Investor Presentaiton
VAT Registration
VAT registration is obligatory for taxable persons established
in the Czech Republic whose turnover for the preceding 12
consecutive months exceeded CZK 1 million. Other situations
may also lead to obligatory VAT registration (e.g. the
purchase of a going concern from a VAT payer, the transfer
of the assets of a dissolved or spun-off VAT payer entity to a
taxable person).
A taxable person not established in the Czech Republic
becomes a Czech VAT payer if they make a specific
transaction with the location of supply in the Czech Republic,
such as a zero-rated supply of goods to another EU member
state or a Czech local taxable supply (supply of goods,
provision of services) on which they have to account for
VAT (i.e. the reverse-charge regime is not applicable). No
registration threshold applies.
Taxable persons (both established and not established in
the Czech Republic) may voluntarily register for VAT under
certain conditions.
A group of related parties established or having a VAT
establishment in the Czech Republic may register as a single
VAT payer (VAT group registration).
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