Ganado

AFTER FORMATION

What to do after founding a Czech s.r.o. — a dated checklist

Registration in the Commercial Register is where a company starts, not where the paperwork ends — and the first duty has a 15-day deadline. Below are the obligations in the order they arrive: what to do, by when, at which authority, and under which law. Every item links to a primary source, verified on the date below. We can keep the accounting and the deadlines off your desk from 1,990 CZK a month.

Ask about post-formation setup Form a Czech s.r.o.
  • File your corporate income tax registration within 15 days of the company's formation, meaning its entry in the Commercial Register.
  • An s.r.o. gets a data box (datová schránka) automatically by law (Act No. 300/2008 Coll.). You do not apply for it, but you do have to watch it from day one.
  • An s.r.o. must keep double-entry accounting from its date of formation, even if it has not issued a single invoice yet (§ 1(2) of the Accounting Act).
  • Neither VAT registration nor identified-person status has anything to do with incorporation. A specific event triggers them — turnover above CZK 2,000,000, or a cross-border transaction (§ 6 and § 6h of the VAT Act). Track both triggers separately.

Responsibility for this page rests with Ganado International s.r.o., company ID 19322119 (ARES registry entry). It is general information as of the update date, not tax advice on your specific case.

Obligations after formation — in the order they arrive

The order below follows how obligations usually arrive after a company is formed. Each item gives the deadline, the authority that handles it, and a link to the primary source.

  1. Corporate income tax registration

    within 15 days of the company's formation (registration in the Commercial Register) the locally competent tax office (finanční úřad)

    Every s.r.o. files a registration application for corporate income tax unless its income is only tax-exempt or taxed by withholding. The tax office then assigns a tax identification number (DIČ) and delivers the registration decision to the data box.

    Source: Czech Financial Administration — Starting a business

  2. Activating and monitoring the data box

    created automatically immediately after registration in the Commercial Register Digital and Information Agency (DIA)

    Every s.r.o. in the Commercial Register gets a data box (datová schránka) by law, automatically and free of charge, under Act No. 300/2008 Coll. You do not apply for it, but you do have to watch it from day one: delivery to a data box has the same legal effect as registered mail, including starting statutory deadlines.

    Source: Act No. 300/2008 Coll., on electronic acts and authorized conversion of documents

  3. Monitoring turnover for mandatory VAT registration

    registration application within 10 business days of exceeding the threshold the locally competent tax office

    A company becomes a VAT payer once its calendar-year turnover exceeds CZK 2,000,000 (payer from 1 January of the following year, with the option to pick an earlier date) or CZK 2,536,500 (payer the day after the threshold is crossed). Either way, file the registration application within 10 business days of the day the threshold was crossed.

    Source: Act No. 235/2004 Coll., on Value Added Tax, §§ 6 and 94

  4. Registration as an identified person

    within 15 days of the status arising the locally competent tax office

    Identified-person status arises when the company receives a service from a foreign taxable person with the place of supply in Czechia, acquires goods from another EU member state above the threshold, or supplies a cross-border service — while it is not, and does not want to be, a VAT payer. File the registration application within 15 days of that status arising, independently of VAT registration.

    Source: Act No. 235/2004 Coll., on Value Added Tax, § 97

  5. Social security for the director and employees

    within 8 calendar days of the triggering fact the district Social Security Administration (OSSZ)

    As an employer, the company must register with the OSSZ within 8 calendar days of that duty arising — usually when the first employee starts, or when the director (jednatel) begins drawing a fee that triggers sickness-insurance participation. The same 8-day window applies to registering each further employee.

    Source: ČSSZ — Overview of employer obligations

  6. Health insurance for employees and the director

    within 8 days of the triggering fact the relevant health insurance company

    The employer notifies the health insurer within 8 days when an employee starts, and when a director draws a fee that triggers health-insurance participation. Under an amendment to Act No. 48/1997 Coll. (made by Act No. 289/2025 Coll.) effective 1 January 2026, these notifications must be filed electronically.

    Source: VZP ČR — Employer notification duty

    Source: VZP ČR — Mandatory electronic employer notifications (from 1 Jan 2026)

  7. Keeping accounting records from day one

    the obligation arises on the company's date of formation the Accounting Act (no separate registration)

    An s.r.o. is always an accounting entity and keeps double-entry accounting from the date it is entered in the Commercial Register, regardless of when it starts trading or invoicing. There is no grace period without bookkeeping.

