Trade licenses

Are you considering where to register the registered office of your new company or business? Every entrepreneur is required to list a business address in the Commercial Register or Trade License Register. However, you don’t have to use your home address or pay for expensive office space. Read on to learn how a virtual address works, what its pros…

Starting a business can be challenging. We’ll provide you with a clear overview of the obligations of self-employed individuals —from tax matters and accounting to insurance contributions and registration, all the way to business planning and growth. Find out what you need to keep in mind after starting your business. A Clear…

Entering the world of self-employment can be exciting, but also challenging. At every turn, you’ll face decisions that can impact your future success as an entrepreneur. Review the main requirements and procedures involved in starting a business so you can confidently launch your venture. What will you learn in this article? …

When a foreigner is considering starting a business in the Czech Republic and is not yet an entrepreneur, they most often choose between a trade license and a limited liability company. How does running a business with a trade license (formerly a trade permit) differ from starting your own company? Read on to learn about the advantages and…

Whether you plan to assist companies as a virtual assistant with administrative tasks, social media management, or time management, there are several formal steps you’ll need to take. Find out how to obtain a business license, how to handle social security contributions and taxes, and why it’s worth registering a virtual address instead of your…

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…

Whether you’re starting your first sole proprietorship or limited liability company (s.r.o.), or simply want to optimize your business expenses, choosing a business address is one of the most important decisions you’ll make. A virtual office is a modern way to get a professional address, save thousands of crowns a month, and ensure privacy in your…

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…

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…

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…

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…

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…

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…

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…

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 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…

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…