VAT

On the basis of the Czech Value Added Tax Act, VAT payers are entrepreneurs who have had a turnover of more than one million crowns for 12 or less consecutive calendar months. VAT payers are also so-called identified persons who do business with foreign countries. There are other exceptions where payership is mandatory. However, becoming a VAT payer can be for entrepreneurs ...

Why and how to become a voluntary VAT payer without delay Continue reading »