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Here you’ll find the most important information you need to know for a successful start and the smooth running of your business, or its potential dissolution. Choose any category that interests you, or start with the most recent article.

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Starting a company requires a lot of paperwork, but that's what we're here for. Are you thinking of using our LLC formation service and wondering how the whole process works and what to prepare for? Find out in this article. What awaits you if you decide to start a company with us: Submitting the form. On the company…

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From 1 July 2022, two amendments relating to road transport will enter into force. Which are they and what do they change? ROAD TAX NOW ONLY ON LARGE VEHICLES The first amendment relates to the Road Tax Act. In order to limit the impact of the war in Ukraine on taxpayers, the government decided to significantly narrow the road tax, i.e. to limit…

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There are several formalities involved in starting a business - among them the determination of the company's registered office or trade. However, you often cannot do without the consent of the owner of the property in question. Read on to find out what to think about before registering. WHY DO YOU NEED CONSENT FOR THE LOCATION OF THE REGISTERED…

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Doing business through a branch plant (formerly an organizational unit) is one of the forms of business of foreign persons in the Czech Republic without the need to establish a new company. The establishment of a branch plant, its administration and dissolution is administratively less demanding than the establishment, administration and dissolution…

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It is not difficult to set up a business in the Czech Republic - that is probably why almost every fifth person in the Czech Republic is in business. You just need to meet a few legal conditions. See which ones. In the previous article, we discussed the process of setting up a trade. Today, we'll take a closer look at the steps that are worth…

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In commercial corporations, there are several ways of guaranteeing the debts and obligations of the company, including the so-called equity guarantee. Who is self-insured in a business and how does it work? Find out in the article. In legal terminology, liability refers to the performance of another person's obligations; in the case of a…

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Drawing up of the contract, the trade, the deposit of the registered capital and registration in the Commercial Register. These are the steps that lead to the successful establishment of a new company. Are you looking forward to it, and don't know what to do with the share capital? In this article, we will look at it in detail - what it is, what it is…

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A limited liability company is formed on the day it is entered in the Commercial Register. What is the process of registration in the Commercial Register, which documents do you need and how long does it take? Read on for a summary of the basic steps necessary for the formation of a company. For complete information on the establishment of an LLC,…

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Would you like to start a business, but you lack one of the most important things for this activity, which is your own company? Nowadays, you no longer have to worry about the lengthy process of setting up a company. If you don't have time to go around the authorities or you just don't know what to do, you should seek the services of a consultancy company…

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A side business is an ideal option for anyone who wants to earn extra money to supplement their studies or employment. Compared to your main occupation, it brings a number of advantages - you pay lower taxes and often you are not even subject to monthly insurance premiums. What are the other specifics of self-employed secondary activities? …

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Make it easier for you to start your business and read our guide on how to go about setting up a business. We'll guide you through the entire process, from choosing a business to submitting the registration form. 1. CHOOSE THE TYPE AND BRANCH OF TRADE Successfully registering a trade starts with being clear about which business you want to be in. You…

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Some mistakes are repeated in tax returns every year, even though the tax administration draws attention to them. Find out which ones - you'll increase your chances of getting your return right first time. Plus, we've prepared a guide on what to do if you've filed a return with an error. WHAT TO LOOK OUT FOR TO AVOID MISTAKES IN YOUR TAX RETURN …

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Do you want to start a business, but don't know whether it is better to set up a trade or a company? We have prepared a comparison of the most common forms of business in the Czech Republic! Take a look at the differences, read the advantages and disadvantages and specific practical examples. We hope that at the end of the article you will be clear which…

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The closing of the accounts for the previous year and the compilation of the statements is in full swing. This is often linked to decisions about profit-sharing payments. How to proceed from a tax perspective? HOW ARE DIVIDENDS PAID IN THE CZECH REPUBLIC TAXED? Unfortunately, the payment of a profit share is subject to taxation, namely a withholding…

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You are probably most familiar with data digitization in connection with the IT world. But what about the digitisation of accounting - do you know what to think of this term and how to automate and simplify accounting processes? We will answer your questions in this article. After reading it, you'll have a clear understanding of what digital and online…

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Under the flat-rate scheme, you pay one amount each month, which includes social security, health insurance and income tax. The flat-rate tax gives you relief from administration so you don't have to worry about filing your tax return. But beware, it doesn't always apply! Find out which exemptions to look out for. FLAT-RATE TAX AND TAX RETURN - WHEN…

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On 28 February 2022, the tax portal at adisepo.mfcr.cz ceased to operate and the tax information boxes on this website can no longer be accessed. So where to file your tax return online in 2022? MODERNISED TAX PORTAL MOJEDANE.CZ A year ago, the Financial Administration launched a new tax portal Mojedane.cz and from this year all electronic filings will be…

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There are over 500,000 registered legal entities in the Czech Republic, but 20% of them are not actually doing business. The number of "dormant companies" has declined in recent years, but their owners should beware. What about the tax return for an inactive company with no income? Find out in this article. CORPORATE INCOME TAX RETURNS: WHAT IF YOUR…

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Are you thinking about getting a ready-made company and want to know what benefits you will get from your purchase, what to look out for when choosing and what all is included in the price of a ready-made company? Let's take a closer look at the advantages and disadvantages of ready made companies. IN SHORT: WHAT IS A READY-MADE COMPANY A ready-made…

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The new year brings changes in taxes for entrepreneurs and employees, as well as a number of legal innovations. Higher minimum wage and taxpayer's rebate, increase in insurance premiums for self-employed persons, amendment of data boxes or directive on work-life balance and others. Read the full overview and stay up to date on what's coming up this year. …

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