged persons are obliged to...

Employee benefits and compensation rules have changed in 2024. In this article, we look at key changes that affect nutrition, retirement savings, training, and other important aspects related to employee benefits and compensation. Employee meals: new limits and regulations Employers can provide meals to their employees in a variety of ways: providing vouchers, organising canteens...