Czech Republic

Country Czech Republic
Currency CZK
EU Member State Yes
Standard VAT rate 21%
Reduced VAT rate 15% / 10%
VAT registration limit for established businesses 1,000,000 CZK
VAT registration limit non-established businesses Nil
VAT registration rate for  distance sellers 1,140,000 CZK
VAT return filing periods Monthly for turnover in excess of 10 million CZK and Quarterly for turnover below 10 million CZK
Annual returns No
Intrastat thresholds: dispatches and arrivals 8,000,000 CZK dispatches/ arrivals 8,000,000
EC Sales Lists frequency Monthly or quarterly
Additional reporting requirements No
VAT recovery by non-established non-EU businesses Monthly / quarterly
Reverse Charge Yes for the majority of cross border activity
Fiscal representative required for non-EU businesses No
Statute of limitations 3 years
Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.