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The size of the entity determines what the company is legally required to do. A small newsagent has fewer obligations than an industrial giant with hundreds of branches. Find out which category your business falls into and what not to forget. What is the purpose of categorising accounting units? The classification of accounting units (CUs) and…

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…

In addition to tax changes, the consolidation package will also bring innovations in the area of accounting. They will affect the definition of turnover, accounting in foreign currencies and taxation of unrealised exchange rate differences. Read what the government is planning from 2024. Changing the definition of turnover Net turnover was…

The beginning of the school year brought not only the return of children to their classrooms, but also important news from the world of accounting and taxation. The opinions of the CNB and the Supreme Administrative Court have a major impact. Let's summarise them in a nutshell. Additional tax returns are due to be relaxed The Supreme…

International tensions are also reflected in the sphere of taxation. Businesses trading with Russia are now facing a higher tax burden. Read what's changing. Russia has suspended an earlier agreement In August, Russian President Putin signed a special decree that will complicate tax relations between the Czech Republic and the Russian…

Many 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…

You 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…

The world is globalising, and you often can’t avoid official communications abroad. However, managing formalities between two countries can quickly turn into a nightmare, whether due to complicated red tape or the language barrier. We’ll teach you how to handle the bureaucracy with ease. Rules differ from country to country There are many situations that…

Do you dream of having your own online shop? All you have to do is meet a few legal conditions. We will advise you which legal form to choose and what requirements an e-shop must meet. How to officially set up an e-shop? To run an e-shop you need the status of an entrepreneur. But before you start making the rounds of the authorities, think…

There are a number of intermediaries in the market who resell goods or services to end customers. They often carry out their work on the basis of a so-called commission contract. Find out how such cooperation works. What is a commission contract? The principle of commission is legally regulated by Sections 2455-2470 of the Civil Code. Under a…

As of 1 July 2023, an amendment to the Business Corporations Act (ZOK) will come into force, which will facilitate the establishment of companies. In particular, the conditions for members of elected bodies of companies will change. See how. The state has launched a new register The registration of excluded persons is a fundamental change. This…

Running a business is a big responsibility. Therefore, not everyone can become the CEO of a company. What does such a person have to do and what are his/her duties? Who is a managing director? The managing director is the statutory body of the Ltd. He is therefore responsible for the business management of the company and acts on its behalf (e.g…

Are you starting a new company and don't know what to call it? And what is a company name? We will tell you all about it! First, we will look at the company name from a creative point of view and then from a legal perspective. A suitable name will set your company apart from the competition and help you to be memorable. How to come up with a name…

After a year's break, we are once again facing the Summer of Grace - a state event aimed at debt relief for citizens. Debtors can easily and cheaply resolve their debts to the state administration. We will advise you how to take advantage of this chance. What debts are affected? This year, the state will forgive various penalties incurred…

Setting up a company involves administration that can take weeks. We will tell you how long it takes to set up an LLC and give you tips on how to speed up the process. What affects the speed of setting up a company? The length of time it takes to set up a company depends on the type of company you choose, the speed of the administrative…

Common sense says that the company's headquarters is simply the place where you do business. Legally, it's not that simple. The law makes a distinction between the formal and actual registered office of a business. We'll explain the difference between the two. Formal registered office The registered office is generally considered to be the…

The advantages of agency employment are used by many large companies. Sometimes even at the expense of the assigned employees, who have an unequal position in practice compared to the tribal employees. The approved amendment to the law changes the conditions. Read what the new rules are. At the end of April 2023, the government approved an…

Are 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…

If you file your tax return in paper form, even if you have a data box, you are liable to a penalty of CZK 1,000. This year, however, the authorities have decided to tolerate this mistake. Read on to find out who will be forgiven the fine. The news has confused many people At the beginning of 2023, the state set up data boxes for a number of…

There are a few formalities you have to go through when starting your business. You must first officially establish the new company or buy a ready-made company that already meets the legal conditions. Read on to find out which option is better suited for your business. Starting a company "on the green field" Starting an LLC means visiting a…