Conditions for using the small business scheme
The turnover in the European Union (i.e. in all Member States together + domestically) did not exceed EUR 100,000 in the relevant or immediately preceding calendar year.
The turnover in the Member State of exemption (i.e. the state in which we want to use the small business scheme) did not exceed the threshold for legal registration.
The exempting state may determine its own additional conditions - in the Czech Republic, a group, a group member, and a person registered for the import regime under the OSS cannot use the small business regime.
A person registered in the small business regime must submit quarterly electronic notifications of transactions usa phone number data carried out in the Czech Republic and other Member States - broken down by individual country.
The most significant change in the area of VAT is the new assessment of the threshold for statutory VAT registration . According to the current regulation , a taxable person becomes a VAT payer after exceeding the turnover of CZK 2 million for 12 consecutive calendar months . He becomes a payer from the first day of the second month following the month in which the turnover is exceeded .
The new limit of 2 million CZK would be assessed per calendar year . If a taxable person exceeds the limit of 2 million CZK per calendar year, he will become a payer from 1 January of the following year . At the same time, a second condition has been added that must be followed. The turnover amount is 2,536,500 CZK . If a taxable person exceeds this second limit, he will become a VAT payer on the day following the day this amount is exceeded.
After exceeding the turnover limit of CZK 2 million per calendar year, the taxable person can voluntarily decide to be a payer from the day following the turnover exceedance . That is, he will not wait until the end of the calendar year and follow the second limit of CZK 2,536,500.
Example
Mr. Novák is a Czech taxable person.
On October 29, 2024, turnover will exceed CZK 2 million for 12 consecutive calendar months.
Until 31 December 2024, turnover will not exceed CZK 2 million for 12 consecutive calendar months. Turnover for the calendar year 2025.