Increase in limit for VAT registration to CZK 2 million
The draft amendment to the VAT Act increases the annual turnover limit for registration as a VAT payer to CZK 2 million. This fits in with the increased limit in the amended VAT Directive of EUR 85,000 from 2025. The Czech Republic’s request to increase the limit as early as 2023, i.e., before the amendment to the EU Directive comes into force, has already been approved at the EU level
Source Danovky
