Standardsite

VAT management

Value added tax is a very complex area which deserves much attention of every company being VAT registered in a country.

In the Czech Republic, VAT registered company is eligible to take advantage of an import VAT deferral system under which import VAT is not paid to Customs at the time of importation but is only reported through the VAT return. As VAT liability and VAT reclaim are declared in the same VAT return, import VAT is not a cash flow cost.

ECS experts are more than happy to assist you within the following key areas:

Registration of your company for VAT in the Czech Republic

Completion and processing of your regular VAT return

Preparation of Intrastat reporting, as well as EC Sales List