Blog

Are you planning to start a company or a sole proprietorship and don’t want to list your home address as your registered office? A virtual registered office is a popular choice and a suitable solution, but many entrepreneurs are unsure whether it’s fully legal. We took a look at what Czech law says about virtual registered offices and what…

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…

One person does this, and another does that. But how do you know, in practice, which business path to take? We’ll share some tips on how you can figure out what kind of business to start. What you’ll learn in this article: 1/ Focus on what you excel at 2/ Listen to people 3/ Find a gap in the market 4/ Look for inspiration abroad What’s…

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…

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…

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 …

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…