Tips and advice

Starting January 1, 2027, the electronic sales recording system will return —this time under the name EET 2.0. The government promises less paperwork and the option to send payments directly via cell phone, for example. Find out if EET 2.0 affects you, which specific payments are subject to recording, and when it’s worth your while as a flat-rate…

Most people imagine starting a business as a simple process: you fill out a form, get a business ID number, and you’re ready to start invoicing. In reality, however, you’re constantly communicating with government agencies, keeping track of deadlines, and responding to requests. Read on to find out where new entrepreneurs (self-employed individuals…

Do you want to start a business in the Czech Republic and are a citizen of another country? Don’t forget to set up your social security and health insurance. The process for self-employed foreigners to register for social security and health insurance differs in several ways from that for Czech citizens. Find out how to do it to avoid…

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 …

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…

Are you planning to start your own business, or do you already have a business license? We’ll explain how to determine with certainty whether your business is your primary or secondary activity, so you pay the correct amount of contributions and aren’t caught off guard by unexpected additional payments or even penalties. We also describe the most…

Renting and selling real estate can generate attractive income, but it’s important to ensure that your business license, taxes, and VAT are properly set up. We’ll explain how long-term rentals, short-term accommodations, and the work of a real estate agent differ in this regard. What you’ll learn in this article: Three ways to start a real…

A tax overpayment can sometimes tempt you to treat it as a nest egg for a rainy day. However, if you don’t request a refund in time, it will expire after six years and the money will be forfeited to the government. A new ruling by the Supreme Administrative Court clearly shows that you must carefully monitor the balance of your tax account yourself…

Choosing a car for a business is different from choosing one for a family. While with a family car you’ll mainly be concerned with comfort, fuel economy, or safety, with a company car the main considerations are how it affects your taxes, VAT deductions, and operating costs. After all, the car doesn’t belong to you, but to the company. We’ll walk…

Do you file your own personal income tax return? By correctly claiming tax credits and deductions, you can save significantly on your income tax. We’ll explain the difference between tax credits and deductions, how to claim them, and what documentation you’ll need to provide. Article contents: The Difference Between Tax Deductions and…

Uniform rules across the European Union, online business registration within 48 hours, and startup costs under 100 euros. The European Commission has officially presented a proposal for the EU Inc. Regulation, the so-called 28th Business Regime, which will ensure unimpeded access to foreign markets and competitive conditions for the digital era of…

The year 2025 brought new rules for cryptocurrency taxation and introduced a value and time test for tax exemptions. Make sure you properly record your income from cryptocurrency transactions—such as holding, exchanging, or selling—so you can be certain whether and how you need to pay taxes on them. Cryptocurrencies are a hot topic and, following…

Companies must expect to pay a portion of their profits to the government as corporate income tax (CIT). Find out what the tax is based on, what the rate is, and who is required to pay it. You’ll also learn which expenses you can deduct from your taxes and how and when to file your tax return. What you’ll learn in this article: What is…

Do you own a successful company and want to withdraw your profits? There are clear rules and tax implications that must be followed. We’ll guide you through the process of withdrawing funds from your company, from the financial statements to paying taxes. What you’ll learn in this article: How much money can you withdraw as a company…

Millions of Czechs file their personal income tax returns (DPFO) every year. However, many of them don’t know how and when to file them correctly. That’s why we’ve summarized the most important rules for you. Read the most important facts: When should you file your tax return? Who is required to file a tax…

As a business owner, you file a tax return every year to calculate how much income tax you owe the government. We’ll guide you through determining your taxable income and the tax amount. Step-by-step guide: Add up all your income Set aside tax-exempt income Deduct applicable expenses Calculate your tax base Reduce the…

A reliable accounting partner isn’t just an expense—it’s an investment that gives you peace of mind and time to grow your business. When you’re just starting out as a self-employed individual, an Excel spreadsheet might suffice, but once you register for VAT, the rules of the game change. How can you spot a professional who will keep track of…

When Czech startups want to expand into foreign markets, they often face a dilemma: should they establish subsidiaries in each EU country, or move directly to the US (Delaware) for simpler legislation? The introduction of a single pan-European legal form, EU Inc., would remove at least 27 national barriers. What you will learn in this article: …

Every entrepreneur focuses on their product when starting a business—how to promote it and, above all, how to sell it. This is where the growth and value of the company are created. When things are going well, money flows and everything seems to run smoothly. Sometimes, however, growth alone is not enough. Business is booming, but there is no cash…

Do you know what your employee is entitled to when you send them on a business trip, and what you must not forget? Find out under what conditions an employee can go on a business trip and what expenses are associated with it. What is a business trip? A business trip is nothing more than the legal term for the colloquial expression "business…