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Accounting Law: New Classification of Entities and Higher Audit Thresholds

Accounting Law 2024: higher thresholds for micro, small and medium-sized enterprises, simplified audit requirements and…
EN

Smarter taxes: a tax reform for the future of the Czech Republic

Smarter taxes: a new Czech reform plan to ease wage taxes, boost investment, and modernize…
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New rules on reporting foreign workers: introduction of “Unreported Work”

Czech Employment Act 2025: employers must report foreign workers before start date or risk “unreported…
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Setting Up an A.S. in the Czech Republic

Setting up a JSC in the Czech Republic: minimum capital from CZK 2 million, 21%…
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Czech Republic: Europe’s second most industrialized economy

Czech Republic’s economy grew 2.6% in Q2 2025, driven by strong domestic demand and inventories,…
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Personal Income Tax (PIT) in the Czech Republic: what you need to know

Czech personal income tax explained: residency rules, 15% and 23% rates, filing deadlines, options for…
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Czech Republic: public procurement surges, defence takes the lead

Czech Republic boosts public procurement to CZK 993 bn in 2024. Defence contracts rise, split…
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AI in Czech companies, a revolution in progress

Healthcare, banking and manufacturing: 35% of Czech companies use AI. Artificial intelligence boosts efficiency and…
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Labour reporting rules in the Czech Republic 2025

Recently president of the country signed the law confirming change of employer’s labour reporting requirements.…
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Czech Republic: from 2026 employers will file a single monthly report

The Czech Republic will launch a digital single monthly report for employers in 2026, easing…
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Czech Entrepreneur Numbers Surge. Švarc System Likely Behind It

In the first half of this year, the number of self-employed individuals in the Czech…
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Limited Liability Company in the the Czech Republic

In the Czech Republic there are multiple options for establishing a business entity. In Commercial…
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Czechia’s self-employment boom: a signal of innovation

Czechia reaches a record 1.174 million self-employed workers. Discover why this growth is a positive…
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Foreign Ownership of Czech Government Bonds Falls to Lowest Level Since 2017

August 2025 | Prague – The share of Czech government bonds held by foreign investors…
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Import duties, shrinking margins, and the hidden costs of inaction

Import duties erode business margins. The real risk is ignoring costs, financial leverage, and currency…
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Implications of 3,5% rate from Czech National Bank

The Czech National Bank (CNB) is expected to maintain its benchmark interest rate at 3.5%…
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Czech Republic Sees Record Surge in New Businesses

In the first half of 2025, the Czech Republic experienced a notable increase in business…
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Czechia’s Energy-Sensitive Industries’ Reaction to ETS and CBAM Requirements

In an open letter to the Czech Prime Minister, industry associations representing companies from five…
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U.S. and EU finalize tariff deal in Scotland to avert trade war

U.S.-EU trade pact caps tariffs at 15%; EU commits $1.35T. Markets up, steel tariffs stay.…
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PX index as a sign of an expanding Czech economy

The Prague Stock Exchange closed yesterday above 2,200 points for the first time in its…
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Czech Republic’s economic landscape and the ties with Italy

An overview of the Czech Republic’s industrial economy and its trade relations with Italy. Includes…
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Czech Pension System Deficit Drops in Early 2025

Czechia’s pension deficit dropped to 9.2 billion CZK in H1 2025, a major improvement over…
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Czech Republic records over 2 000 000 trade license holders in the first half of 2025

What numbers are telling? In 2025 Czech Republic witnesses the continuation of entrepreneurs taking advantage…
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Czechia and Trump’s 30% tariff

Trump announces 30% tariffs on EU imports. Czech Republic affected, economic impact moderate but a…
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Czech Republic Records CZK 13.3 Billion Trade Surplus in May 2025, Driven by Auto Sector Gains

The Czech Republic posted a trade surplus of CZK 13.3 billion in May 2025, marking…
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Boom in Corporate Bankruptcies in the Czech Republic in 2025: +12% Compared to 2024

In the first half of 2025, corporate bankruptcies in the Czech Republic rose by 12%…
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EU Modernisation Fund Allocates €3.66 Billion to Support 34 Energy Projects

The European Commission and the EIB have announced €3.66 billion in funding for 34 energy…
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Czech Budget Deficit Falls to CZK 152.4 Billion: Best First Half Since COVID-19

Czech Republic’s H1 2025 state budget deficit drops to CZK 152.4 billion, the lowest since…
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Self-Employment: Better in Italy or the Czech Republic? A Comparison of Taxes and Contributions

Practical comparison of taxes and social contributions for freelancers in Italy and the Czech Republic.…
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Czech National Bank Pauses: Base Rate Stays at 3.5%

The Czech National Bank decided to keep its base rate steady at 3.5%, pausing the…
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Doing Business in the Czech Republic Is Easier Than Ever, Study Finds

According to the Global Business Complexity Index 2025, the Czech Republic ranks among the top…
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Gold Price Soars Near Record High After Israeli Strike on Iran

Gold price surged to $3,440 per troy ounce after Israel's strike on Iran. Investors turn…
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Czech Republic Budget Deficit Reaches CZK 126 Billion in April, But Signs of Economic Recovery Emerge

The Czech Republic’s state budget deficit hit CZK 126 billion in April 2025. Tax revenues…
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Czech Investors Shift Toward Europe: A New Investment Landscape Emerges

In 2025, Czech investors are shifting gears: favoring Europe over the U.S. amid growing geopolitical…
ENNon categorizzato

Middle East Tensions Could End the Era of Cheap Fuel in the Czech Republic

The Israel-Iran conflict escalation could mark the end of cheap diesel and gasoline in the…
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Czech Republic’s Unemployment Drops to 4.2% in May 2025 Amid Seasonal Trends

In May 2025, unemployment in the Czech Republic dropped to 4.2%, the lowest level this…
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