Regulatory updates - Czech Republic
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.
2022-06-23
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
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