Company
Once the company is set up, even though it may not have started trading by the year-end, there will still be accounting and tax compliance issues that need to be dealt with on a timely basis, to avoid possible penalties.
The range of services we typically provide include:
- Corporate tax registration - this must be done within 30 days of the company being registered in the commercial register.
- VAT registration - this is obligatory if the company exceeds the VAT threshold of CZK 1 million over any 12 consecutive months, otherwise it is voluntary).
- Preparation and filing of VAT Returns.
- Book-keeping – can be carried out either monthly or quarterly.
- Payroll Services.
- Preparation of management accounts (in English).
- Preparation and filing of year-end financial statements, tax return and general meeting in accordance with relevant local accounting, tax and company laws.
We would recommend appointing a certified tax advisor as this will automatically entitle the company to an extension of the filing deadline by 3 months, and allow us to file VAT Returns on your behalf and generally deal with routine tax enquiries.
We can also handle the personal tax aspects for the directors and employees of the company.
Self-Employed Individual
We can assist with obtaining business licences for self-employed individuals and handle the necessary compliance work with respect to accounting, tax and social and health insurance.