    Source: Act No. 563/1991 Coll., on Accounting, § 1

  8. Opening a business bank account

    practically immediate — no statutory deadline your choice of bank

    The law sets no deadline for opening a business account, but you need one to pay in the share capital and to run day-to-day operations. Once the company becomes a VAT payer, it must also register and publish at least one bank account with the tax office for payments for taxable supplies — otherwise the customer can end up liable for unpaid VAT.

    Source: Act No. 235/2004 Coll., on Value Added Tax, §§ 96, 98 and 109

  9. Registering the beneficial owner

    without undue delay after formation (often automatic) the Register Court / Register of Beneficial Owners

    With a simple structure, meaning one or more individual shareholders, the Register of Beneficial Owners is usually filled automatically from the Commercial Register. With a more complex ownership structure, you have to file the registration yourself, without undue delay after the company is formed.

    Source: Register of Beneficial Owners — Ministry of Justice

  10. Getting your first invoice right

    from the first invoice issued the VAT Act / Civil Code

    A company that is not a VAT payer yet still has to put the statutory elements on an invoice: company name, ID number (IČO), registered seat, document number, description of the supply, and price. A VAT payer or identified person must also meet the tax-document requirements under § 29 of the VAT Act, including the tax ID number and the date of supply.

    Source: Act No. 235/2004 Coll., on Value Added Tax, § 29

Register for VAT, or stay outside it?

This is the decision every new company faces, and it does not turn on preference — it turns on what has happened. Find your row:

Your situation What it means
Czech turnover under CZK 2,000,000, invoicing inside Czechia only No registration and nothing to file. Do keep tracking turnover, because the threshold is measured per calendar year (§ 6(1) of the VAT Act).
Turnover passed CZK 2,000,000 You become a VAT payer from 1 January of the following year, and you may opt for an earlier date. File the registration application within 10 business days of crossing the threshold (§ 94(1)).
Turnover passed CZK 2,536,500 You are a VAT payer from the day after the threshold is crossed, with no choice in the matter (§ 6(2)(b)). The same 10-business-day application window applies.
You buy advertising or software from abroad (Google, Meta, cloud tools) You become an identified person on the day you receive that supply (§ 6h), with 15 days to file the registration (§ 97). You do not become a VAT payer, and you account for VAT only on those supplies.
You acquire goods from another EU member state above CZK 326,000 a year Below that value the acquisition is outside the scope of the tax; above it you become an identified person from the first acquisition that is within scope (§ 2a(2) and § 6g).
Your customers are Czech VAT payers and your input VAT is high Voluntary registration is available (§ 94a). It only pays off if the VAT you pay on inputs exceeds what you would charge on outputs — run it on your own numbers, not on a recommendation.

Identified person and VAT payer are two separate statuses; neither replaces or rules out the other. Track the triggers separately.

What you send, what we do, when it is done

Setting up a new company is one-off work; after that you just send documents. It runs like this:

  1. What you send

    Your IČO and the date of entry in the Commercial Register, your line of business, whether you will have employees, and whether you are already buying anything from abroad. If the register or the tax office has sent anything to your data box, forward it.

  2. What we do

    We check which of the obligations above are already met and which are not, confirm where you stand on the 15-day income tax registration, assess whether identified-person status has already arisen, and write down what we file and what you file. We also set up how documents reach us each month.

  3. When it is done

    You get a written reply with the next step and a price, usually within 1 business day. The income tax registration has a 15-day window from formation, so if you are inside it we say so in that first reply.

Written reply, no call — usually within 1 business day.

What is billed separately

The monthly bookkeeping price covers a new company's ordinary agenda. These items sit outside it:

Payroll from 490 CZK per employee per month Payroll calculation, payslip and the agreed reporting to ČSSZ and the health insurer. This also covers a director who starts drawing a fee.
First employee and payroll setup from 990 CZK Registration with the OSSZ and the health insurer, opening data, workflow setup and the first calculation.
Takeover from another provider free Only relevant if someone already kept the company's books and you are moving to us. Unprocessed historical periods are quoted once we have reviewed them.
Unprepared earlier periods and corrections by scope, price confirmed up front Posting months with no bookkeeping, supplementary returns and follow-up control statements. Nothing starts without your go-ahead.

