Entrepreneurs doing business
30 December

The government has approved the renewal of the compensation bonus for closed businesses

The compensation bonus will follow the proven model from the spring months of this year (for self-employed, small s.r.o. companies and part-timers on DPP or DPČ). For each day of closing the establishment or direct impossibility or restriction of business, the Financial Administration will pay CZK 500 per day. Applicants among self-employed and small s.r.o. companies with a maximum of two partners will be able to easily apply for a compensation bonus at the locally competent Tax Office by filling out a simple form.

HOW DOES SELF-EMPLOYMENT IN THE CZECH REPUBLIC WORK? Part two: Advances on social and health insurance
23 September

HOW DOES SELF-EMPLOYMENT IN THE CZECH REPUBLIC WORK? Part two: Advances on social and health insurance

Self-employed persons (OSVČ) are obliged to pay advances for social and health insurance. During the first year of business, only the minimum amount of advances is paid. In the following years of business, the amount of the monthly advance is based on the profit achieved last year and is calculated in the Statements of Income and Expenditures (Přehledů o příjmech a výdajích) that all self-employed persons must deliver annually to their health insurance company and the relevant Czech Social Security Administration.

Like most websites, Expat Centre Prague uses cookies to ensure that we give you the best experience. These cookies are completely safe and secure and will never contain any sensitive information.

Learn more

Got it!Allow only necessary cookies