Conferences and Czech VAT

Many questions have been posed about whether registration for Value Added Tax (VAT) is necessary and if the tax is applied with relation to conferences, specifically with regard to organising …

Read more >

Goods delivery reverse charge

In July 2016 new rules about goods delivery to Czech purchasers took effect. Similar reverse charge principle is being applied already in the European Union for services. You may be familiar …

Read more >

How To Register For VAT

VAT registration in the Czech Republic must be submitted electronically. It is necessary to state in the VAT registration form for VAT if the registration is being submitted voluntarily or …

Read more >

VAT deadlines and penalties

VAT returns must be submitted at the latest on the 25th of the following month if the company is submitting monthly VAT returns. If quarterly submission is being made, the …

Read more >

VAT guide and advice

Value Added Tax (VAT) is a favourite means of raising money for governments because it is relatively simple for them to administer and offers a fairly even and predictable flow of income …

Read more >

VAT Payments

The Czech Tax Administration is responsible for dealing with all VAT payments. The bank account of the tax administration is located at the Czech National Bank. Payment of VAT must …

Read more >

Inspection

Tax administrations start a VAT inspection based on doubts about the correctness of a VAT return or other suspicions that filings are not in order. The tax administration does not usually bother …

Read more >

Import VAT

Would you like to start importing goods into the Czech Republic or the EU and start selling them? The fundamental first step, which we have been helping our clients perform, …

Read more >

VAT Limits

What are the VAT thresholds we should know about? VAT Registration Thresholds According to Czech VAT law a company should register for VAT if turnover exceeds 1.000.000,- CZK  in 12 consecutive …

Read more >

VAT Verification

How to check VAT numbers: VAT number verification can be carried out on the EU database of VAT numbers on the web pages of European Commission. Why is VAT verification …

Read more >

VAT Number Format

On many web pages you may find out how the VAT number should appear. That is why we would rather focus on why the VAT number check is important. When …

Read more >

Rates and rules

Details about VAT rules and rates are set out under the Czech VAT law. The specific law is number 235/2004 Col. The basic law is updated and amended every year. …

Read more >