With continuous bookkeeping, the annual financial statements and the corporate income tax inputs are part of the monthly price — for a new company that is the single largest item you will not be billed for separately. Individual tax or legal advice is not part of the service. Rates are on the pricing page.

What accounting costs a new company in its first year

An example for a non-VAT s.r.o. with no employees and low activity in its first year — the typical state shortly after formation. Every figure comes from the same price list:

Bookkeeping: 1,990 CZK × 12 months 23,880 CZK
Annual financial statements and corporate income tax inputs 0 CZK — included in continuous bookkeeping
First year, total 23,880 CZK

Once you take on a first employee, add payroll setup from 990 CZK and then 490 CZK per employee per month. Once the company becomes a VAT payer, the monthly rate changes with the scope of the agenda. Unprepared earlier periods are quoted separately and confirmed before we start.

First-year deadlines people miss most often

Under § 136 of the Tax Code (Act No. 280/2009 Coll., daňový řád), the corporate income tax return is due 3 months after the end of the tax period. Because every s.r.o. has a data box activated by law, the return is filed electronically, which makes the deadline 4 months. If a tax advisor prepares it under a power of attorney, or the company is subject to a mandatory audit, the deadline is 6 months.

Under § 66 of the Act on Public Registers (Act No. 304/2013 Coll.) and § 21a of the Accounting Act, the annual financial statements — balance sheet, profit and loss, notes — have to be filed in the Collection of Deeds of the Commercial Register within 12 months of the balance-sheet date. That applies to the company's first, partial financial year too. You can check your own filing in the Collection of Deeds, which is public — your business partners and your bank see exactly what you see.

An unfiled statement is not a formality. If a company ignores the register court's call to submit documents that belong in the Collection of Deeds, the court can impose a procedural fine of up to CZK 100,000 (§ 104 of Act No. 304/2013 Coll.). Where statements are missing for at least 2 consecutive accounting periods, the court gives the company 1 month to file them and otherwise proceeds under § 104; on repeated non-compliance, or where the call cannot be delivered, it can open proceedings to dissolve the company with liquidation (§ 105a and § 105). Not publishing the statements is also an offence under the Accounting Act, carrying a penalty of up to 3 % of total assets (§ 37a).

For a late return, the penalty only arises once the delay exceeds 5 working days; it is then 0.05 % of the assessed tax per day of delay, capped at 5 % of the tax and at CZK 300,000 overall, and a penalty below CZK 1,000 is not charged (§ 250 of the Tax Code). On a model tax of CZK 100,000 that is CZK 50 per day of delay with a CZK 5,000 ceiling; file within 30 days of the missed deadline with no other delay that year and the penalty is halved.

If the company employs nobody in its first year and the director draws no fee, the employer registrations above (OSSZ, health insurer) do not arise yet. They arise on the day that changes, and the same 8-day windows run from then.

VERIFIED

Sources (verified 2026-09-20)

The links below point to primary sources — statutes and the relevant authorities' own pages — as of the verification date in the heading. Deadlines and thresholds change over time, so confirm the current wording before acting on a specific case.

