Trade licenses
How to suspend or terminate a trade license? How many trades are there? When to file your taxes? Read on and you’ll find all the answers you’re looking for.
As a sole trader, you have to ensure that you pay your levies properly yourself. However, it's easy to get lost in the flood of regulations - so we've prepared an overview of the basic obligations and current amounts for 2025. Compulsory levies in a nutshell All sole traders are obliged to pay not only taxes, but also health and often social…
Whole articleThe flat tax promises less administration for businesses from 2021 - but it will only pay off for some. The following lines will help you find out if you are one of them. You'll also find out how much to pay for each band, all the terms and conditions, deadlines and how to sign up for the flat rate tax. What is a flat-rate tax? The flat-rate…
Whole articleDetermining tax residence can be confusing – whether you’re a Czech working abroad or a foreigner working in Czechia. Discover the criteria that will help you know where you should be paying income tax. General Rules for Tax Residence It sounds inviting – you find a country with an interesting social or tax system and choose to start your business…
Whole articleAre you interested in the road transport business operated by large vehicles? Find out what conditions to meet to obtain a licence and how hauliers prove their financial fitness. What is large vehicle transport? The category of "large" road transport includes: Passenger transport by vehicles carrying more than 9…
Whole articleWhen looking for ways to lower taxation, athletes often toy with the idea of changing their tax domicile. However, such a change is not possible for everyone and will only bring real savings to some. Find out under what conditions an athlete can benefit from a change in tax residency without unnecessary risk. The key to taxing…
Whole articleDo you have a great business idea in your head? Create a basic financial plan before you go ahead. It will help you to determine the costs of starting your business, the expected income and an estimate of profit. In the long run, it will make it easier for you to manage your finances effectively. What is a financial plan for? A financial plan is…
Whole articleThe Ministry of Finance is working intensively on an extensive amendment to the Value Added Tax Act. The first changes will come into force on 1 January 2025, with more to follow until 2027. Changes to the Value Added Tax Act The current version of the VAT Act can be found under 235/2004 Coll. We have prepared an overview of the main changes…
Whole articleA business cannot do without a business plan. Whether you have your vision, mission, and goals in your head or actually described in detail, the Lean Canvas method will teach you how to work with them in a whole new way. Quickly, flexibly and, above all, with maximum clarity. What is Lean Canvas? We explain the Lean Canvas method in…
Whole articleThe government's consolidation package brings many changes and unpopular decisions. However, not all of the innovations are bad and some of them will even simplify business for self-employed entrepreneurs - such as the abolition of the previously mandatory income tax registration with the tax office (FÚ). Compulsory registration for new self…
Whole articleYou 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…
Whole articleRunning 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 even have to pay social security and health insurance contributions. What are the other…
Whole articleMillions of Czechs file personal income tax returns each year. However, many of them do not know how and when to submit it correctly. That's why we've summarised the most important rules for you. Read the most important facts: When to file your tax return? Who files a tax return? When is income tax due? What if you file late?…
Whole articleAre 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…
Whole articleMany drivers are attracted to working behind the wheel. As a courier, you're your own boss, and you can earn good money. How do you start such a business? We've summarised the most important things for you. What do I need to be a courier? Courier companies such as DPD, Wolt, Bolt Food, Rohlik or Foodora most often work with couriers with an…
Whole articleYou will be paid for the work you do. But sometimes there are those who refuse to pay their obligations - and trouble ensues. How do you fight against defaulters? Prevention first and foremost What's the best way to solve problems with non-payers? Don't let them happen in the first place. And because people are different, it pays to treat the…
Whole articleAre you considering starting a business or are you already at the beginning of your entrepreneurial journey? If so, then you shouldn't miss the 5 most common mistakes people make when starting a business. Business and sales specialist, Petr Bernadič from Každý prodává company, brings you 5 steps to help you avoid these mistakes and achieve success…
Whole articleWhat to look out for when starting a business, who to work with right from the start and what to do to keep everything running as it should? That's what we asked Czech entrepreneurs. Read their answers and make the most of them for your business. The biggest struggle? Taxes and authorities The first part of our survey results comes as no…
Whole articleAfter the employees have started, you will be expected to handle payroll and regular contact with the authorities. Other formalities are involved when employees leave the company. Read on to find out what to think about. What to do before you start? As a new employer, you cannot do without registering with the tax office, health insurance…
Whole articleThe business is growing, so you decide to hire reinforcements. However, with the first employee comes a fair amount of administration. Here's what to remember. As an employer, you have a number of obligations to: Czech Social Security Administration (ČSSZ),health insurance companies,the tax officeand other institutions. Your first step is…
Whole articleStarting a business requires careful preparation. However, in order not to make an important step blindly, it is worth mapping out the environment you want to enter with your idea in advance. Strategic analysis methods are used to assess the market situation, which you can use not only when setting up your company, but also for key management…
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