Your professional business partner in Czech Republic
TIMEVAT help foreign companies in most industries with registration, reporting and compliance in Czech Republic. We are your VAT experts and consultants towards the Czech Republic authorities.
If a company not established in Czech Republic is providing ‘taxable supplies’ of goods or services in Czech Republic, it may have to obtain a non-resident Czech export VAT registration. In accordance with the EU VAT Directive, foreign traders are legally obligated to register for Czech export VAT in certain circumstances in order to report taxable transactions and declare VAT that must be charged.
It is important that all businesses with any commercial activity in Czech Republic assess their compliance obligations and register prior to commencing taxable transactions if applicable.
What you need to know
There are various scenarios that would trigger an obligation to register for VAT in Czech Republic. Some of the most common examples are:
- Importing goods into Czech Republic from outside the European Union
- Buying and selling goods in Czech Republic
- Selling goods from Czech Republic which are delivered to customers outside of Czech Republic (business or private customers)
- Acquiring goods in Czech Republic from another EU country (Intra-community acquisitions)
- Holding inventory in Amazon warehouse or other in Czech Republic for sale, distribution or consignment
- When total E-commerce sales of goods to consumers in EU, exceeds the threshold of € 10,000 companies are now eligible for signing up for (One-stop-shop) called the OSS scheme by SKAT.
If you already do business or plan to do business in Czech Republic, you should contact TIMEVAT immediately. We speak the language, have easy access to the Czech Republic authorities and now the procedures. Please contact us for advise and assistance.
VAT Rates, Formats & Thresholds
| VAT Rates | VAT Designation | VAT Number Format | Distance Selling Threshold | Intrastat Threshold | ||
| 21% | (Standard) | DPH | CZ12345678 | € 10,000 *) | CZK 12,000,000 | (Arrivals) |
| 10/15% | (Reduced) | CZK 12,000,000 | (Dispatches) |
*) As of 1st of July 2021 companies are eligible to sign up for (One-stop-shop) the OSS scheme by SKAT when the total annual EU sales exceeds the threshold of € 10,000.
VAT return periods
Monthly (turnover in excess of CZK 10 million)
Quarterly (turnover below CZK 10 million)
Annual returns
No
EC Sales Lists frequency
Monthly, or quarterly if VAT returns are submitted quarterly and only supply services that fall under article 44 of the EC Directive.
EC purchase lists
No
Other reporting requirements
Control statements for purchases
Reverse charge
Where non-established business supplies certain goods and services to VAT registered customers in Czech Republic the customer accounts for VAT under the reverse charge. The extended reverse charge also applies to certain construction services supplied within the Czech Republic. Please contact us if you would like details of how the extended reverse charge applies in Czech Republic.
Fiscal repræsentation
The concept of a tax representative does not apply in Czech Republic.
