Tips and advice

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…

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…

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…

Are you planning to start a business as a self-employed financial advisor or insurance broker? We will guide you through the necessary authorizations, obligations towards the Czech National Bank, and tax and contribution settings—all in a clear manner and without unnecessary paperwork. What you will learn in this article: Financial advisor…

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 …

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? …