Corporate income tax is levied on corporate entities in the Czech Republic, including joint-stock companies, limited liability companies, general partnership and limited partnership. The last two entities are considered for tax purposes transparent, and therefore taxed at their partner’s level.
The deadline for corporate income tax is the end of March but it can be prolonged till June if you grant the power of attorney to an tax advisor. YourTaxes.cz is happy to accept the power of attorney and assist you with the corporate income tax return preparation and filing.
During our work we can eliminate many mistakes in internal processes by preparing the tax return so you can avoid possible risks in the future. Our work does not finish with the submission of your tax return at the Czech tax office. We can help you with the postponement of tax payment, with the request for reduction or cancellation of advance payment obligations, and with the correction of mistakes from the past, etc.
The financial statements must be filled together with the corporate income tax return in the Czech Republic. The financial statements is based on the statutory accounting which every company must keep in the Czech Republic. We can assist you - YourTaxes.cz - your accountant in the Czech Republic.
Yourtaxes.cz - Partner for your Czech corporate income tax
What are the essential information that every tax invoice must contain according to the Czech VAT Act?
Czech VAT is generally due on a supply of goods or services with the place of supply in the Czech Republic carried on by a taxable person in the course of economic activities. The taxable supply usually means goods or services provided for a consideration.
The simplification rule for the consignment stock (called as "Call of Stock") can be applied in the Czech Republic. However, there are several conditions that must be fulfiled for it.