Frequently asked questions

The questions foreigners running a business in the Czech Republic ask most often.

Bookkeeping

Does an OSVČ need an accountant if I work alone?

The law does not require you to hire one, but mistakes in the tax return, a wrongly chosen expense method or missed deadlines usually cost more. For foreigners just starting out we recommend going through the first year with an accountant — then you can decide.

Can everything be done online, without visits?

Yes. Signing documents, sending receipts and communication are all remote. For some procedures (for example granting authorisation) we use an electronic signature or a notarised power of attorney.

Do you handle foreign companies?

Yes. We work with Czech s.r.o. owned by foreigners and with foreign companies that have obligations in the Czech Republic (VAT registration, trade within the EU).

How quickly can you start with my company?

Usually within a few working days after the contract is signed and we have access to your documents. If a return is urgent, tell us during the consultation.

What if I have unrecorded periods from the past?

We reconstruct the books for past periods, file missing returns and negotiate with the tax office. The sooner you come to us, the lower the penalties.

Company formation

Does the founder have to be in the Czech Republic?

Not necessarily. Documents can be signed at a notary by power of attorney or at a consulate. We will suggest the fastest option for your country.

Can I open an s.r.o. without a residence permit?

Yes, a foreigner can be a founder and director of an s.r.o. This does not by itself give you the right to live or work in the Czech Republic — those are separate immigration matters.

What share capital should I choose?

The law allows capital from CZK 1. In practice it depends on your activity: banks and partners may expect more, and for some licences it is not critical at all. We will choose an amount during the consultation.

How much does it cost?

Our fee is on the Prices page. Official fees, the notary and the registered address are paid separately — their total depends on your situation, and we prepare an estimate in advance.

Do I have to register for VAT immediately?

No, registration is mandatory only after exceeding the turnover limit or by voluntary decision. But when working with EU companies you often need at least identified person status — we will go through it during the consultation.

VAT registration

When do I have to apply for VAT?

If your turnover over the last 12 months exceeded CZK 2 million — within 15 days after the month in which it was exceeded. If you want to register voluntarily, you can apply at any time.

What is the difference between a VAT payer and an identified person?

A VAT payer issues invoices with VAT and reclaims input VAT. An identified person only reports certain EU transactions and cannot reclaim input VAT.

Do I need VAT if all my clients are in the EU?

Not always. Often identified person status is enough, or even nothing if you have no transactions subject to Czech VAT. We will check during the consultation.

What happens if I file a VAT return late?

The tax office charges a late-filing penalty (including per day of delay) and may impose a fine. We set up a calendar so this does not happen.

How long does registration take?

After filing, the tax office usually responds within a few weeks. We file as quickly and as accurately as possible to avoid follow-up requests.

EORI number

Is EORI registration paid?

No. Customs assigns the number free of charge. You only pay for our work preparing and filing the application.

Do I need an EORI for trade within the EU?

As a rule, no. It is needed when importing and exporting goods across the EU’s external border.

Can an individual get an EORI number?

Yes, individuals (including OSVČ) can get an EORI number if their activity involves customs. We will confirm the conditions during the consultation.

How do I check that the number works?

The number can be checked in the EOS database on the European Commission’s website. We do the check ourselves and send you the confirmation.

Do I need a customs broker after getting an EORI?

Not always, but for regular shipments a broker speeds up clearance and reduces the risk of errors in declarations. We will find a partner suited to your cargo.

OSVČ registration

How much does it cost to register as an OSVČ?

Our fee is on the Prices page. The official fee for the licence is paid separately — about CZK 1,000 for the first licence.

Can I register as an OSVČ on a tourist visa?

As a rule, no. Business activity requires an appropriate type of stay. We check your document before filing.

Do I have to pay contributions if my income is small?

If OSVČ is your main activity, you pay minimum monthly contributions. For a secondary activity different rules apply. We will explain how it works in your case.

What is the flat-rate tax?

A simplified regime for small incomes: one fixed monthly payment instead of separate tax and contributions. We will calculate whether it benefits you.

Does an OSVČ need an accountant?

The law does not require it, but for foreigners it reduces the risk of mistakes and penalties. You can also hire an accountant only to file your annual return.

Annual tax returns

Do I have to file a return if I had no income?

If you are an OSVČ, as a rule yes — including a zero return. We will check your situation.

What are the filing deadlines?

For individuals — 1 April (paper), 1 May (electronic) and 1 July when filed through a tax adviser. For legal entities the deadlines are similar; the financial statements are handled separately.

Can I file for previous years?

Yes, we prepare and file overdue returns and negotiate with the tax office to reduce penalties.

Do you work with foreigners who also earned income abroad?

Yes. We take into account tax residence, double tax treaties and credit for tax paid abroad.

Is filing included in bookkeeping?

Yes, annual reporting is part of the bookkeeping package. For clients without ongoing service, preparing a report is charged separately.

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