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Have you started a business and your company was established in the last 3 months of the year? Postpone your first corporation tax return until next year! We will tell you how to proceed. Who can extend their accounting period? If your company was established between 1 October and 31 December, you can apply to the tax office for an extension…

As self-employed persons, you must monitor the proper payment of contributions yourself. However, it is easy to get lost in the flood of regulations – that is why we have prepared an overview of the basic obligations and current amounts for 2026 for you. What you will learn in this article: Mandatory contributions at a glance …

Are you starting a business and hesitating how to tax your income? In the Czech Republic, there are several methods - tax registration, accounting or lump sums for self-employed persons. We have a complete overview to help you choose the best one for you, so you don't pay more in taxes than you have to! Ways of taxing the income of self…

Running a business as a sideline is an ideal option for anyone who wants to earn extra money for their studies, employment or even maternity leave. Compared to your main gainful activity, it brings a number of advantages - you pay lower taxes and often do not have to pay social security and health insurance contributions. What are the other…

You pay one amount each month, which includes social security, health insurance and income tax. The flat-rate tax has relieved you of annoying paperwork so you don't have to worry about tax returns. But don't rejoice prematurely - it doesn't always apply! Find out which exemptions to look out for. Flat-rate tax and tax returns - when to…

The flat tax for entrepreneurs promises less administration from 2021 onwards – but it will only pay off for some. The following lines will help you find out whether you can become a taxpayer under the flat-rate regime. You will also learn about the amount of payments for individual bands, all conditions, deadlines, and how to apply for the flat…

In addition to the salary, interesting workload and a relaxed team, the company's benefits also contribute to employee satisfaction. In addition, they will also help you with recruitment. However, setting up benefits translates into the tax burden of the company and the employees. Take a look at the different types of benefits and their tax…

Do you want to transfer a share in your company more easily than through a notary? Share certificates may be the right solution. In this article you will find out what exactly a share certificate is, how it differs from a regular share, how to transfer it and how to cancel it if necessary. What you will learn in the article: What is a share…

You went to the trouble of coming up with a company name, but now you need to change it. Maybe because it contains the name of a partner who is no longer in your company. There are countless reasons to change your company name, but it's important to know that as the owner, you can change it at any time. So how does changing the company name work? …

Deciding whether to be employed or to embark on a career as an entrepreneur doesn't usually come overnight. Sometimes circumstances lead you to it, other times you may already be running a business on the side and wondering if you should start a full-time business. Whatever the reason you're considering a change, it's worth knowing how a trade and…

Are you in business and looking to finance your own home or investment property? Banks are stricter on business income and often want more documents than they do for employees. What do they really look for, how do they differ, and why will your choice of approach and institution significantly affect your chances of approval? Get an overview of how…

Are you going to set up a limited company and instead of cash you want to put an item, know-how, software or perhaps a business plant into the share capital? We will explain to you in practice how to value and register such a non-cash contribution and what risks may be associated with it. What you will learn in this article: What is a non…

A public limited company (plc) is a more advanced form of capital company, particularly suitable for larger projects and more investors. Establishing an Incorporated Company is more demanding in terms of preparation and administration than an LLC, but it brings much wider possibilities. Read how to set up a public limited company step by step -…

Terminating an employee's employment relationship can be a challenging topic both humanly and legally. Termination of employment by an employer is limited by law and therefore a number of rules must be followed. Find out how to properly terminate an employee and what your options are when doing so. What you can learn in this article: …

Companies must expect to pay part of their profits to the state as corporation tax (DPPO). Find out what it is calculated on, what the rate is and who has to pay it. You'll also find out which items you can deduct or how and when to file your tax return. What you'll learn in this article: What is corporation tax? How to calculate…

An amendment to the VAT Act came into force on 1 January 2025. It affects taxpayers who have claimed VAT deductions on invoices that have remained unpaid for more than 6 months. Although the amendment has been in force since the beginning of the year, the concrete practical effects will not be visible until July 2025 due to the deadlines. What…

While the major amendment to the Accounting Act has not yet passed final approval, smaller changes are being prepared on an ongoing basis. Under the so-called small amendment, which will be effective from 1 January 2026, the limits for statutory audits will be increased. This will relieve many smaller companies of the administrative burden. …

There are currently almost two million self-employed persons (self-employed persons) in the Czech Republic. But how many of them are actually in business and who has a trade licence only in disguise? Check out the main features of the false self-employment ("švarcsystém") and find out how to avoid working illegally. What you can read about in…

Are you going to close your self-employed business and cancel your VAT number? Read our guide on how to cancel a trade licence. We'll advise you on what to look out for, what to do and which authorities to notify that you are quitting your business. The difference between discontinuing and ending a trade First, think about whether you really…

Do you need to take a break from your business, either for another job or a change in priorities? It is not necessary to close your business straight away. A temporary break is much more practical. When you want to start again, just renew it and you can continue as self-employed. See how a business break works and what you need to do it. Suspend…