Domestic supplies

Domestic supplies

An individual or legal person who operates an economic activity is deemed to be a taxable person.

A taxable person who makes taxable supplies of goods or services in the Czech Republic may have an obligation to register and account for VAT.

A VAT registration in the Czech Republic can either be:

1.  

   •     a full VAT registration, where the entity becomes a VAT payer; or

2.  

   •     a limited VAT registration, where the entity becomes an identified person.

It is necessary to distinguish between taxable persons seated in the Czech Republic and non-seated taxable persons.