  1. Czech Financial Administration — Starting a business
  2. Act No. 300/2008 Coll., on electronic acts and authorized conversion of documents
  3. Act No. 235/2004 Coll., on Value Added Tax
  4. ČSSZ — Overview of employer obligations
  5. VZP ČR — Employer notification duty
  6. VZP ČR — Mandatory electronic employer notifications (from 1 Jan 2026)
  7. Act No. 563/1991 Coll., on Accounting
  8. Act No. 280/2009 Coll., Tax Code (daňový řád), § 136 (tax return filing deadlines)
  9. Act No. 304/2013 Coll., on Public Registers of Legal and Natural Persons, § 66 (Collection of Deeds)
  10. Register of Beneficial Owners — Ministry of Justice
  11. Public Register and Collection of Deeds — Ministry of Justice
  12. MOJE daně tax portal — Czech Financial Administration
  13. Act No. 300/2008 Coll., on electronic acts and authorized conversion of documents (consolidated text)
FAQ Frequently asked questions
01 What must I do on day one after forming my s.r.o.?
Start watching your data box, which is created for you, and file your corporate income tax registration within 15 days. Accounting records are kept from the date of formation, with no separate registration step.
02 Do I need to register for VAT immediately?
No, not until turnover for a calendar year exceeds CZK 2,000,000 (or CZK 2,536,500), or a cross-border transaction triggers identified-person status. VAT registration is tied to a specific event, not to incorporation.
03 When does identified-person status arise?
Typically when the company receives a cross-border service, for example Google or Meta advertising or software from abroad, or acquires goods from the EU above the threshold — even while it is not a VAT payer. The registration application is due within 15 days of that status arising.
04 Does the director have to pay social security and health insurance?
As long as the director draws no fee for the role, the company does not register them with the OSSZ or the health insurer as an employer. Once a fee starts triggering insurance participation, the company must register as an employer within 8 days.
05 When is the first tax return due?
The basic deadline is 3 months after the end of the tax period, or 4 months when filed electronically — which every s.r.o. does, because it has a data box. With a tax advisor acting under a power of attorney, or a mandatory audit, the deadline is 6 months (§ 136 of the Tax Code).
06 When do we have to publish the first financial statements, and what happens if we do not?
The statements go into the Collection of Deeds no later than 12 months after the balance-sheet date — or, for an audited company, within 30 days of the audit and approval if that comes sooner (§ 21a(2) and (4) of the Accounting Act). A company that ignores the court's call to submit the documents can be fined up to CZK 100,000 (§ 104 of Act No. 304/2013 Coll.). Where statements are missing for at least 2 consecutive periods, the court gives the company 1 month to file them and otherwise proceeds under § 104; on repeated non-compliance it can open dissolution-with-liquidation proceedings (§ 105a and § 105).
07 What is the penalty for filing a return late?
The late-filing penalty only arises once the delay exceeds 5 working days. From then it is 0.05 % of the assessed tax per further day, capped at 5 % of the tax and at CZK 300,000 overall; a penalty below CZK 1,000 is not charged, and it is halved if you file within 30 days of the missed deadline with no other delay that year (§ 250 of the Tax Code).
08 When is the first VAT return and control statement due?
A VAT return is due within 25 days of the end of the tax period and that deadline cannot be extended (§ 136(4) of the Tax Code). An s.r.o., being a legal person, files the control statement for each calendar month, also within 25 days, even when its VAT return period is quarterly (§ 101e of the VAT Act). Penalties for a missing control statement start at CZK 1,000 and reach CZK 50,000; from CZK 10,000 up they are halved for an s.r.o. with a single shareholder who is an individual (§ 101h).
09 Do we have to report our bank account to the tax office?
When registering as a VAT payer, yes — the application lists the numbers of every account used for economic activity, and the company chooses which of them are published (§ 96 of the VAT Act); the published data then appears in the register of VAT payers (§ 98). There is a practical reason: paying into an unpublished account is one of the grounds on which the customer can end up liable for unpaid VAT (§ 109(2)). Until the company is VAT-registered, there is nothing to report.
10 What will accounting cost us in the first year?
For a non-VAT s.r.o. with no employees and low activity it is 1,990 CZK × 12 months = 23,880 CZK for the year, with the annual statements and tax-return inputs included. Add payroll setup from 990 CZK and then 490 CZK per employee per month once you hire. Full rates are on the pricing page.
11 How long do we have to keep the documents?
10 years for the financial statements and annual report, 5 years for accounting documents, books, inventory lists and the chart of accounts — counted from the end of the accounting period they relate to (§ 31(2) of the Accounting Act). Failing to retain them carries a penalty of up to 3 % of total assets, imposed by the tax office (§ 37a and § 37ab).

NEXT

Related services and guides

01

Forming a Czech s.r.o.

Full incorporation service, including registration at the tax office.

02

s.r.o. accounting prices

Prices for ongoing bookkeeping from your first month in business, from 1,990 CZK a month.

03

How to switch accountants

A safe handover plan for when you change accountants later on.

04

Identified person

When the status arises for foreign ads and software, and what you file afterwards.

05

VAT registration

The thresholds, the application window and what changes once you are registered.

CONTACT

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