“In this world nothing is certain but death and taxes.” – Benjamin Franklin

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Under Czech law, if an individual owner is collecting rent from the rental of a Czech property, they must file a tax return in Czech Republic.

This is also the case for those who own their property through a Czech company or SRO.

In both cases a tax return must be filed even if there was no net profit. Losses can be carried forward to offset income in a future tax year.

There is a double-taxation agreement between Czech Republic and the UK or other EU countries which would prevent you from paying taxes in another country.
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Here are the upcoming tax deadlines for the 2009 tax year:

Property Tax Registration: January 31, 2010
(required for all properties where a new owner was registered in the Land Registry in 2009)

Individual Income Tax: March 31, 2010

Corporate Income Tax: March 31, 2010
(if power-of-attorney has been given to a registered tax advisor such as ours this date is extended to June 30, 2010.)
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We are happy to offer the following services for our clients directly from our internal accounting team:

Property Tax Registration: 1500 CZK + VAT
(we would complete and submit the application to the appropriate Financial Office with power of attorney)

Property Tax Registration form: Free
(please email us and we will send you the correct application free of charge: accounting@czechpoint101.com)

Rates for our existing Property Management clients:
(in CZK and without VAT)

Income Tax Processing and Filing – Individual:
1st Property – 5250 | 2nd Property – 2500 | Additional Properties – 1750 ea.

Income Tax Processing and Filing – Corporate:
1st Property – 7500 | 2nd Property – 2950 | Additional Properties – 2250 ea.

Rates for clients who are not our Property Management clients:
(in CZK and without VAT)

Income Tax Processing and Filing – Individual:
1st Property – 7250 | 2nd Property – 3500 | Additional Properties – 2750 ea.

Income Tax Processing and Filing – Corporate:
1st Property – 8500 | 2nd Property – 3950 | Additional Properties – 2750 ea.

Discount for Property Secrets Members:

If you would like to use CP101 to register your property! Email here or call 0115 9853963 before January 15th 2010 and get ahead of your tax deadline for HALF PRICE!

Nathan Brown (Czech Point 101) www.czechpoint101.com