Accountancy in Czech Republic
If you have a company in Czech, then you need to prepare annual financial statements on the activities of the company. Financial reporting, management report, and auditor’s report – we are ready to provide you with all these services for your business.
Reporting required for filing at the end of the year in the Czech Republic:
- Annual balance sheet.
- Report on all profits and losses.
- Data on the movement in cash accounts.
- Information about any changes in the structure of capital and assets.
Companies and structures that, by law, have the right to submit reports in a simplified form and refuse a mandatory audit (the boundary indicators are indicated, upon reaching which this benefit becomes invalid):
- Annual profit: up to 40 million CZK.
- Turnover: up to 80 million CZK.
- The number of employees: up to 50.
Please note that issuers of securities traded on stock exchanges outside the Czech Republic, consolidated market participants, and branches of foreign companies always submit full accounts.
The specialists of our company will be happy to help you with bookkeeping in Czech Republic. We provide a comprehensive, quality service for you, and all types of audit services including, financial reporting, management report, and auditor’s report, as well as give a consultation.
Bookkeeping for business
Our company provides consultations and highly qualified accounting services, on issues of legislation and taxation. Our company offers full accounting support in Czech Republic.
Taxes in Czech Republic
One of the reasons why Czechs are a great choice for business formation is a low tax rate which is one of the lowest in all of Europe – the standard income tax rate is 19%. Learn taxes and get most of the Czech company.
Learn about taxes
Many foreign businessmen choose the Czech Republic for doing business in Europe, all because taxes in this country are quite low. If you have any questions about taxation in the Czech Republic please contact us. Learn about taxation and tax rate in the Czech jurisdiction with us.
Financial reporting allows you to get detailed information about the financial condition of the company and its creditworthiness, as well as the financial results of its activities.
The financial audit should be carried out by:
- large companies
- medium-sized companies
- small companies, if they are joint-stock companies or trust funds with assets over 40 million kroons, annual turnover over 80 million kroons, with an average number of employees of at least 50 (one criterion is sufficient)
Financial and balance sheet reporting is provided by the Commercial Register. For information, you can contact the Commercial Register in person or use a special online service.
Contact us to order financial statements of a company in the Czech Republic.
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