Value-added tax (VAT) and VAT returns

Do not forget that VAT is within EU the most harmonised tax. By evaluation of individual cases is taken in consideration not only standard Czech legislation consisting of laws, related regulations and judgements of Higher Administrative Court, but above all orders, guidelines of EU and no less important judgements of the European Court of Justice. Simultaneously we watch planned changes and already agreed amendments of European regulations, which effect our clients fundamentally within tax optimization and planning.
We specialize in international business and business transactions impacts with abroad. By evaluation of VAT impacts within import and export is for us essential the knowledge of EU Custom Regulation (Custom Code and related guidelines and regulations). For our clients we propose execution of chain business and complete documentations.

The overwhelming majority of services is nowadays provided in certain form electronically. An electronically provided service is considered for example music and film sales, which can be downloaded directly from your website. In such situations becomes the VAT problematics complicated. We explain to you what is subject to the Czech VAT rate and what is exempted from tax, but also which records for VAT purpose you should keep.

  • VAT registration (lasts approximately two weeks), deregistration
  • We will test whether any registration duty occurred and will detect potential activities which may lead to registration duty
  • Tax return filing
  • filing and processing custom statistics (INTRASTAT and EXTRASTAT), recapitulative statement (VIES)
  • Tax audit
  • VAT return from the EU states
  • Representing of foreign subject by value-added tax return in the Czech Republic
  • Consulting and proposal of the most optimal solution by liaison with abroad
  • We solve international business cases based on international delivery conditions INCOTERM, their impacts on VAT
  • We assist by goods import and export, customs declaration and assessment of goods custom price
  • We solve chain businesses, which legislation is considerably based on the judgements of the European Court of Justice
  • Consulting by providing of electronical services such as music sales, film sales, webhosting, software distance selling etc.
  • Specific issues consultancy

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