Czech Republic V.A.T. and Other Taxes

In 2024 VAT is payable at a rate of 21%.
There is a reduced rate of 12% that refers in the main to:

  • Services for the provision of water and heating.
  • Food and medications
  • Newspapers and books
  • The threshold for VAT registration is CZK 2 million (turnover).
    There is no minimum turnover for foreign companies operating in the Czech Republic.
Comment: Financial institutions are not charging VAT.

Czech Republic Reporting Periods

The reporting periods for businesses are monthly or quarterly.
The VAT must be paid by the 25th day after the relevant reporting period.
When the periodic report shows a surplus of VAT inputs over VAT from transactions, a refund will be received within 30 days.
Should there be an outstanding debt to other tax authorities, the share due to the other tax authorities will be offset against the turnover and the balance repaid to the owner of the business on his request.

Czech Republic VAT Exempt/ 0% VAT

The following forms of receipts may be numbered among the receipts exempt from VAT:
  • Export
  • Postal services
  • Broadcasting services - radio and television
  • Financial institutions (banks, insurance companies)
  • Planning and instruction
  • Health services
  • Welfare services
  • Lotteries and games of chance
  • Non-profit making institutions

Albania VAT taxes | Brazil VAT taxes | Bulgaria VAT taxes | Canada VAT taxes | China VAT taxes | Croatia VAT | Cyprus VAT taxes | Czech R. VAT taxes | Estonia VAT taxes | Finland VAT taxes | France VAT taxes | Georgia VAT taxes | Germany VAT taxes | Greece VAT taxes | Hong Kong VAT taxes | Hungary VAT taxes | India VAT taxes | Ireland VAT taxes | Israel VAT taxes | Italy VAT taxes | Japan VAT taxes | Latvia VAT taxes | Latvia VAT taxes | Lithuania VAT taxes | Malta VAT taxes | Mexico VAT taxes | Montenegro VAT taxes | Netherlands VAT taxes | Poland VAT taxes | Portugal VAT taxes | Romania VAT taxes | Russia VAT taxes | Serbia VAT taxes | Singapore GST and other taxes | Slovakia VAT taxes | Slovenia VAT taxes | Spain VAT taxes | Tunisia VAT taxes | Turkey VAT taxes | UAE VAT taxes | UK VAT taxes | Ukraine VAT taxes | U.S. Sales taxes