Invoices

10 Czech Republic | Commentary

Foreign currency

10 Czech Republic | Commentary

Invoices

A VAT invoice (called a tax document) must be issued in the following cases:

  1.  

    •     All taxable supplies made for taxable persons or for non-taxable legal entities.

  2.  

    •     Distance selling of goods into the Czech Republic.

  3.  

    •     VAT-exempt intra-EU supplies of goods.

  4.  

    •     On request, for business-to-consumer (B2C) retail supplies.

  5.  

    •     Upon receipt of consideration where it occurs before a taxable supply.

The normal time limit for issuing a VAT invoice is within 15 days of the supply.

For a supply of more than CZK 10,000, a full VAT invoice must be issued. The characteristics of full VAT invoices are set

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