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Notice about international workers in the EU: New laws will come into force in the Czech Republic in July

The obligations for notifying a foreign worker or EU citizen are changing. You can now submit such notifications only in XML format. Additionally, it introduces three different reporting methods, as well as entirely new concepts. Starting in July 2024, the Czech Republic will require electronic communication to meet businesses’ information responsibilities when employing international workers. […]

Czech Republic Tightens Anti-Money Laundering Regulations: What You Need to Know

An amendment to the anti-money laundering law (Law No. 253/2008 Sb.) was enforced in the Czech Republic at the start of May, introducing new obligations for persons providing services related to virtual assets. Such persons also include those who manage assets through investment funds. What new obligations will arise with the amendment to the Anti-Money […]

Operational car leasing in the Czech Republic: how does it work?

If you are considering buying a new car, you can use operational leasing. This offers many benefits. Many companies offer this service. We’ll tell you how operational car leasing works in the Czech Republic. Operating a lease is similar to leasing a car. The car is owned by a finance company, which is responsible for […]

Changes to Radio and TV Fee Calculation for Businesses in the Czech Republic

The Czech Republic is going to raise license fees for radio and TV in 2025. However, small businesses will not have to pay these fees to use radio and TV. The Czech Ministry of Culture has made a change to the rules about how businesses can pay their radio and TV license fees. If approved, […]

The EU has approved new rules for instant bank transfers: what you need to know

The European Parliament has approved new rules that will ensure that bank transfers will arrive in an account within ten seconds, regardless of the day of the week or time of day. The rules will apply to retail customers and small and medium-sized enterprises. Parliament provisionally approved the regulation in November to ensure safer transfers […]

By 2025, Czech entrepreneurs will see significant regulatory relief: what to expect?

The Czech Ministry of Industry and Trade (MPO) published a package of 23 proposals to reduce the bureaucratic burden on entrepreneurs in trade, employment, environment, and tax administration and sent it for interdepartmental discussion. Minister Josef Sikela wants all proposed measures to come into force no later than July 1, 2025. Individual proposals include tasks […]

Accounting in the Czech Republic: Is it possible to correct an error in a tax return?

Have you realized you made a mistake on your tax return? Depending on when you filed your return and whether you are required to file electronically, your approach to this issue will vary. In some circumstances, you will need to file an amended return, whereas in other situations, you will need to file an extra […]

Electronic employment contracts and agreements: what employers in the Czech Republic should know

For the past six months, employers in the Czech Republic have had the option of signing employment contracts and agreements in a simpler electronic format. Experts recommend what to avoid. Amendments to the Labor Code, effective October 1, 2023, have simplified the procedure for concluding bilateral legal contracts (agreements). This includes, for example, the coordination […]

Health Insurance Audits in the Czech Republic: What Entrepreneurs Need to Know.

Health insurance companies in the Czech Republic have the right to audit insurance premium payers, including individual entrepreneurs and small businesses. These checks ensure compliance with insurance regulations and help maintain the integrity of the system. Understanding when and how these inspections occur is crucial for entrepreneurs in the Czech Republic. There are two primary […]

Czech Property Taxes Soar 80%: Deadline May 31st, What You Need to Know

About 4.2 million people and companies in the Czech Republic pay property taxes yearly. Starting in 2024, property owners will pay significantly more due to over 40 changes in the government’s consolidation package. The most important change is an average 80% tax increase across all properties. Some property owners will now be required to file […]

VAT Registration Changes in the Czech Republic (from 2025)

The Czech Republic will introduce modifications to its legislation governing required VAT registration starting in 2025. One of the most major changes will be to the turnover-based registration requirements for taxpayers. The method for calculating turnover will be modified. A second turnover threshold will be introduced, and there will be alterations to the associated deadlines. […]

Starting in July, new reporting requirements for employment contracts in the Czech Republic

Starting in July, authorities in the Czech Republic must be informed about all contracts for work (DPP), including those with compensation below 10,000 Czech crowns. The overall process for entering into such contracts will undergo changes. The social security administration will now allow employers to register a single, notified work agreement (DPP). This agreement will […]

How can Ukrainian employees obtain tax benefits in the Czech Republic?

The employment conditions for workers from Ukraine are gradually changing. Some are now eligible for all tax deductions and benefits in the Czech Republic. Let’s examine under what conditions this is possible. Employing foreigners in the Czech Republic is a complex procedure, and the employer must meet all legal requirements. However, whether a foreigner has […]

Artificial intelligence in HR? Evaluating the advantages and risks

All industries are discussing the use of artificial intelligence. But what role does it play in HR? What does it help with, and what should we approach cautiously? The portal Podnikatel.cz presents a study on the use of artificial intelligence in recruiting and HR in general and advises on how to approach this technology. Daily […]

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Notice about international workers in the EU: New laws will come into force in the Czech Republic in July

Czech Republic Tightens Anti-Money Laundering Regulations: What You Need to Know

Operational car leasing in the Czech Republic: how does it work?

Changes to Radio and TV Fee Calculation for Businesses in the Czech Republic

The EU has approved new rules for instant bank transfers: what you need to know

By 2025, Czech entrepreneurs will see significant regulatory relief: what to expect?

Accounting in the Czech Republic: Is it possible to correct an error in a tax return?

Electronic employment contracts and agreements: what employers in the Czech Republic should know

Health Insurance Audits in the Czech Republic: What Entrepreneurs Need to Know.

Czech Property Taxes Soar 80%: Deadline May 31st, What You Need to Know

VAT Registration Changes in the Czech Republic (from 2025)

Starting in July, new reporting requirements for employment contracts in the Czech Republic

How can Ukrainian employees obtain tax benefits in the Czech Republic?

Artificial intelligence in HR? Evaluating the advantages and risks

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