5 June 2026
Accounting in the Czech Republic
Learn the main accounting rules in the Czech Republic and the services our Czech accountants offer for financial statements and other accounting matters.
If you are a foreign or local entrepreneur looking to start a company in the Czech Republic, it is best to also consider the country’s accounting rules. Below is detailed information about the key accounting services we offer to our customers. Our Czech accountants are ready to provide personalized services as soon as you get in touch with our team.
| Quick Facts | |
|---|---|
| Who requires accounting services in Czech Republic | – companies with operations in Czech Republic, – associations, – trade unions |
Applicable accounting legislation | – IFRS, – Accounting Act of 1991 |
Types of accounting services we offer | – bookkeeping, – payroll, – annual financial statements, – tax returns, – debt monitoring |
| Tax advice and compliance (YES/NO) | Yes |
| We provide support fot tax registration (YES/NO) | Yes |
| Financial planning for company owners | On request |
| Risk assessment and evaluation | On request |
| Types of audit services | – internal, – external, – financial, – statutory, – compliance, – operational |
| Tax minimization methods available | – advance tax and credit payments, – donations, – retirement plans |
| Personalized financial consultancy services | On request |
| Investment consultancy for high-net-worth individuals | On request |
| Financial and analysis reports for companies | Yes |
| Human resources services available (YES/NO) | Yes |
| Expertise provided by certified accountants (YES/NO) | Yes |
| Free case evaluation (YES/NO) | Yes |
What types of accounting services do you offer in the Czech Republic?
- Payroll,
- Bookkeeping,
- Audits,
- Preparation of annual financial statements,
- Tax advice,
- Debt monitoring and many more.
What is the applicable accounting legislation in the Czech Republic?
- Accounting Act No. 563/1991 Coll.,
- Czech Accounting Standards (CAS)
- International Financial Reporting Standards (IFRS)
- Income Tax Act (Act No. 586/1992 Coll.)
Below is an infographic with information on the accounting services we offer in the Czech Republic:
Who regulates accounting in the Czech Republic?
Ministry of Finance in the Czech Republic.
What does bookkeeping entail?
- daily financial data entry,
- recording all daily financial transactions in a company,
- maintaining the general ledger, etc.
What are payroll services in the Czech Republic?
- payroll tax calculation,
- salary calculation & distribution,
- record maintenance through dedicated platforms,
- tax compliance,
- payroll periodical reports, etc.
What are the payroll taxes in the Czech Republic?
- 15%-23% personal income tax calculated on the annual earnings,
- 7.1% social security (incl. 0.6% sickness insurance since 2024) & 4.5% health insurance paid by the employee,
- 24.8% social security & 9% health insurance paid by the employer.
NOTE! In 2026, the minimum wage in the Czech Republic is CZK 22,400.
The following video offers a short presentation on the main accounting services available in the Czech Republic:
What types of audits are available in the Czech Republic?
- financial audits,
- state & public administration audits,
- forensic audits,
- voluntary audits,
- tax audits,
- compliance audits, etc.
Do you offer support in preparing annual financial statements?
Yes, we can prepare all documentation based on:
- Balance sheets,
- Cash flow statements,
- Reports,
- Income statements,
- Notes, etc.
Does your Czech accountant make daily payments in a firm?
Yes, our accounting specialists can also manage this task according to the company’s policies, strategies, etc.
Are Certified Public Accountant (CPA) services available in your firm?
Yes, our CPA can deal with:
- independent audits for private companies,
- examine financial statements to ensure compliance,
- evaluate internal controls to prevent fraud,
- prepare income statements & balance sheets,
- optimize company profitability through various methods, etc.
Do you provide tax optimization methods?
Yes. These are some of them:
- lump-sum (flat-rate) tax for self-employed individuals (not companies) with income up to CZK 2 million/year,
- investment incentives in the R&D sector,
- retirement plans,
- credits paid in advance, etc.
Are accounting services expensive in the Czech Republic?
In the Czech Republic, the accounting services prices are established considering:
- The type of company,
- Number of employees,
- Activities, etc.
What is the financial year in the Czech Republic?
From 1 January to 31 December.
Can I ask for accounting services for more than just one firm?
Absolutely! If you have more than just one company in the Czech Republic, you can solicit our accounting services.
Do you offer tax consulting through your firm of accountants in the Czech Republic?
Sure! You may discuss all options & services with our Czech accountants as soon as you get in touch with us.
Are human resources & staff administration services available?
Yes! You can ask for onboarding services for your staff as soon as you open a company in the Czech Republic. We can cover all human resources tasks.
Are outsourced accounting services advantageous?
Yes. Here are some benefits:
- efficiency,
- better control of company data & accounting responsibilities,
- cost-effective,
- professionalism,
- a well-prepared team of accountants who use up-to-date platforms & software in the field.
We provide personalized accounting services that you can discover by contacting our firm in the Czech Republic today.