Periodic VAT returns
The main reporting obligation for all Czech Republic VAT registered entities or the VAT identified person is the filing of periodic VAT returns. These are filed monthly or quarterly (see 10.1). Newly registered businesses, VAT groups and businesses with poor compliance records cannot file quarterly returns regardless of their turnover.
Small businesses with a turnover of less than CZK 10 million can opt to file quarterly returns.
VAT returns must be filed electronically by both individual persons and legal entities.
The VAT due may be paid in cash directly to the financial authority (for amounts less than CZK
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