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Doing business without a trade licence

If a natural entity wishes to perform a trade in the Czech Republic on a permanent basis, he/she must hold a trade licence. However, this does not apply to cases when the trade is performed on a one-off basis or is regulated by another specific law. The conditions and rules governing business in the Czech Republic are laid down in Act No. 455/1991 Coll., the Trade Act.

 
 
Justice, legal environment
 
 

Tax duties of foreigners in the Czech…

Foreigners who work in the Czech Republic have the same X3 tax rights and duties X3 as Czech citizens. If a foreigner…

 
 
Justice, legal environment
 
 

TAX FREE – returning VAT to foreigners

VAT is an indirect tax applicable to the sale of goods and services. This tax is paid by the customer. The Czech…

 
 
Justice, legal environment
 
 

Changes to calculation of interest from…

Interest from delay is a sanctioning payment, which the creditor is entitled to for breach of the debtor’s duty of…

 
 
Justice, legal environment
 
 

Tax news from 2010

Within the scope of economic measures a new tax burden, which is included in consumer tax and in the VAT rate, has been…

 
 
Justice, legal environment
 
 

Legal entity income tax

Basic information about who is and who is not obliged to pay legal entity income tax and information regarding the…

 
 
Justice, legal environment
 
 

Real Estate Tax

x1 Real Estate Tax x1 is made up of two various taxes. Buildings and Structures Tax and Land Tax. The taxation period…

 
 
Justice, legal environment
 
 

Value Added Tax (VAT)

Value Added Tax makes up one of the most important sources of income of the state budget. Everyone pays it during…

 
 

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25/5/2012