January 2025 rise to €100,000 annual sales threshold for compulsory VAT registration The Czech Republic is raising the VAT registration threshold on 1 January 2025 from CZK 2,000,000 to CZK 2,536,500 – which is the current equivalent of €100,000. This rise will synchronise the threshold
New rules for foreign VAT registered businesses from 1 January 2025 Effective 1 January 2025, significant amendments to the Czech VAT Act will impact foreign entities registered for VAT within the country. Although the legislation is pending final approval, it is widely expected to pass
2025 VAT registration thresholds, reverse charge and corrections updates A number of changes to the Czech VAT regime. Read more in our Czech VAT country guide. All of the below changes come into effect on 1 January 2025 The VAT turnover period will now be
2024 Increase in dispatches and arrivals of goods reporting thresholds The Czech Statistical Office has announced a rise in Intrastat thresholds from 1 January 2024. The thresholds will be as: Arrivals: will increase to CZK 15 million per annum (previously CZK 12 million) Detailed reporting
Czech Parliament approves 15% and 10% reduced rates replacement with new 12% rate from Jan 2024 The Czech Parliament has approved the proposed consolidation of reduced VAT rates from 2024. This includes shifting newspapers from 21% standard rate to the new, proposed 12% rate. The
Doubling of the registration threshold to lift thousands of business out of the VAT net The Czech Republic (Czechia) has been given permission by the European Commission (and European Council) to raise its VAT registration threshold. It will increase from CZX 1 million to the
E-tržby or EET certified VAT cash registers The Czech Republic (Czechia) Ministry of Finance has cancelled the reintroduction of its EEU online VAT cash registers due to the ongoing COVID-19 emergency. The requirement was suspended two years ago, and was to be reintroduced on 1 January 2023.
Potential annual reporting of certain intra-community movements of goods Czechia has introduced from 1 January 2022 a new simplified Intrastat reporting regime. This is comes with a reporting threshold of CZK 20m (approx. €820,000) for both dispatched and arrivals of goods from other EU member
New government aims to stimulate struggling economy by reducing tax and compliance burden for small businesses UPDATE: this proposal has been paused until at least 2023. The new Czech government is aiming to increase the resident VAT registration threshold from CZK 1 million to CZK
