Doing taxes in Prague is not an easy task, especially when you don't speak Czech. I have been a client of Taxelent since 2020 and I'm happy to know that my business is in the good hands. Their professional team has helped me grow my business and be compliant with Czech laws.
Sofia Romanovska Nail House Group
Working with Taxelent has been a great experience from day one. They really take the time to understand your business and it shows. Their advice is smart, clear, and actually useful. They’re quick to respond and always willing to help. I feel confident knowing they’ve got my finances covered.
Amanda Mataija Prague Integration
What makes a great accounting company and service - is that they make you forget about the accounting - so you can relax and do your business with no worries. Liz, the owner is excellent, smart, sharp and out of box thinker who can significantly take care of your accounting in the most efficient way.
Jessica Reddy Feisty Health Club
As a CEO of Feisty I have to say that Taxelent has been superb in helping us get our startup off the ground. They’re not just an accounting company – the service feels genuinely personalised. Extremely professional and trustworthy - I highly recommend Taxelent for expats looking for English-speaking support.
What you get
Total visibility over your finances
Dedicated accounting team
Our experienced accountants are always here to support you - ready to answer your questions, clarify complex financial matters, and guide you every step of the way.
Continuous bookkeeping
It starts with bookkeeping. We maintain accurate financial records and ensure every transaction is properly matched and reconciled.
Stress-free tax season
Leave the tax, deadlines and filing with the Tax authority to us. We’ll make sure you pay the right tax and stay compliant.
Easy to read financial statements
Financial statements help you stay on top of your money - no guesswork, no confusion. You’ll always know exactly where you stand, so you're never left in the dark.
Pricing
Plans to suit your business needs
Switching to Taxelent is simple.
We’ll coordinate directly with your previous accountant to gather all necessary information and seamlessly transfer your accounting data. Transitioning to Taxelent is effortless.
Start of cooperation
step
1
We conduct a discovery session to analyze your needs and your current accounting, so we can set up a cooperation that is tailored to you.
step
2
You choose a pricing plan that corresponds to the volume of your business.
step
3
We set a start date and communicate with your previous accountant to ensure handover of documentation.
step
4
Together we set up document handover, reporting and other necessary processes.
step
5
We establish how routine communication will be managed and determine the responsible parties on both sides and you’re good to go!
A Free Guide: Small Business Accounting 101.
Get to know the essentials of small business accounting and take control of your financial future.
What accounting is required for a Czech LLC (s.r.o.)?
A Czech LLC (s.r.o.) must use double-entry accounting, prepare annual financial statements, and file a corporate income tax return. Proper bookkeeping is required by law and helps manage your business effectively.
When does an LLC need to register for VAT?
VAT registration is mandatory if your revenue exceeds CZK 2 million within the calendar year. Voluntary registration is also possible. Once registered, you must file VAT returns and control statements regularly.
What tax reports does a Czech LLC need to file?
Typical filings include corporate income tax, VAT (if registered), payroll reports (if you have employees), and possibly Intrastat (if dealing with EU trade over certain thresholds), property tax returns (when buying real estate). Timely submission is essential to avoid fines.
Can LLC owners withdraw money freely?
No. Owners must follow legal rules – taking funds as salary, dividends, or loans, with proper documentation. Random withdrawals can lead to tax penalties.
Why outsource your accounting?
Local tax laws are complex and frequently change. A qualified accountant ensures compliance, avoids costly mistakes, and helps you save on taxes.
Can I switch to Taxelent from another accounting firm?
Yes, switching to Taxelent is easy. We handle the entire process for you – contacting your current accountant, collecting your financial records, and reviewing everything to ensure compliance. We’ll migrate your data, check key reports, and make sure nothing is missed. From there, we provide ongoing guidance on tax-saving opportunities, so you can stay efficient and focused on growing your business. Start now.
