General information
In the latest interview the Finance Minister of the Czech Republic stated that EET is one of her flagships and is deeply connected to tackling the grey economy. They'll all be part of the revised Electronic Sales Registration Act 2.0, which is scheduled to take effect in January of next year. They’ll start with a voluntary registration period lasting about a month. This will give entrepreneurs a chance to get familiar with the system at their own pace, and it will also give everyone plenty of time to get ready.
The Sales Registration Act will come with a package of relief measures and benefits, because our guiding principle is to support the business community. These IT solutions need to be developed alongside everything else.
There is no means to raise taxes, but they are concentrating on ensuring that they're collected correctly and efficiently, just as they have in the past. This includes using tools like sales records and audit reports to help us achieve that goal.
Starting January 1st next year, there will be some helpful changes. Non-alcoholic drinks ordered at restaurants and cafes will have a reduced VAT rate. Additionally, any voluntary tips you leave in the service industry won't be subject to taxes or social security contributions. There will also be tax breaks for things like kindergarten fees, the standard allowance for a spouse, and support for students who are working.
Other news from Czech Republic
Czech: Getting Ready for EET 2.0 Electronic Registration
Czech Republic
Author: Ema Stamenković
To record sales, check technical equipment compatible with the EET 2.0 system, choosing the best device for your business. Sign up through DIS+ on the MY TAXES portal. Register your units and generate a cash certificate via the CA EET portal to ensure secure data transmission. A registration unit defines where sales occur, including physical establishments and online platforms. Legislative changes... Read more
Czech: EET 2.0 Explained: Payments, Records, and Business Duties
Czech Republic
Author: Ema Stamenković
Sales records encompass both cash and non-cash payments through various payment methods, including gift cards, vouchers, prepaid cards, cashless funds transfers, virtual assets, checks, and more. Certain non-cash payments don't meet the criteria for registration, particularly those made “remotely” without direct contact. Cash payments made through intermediaries, such as delivery services, aren't... Read more
Czech Republic Proposes New Sales Recording Law (EET 2.0) Effective 2027
Czech Republic
Author: Ema Stamenković
The Czech Republic's draft law on sales records reintroduces electronic sales reporting, aiming to monitor business transactions and lessen taxpayer burdens. It mandates real-time data submission to the Financial Administration, applying to both personal and corporate tax payers. A broad definition of reportable transactions includes cash, card payments, and virtual assets. Businesses must registe... Read more
Czech Republic: Current Information on the Launch of EET 2.0
Czech Republic
Author: Ema Stamenković
EET 2.0 extends EET 1.0 (no new equipment needed), covering all fields with active login. The MF app is free on various devices for on-site cashless payments. Taxpayer info is recorded, excluding purchase details. Self-employed individuals below one million CZK have options of EET 2.0 or "EET OFF." Fewer checks based on retrospective data are implemented, alongside favorable VAT changes. Tips up t... Read more
Czech Ministry of Finance Introduces EET 2.0: Most Important Characteristics
Czech Republic
Author: Ema Stamenković
EET 2.0 affects all registered entrepreneurs, excluding certain cases, promotes printed receipts on request, and uses existing devices. Launching January 2027, it aims to enhance economic integrity. EET 2.0 applies to all entrepreneurs with registered sales, except in cases where it doesn’t make sense (e.g. air transport, banking, vending machines) and for those with only occasional sales up... Read more
Czech: Main Parameters of EET 2.0
Czech Republic
Author: Ema Stamenković
EET 2.0 simplifies sales recording for entrepreneurs, offering compatibility with EET 1.0 and optional receipt printing. It requires minimal data and employs targeted analytics to reduce checks. Cash and non-cash payments are registered at the establishment. An EET OFF option exists for low-income entrepreneurs. Accompanying measures include tax breaks, VAT reduction on non-alcoholic beverages, an... Read more
CZ: Finance Minister: EET 2.0 Has Business Support, Ready After Two Years of Preparation
Czech Republic
Author: Ema Stamenković
Czech Finance Minister rejected criticisms of reintroducing electronic sales records (EET), stating the updated EET 2.0 benefits from two years of business input. Emphasizing broad coverage and modernization, she highlighted its role in addressing market disparities and strengthening fiscal oversight. Czech Finance Minister has dismissed recent criticisms of the planned reintroduction of electroni... Read more