Investor Presentaiton
VAT LEDGER STATEMENT
Czech VAT payers are further obliged to electronically
file a VAT Ledger Statement including mainly the below
supplies:
local supplies;
•
•
local purchases;
•
.
acquisition of goods from another EU member state and
supplies acquired from persons not established in the
Czech Republic;
supplies (both received and provided) under the local
reverse charge regime.
INTRASTAT DECLARATIONS
Businesses exporting goods to or receiving goods from
other EU member states and exceeding relevant annual
thresholds (CZK 12 million for exports or CZK 12 million
for goods received) must complete and file Intrastat
declarations.
Based on the turnover for Intrastat purposes in 2021, the
company can file so called,,simplified Intrastat report" if
its yearly turnover for arrivals and/or exports (calculated
separately) ranges between CZK 12.000.000 and
CZK 20.000.000.
Intrastat declarations are submitted on a monthly basis, by
the 12th working day of the month following the month for
which the declaration is being filed. Intrastat declarations
must be submitted electronically. A penalty of up to CZK
1 million may be imposed for failing to submit an Intrastat
declaration.
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