Regulatory updates - Czech Republic

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements for Czech Republic.
23 June 2022

Czech Ministry of Finance receives EU approval for increasing the VAT registration threshold

The Ministry of Finance in the Czech Republic has proposed to raise the VAT registration threshold from CZK 1 million (ca. EUR 40 500) to CZK 2 million (ca. EUR 81 000).

Country specifications

E-Invoicing/CTC Model:

Post Audit

Mandatory Infrastructure:

– B2G: Under development

– B2B: N/A

Mandatory Format:

– B2G: EN Compatible by Law, local ISDOC in practice

– B2B: N/A

Mandatory for Issuing:

No explicit requirements

Mandatory for Receiving:

– B2G: All contracting authorities

– B2B: Buyer’s consent is required

eSignature:

Not Required

Archiving Period:

10 Years

Archiving Abroad:

Allowed under conditions

Contact us

Book a free consultation to find out more about how we can help you streamline your business with a solution that suits your specific needs.

Stay up-to-date with our Compliance Monitor

Receive an in-depth report with country-specific requirements