Accounting services in the Czech Republic
We help companies meet their financial and reporting obligations through accurate records, lower risk and better-informed decisions.
AMS provides accounting services in the Czech Republic to companies at every stage of operation: bookkeeping, payroll and VAT filings are handled by one dedicated team
We manage the full accounting cycle for an s.r.o.: source documents, ledgers maintained under Czech accounting standards, VAT returns and control statements, payroll and HR administration, year-end closing, annual financial statements and filing with the Commercial Register.
Outsourced accounting is provided for a fixed monthly fee. The amount depends on document volume, headcount and VAT status.
Each client works with a dedicated accountant who understands the business, its counterparties and its filing calendar. Day-to-day communication is available in English, Czech, Russian or Ukrainian, while statutory filings and official correspondence are handled in Czech. Our team is based in Prague — our guide to bookkeeping in Prague covers the local service scope and pricing.
Key areas of accounting support
in the Czech Republic
Full-Service Accounting
End-to-end bookkeeping for an s.r.o. under Czech accounting standards — from source documents and ledgers to VAT returns and control statements — for a fixed monthly fee.
MORECryptocurrency Accounting
Accounting for crypto businesses and CASP license holders: digital asset transactions, valuations, exchange fees and regulatory reporting.
MOREAnnual Financial Statements
Year-end financial statements, the corporate income tax return and filing in the Collection of Deeds — completed within the statutory deadlines.
MOREFinancial Consulting
Analysis of your cost structure, assessment of the tax implications of planned transactions, and preparation of financial data for owners, banks and investors.
MOREStatutory Audit Services
Statutory audits for companies that meet the relevant size thresholds or are subject to audit under other legislation.
MOREHR & Payroll Support
Payroll processing, social and health insurance contributions, monthly employer reporting and HR documentation.
MOREWhat kind of accounting support does your company need?
A new s.r.o. with no activity
- basic bookkeeping
- nil returns
- correct closing of the first accounting period
This is usually the lowest-cost service level.
A company with employees
- employer registration
- payroll
- social and health insurance contributions
- monthly employer reporting
Payroll and employer reporting require particularly strict deadline management.
A VAT payer with EU transactions
- monthly VAT returns
- control statements
- EC Sales Lists for relevant EU transactions
The tax office cross-checks this data against your counterparties’ returns, so a single inconsistency may trigger a formal query.
Crypto & IT
- digital asset valuation
- transaction fees
- exchange differences
- place of supply for VAT purposes
These operations require a dedicated accounting methodology and cannot be handled using standard assumptions.
What accounting for an s.r.o. includes
Accounting involves more than processing invoices and posting entries. It also covers regular reporting, payroll, year-end closing and communication with the Czech authorities.
Every month
- processing invoices, bank statements and other source documents;
- posting entries in line with Czech accounting standards;
- the VAT return (přiznání k DPH) and control statement (kontrolní hlášení) — due by the 25th of the following month;
- payroll, taxes and social and health insurance contributions;
- monthly employer reporting — due by the 20th of the following month;
- the EC Sales List (souhrnné hlášení) where required for EU transactions.
Legal entities file the control statement every month, even if their VAT return is filed quarterly. From 2026, one consolidated monthly employer report replaces several separate filings. Reports to health insurance companies are still filed separately.
Every quarter
- the VAT return for quarterly payers — due by the 25th of the month after the quarter ends;
- the EC Sales List where quarterly filing applies;
- corporate income tax prepayments where the company is required to make them;
- reconciliation of accounts, receivables, payables and outstanding documents.
Quarterly reconciliation helps identify discrepancies before the year-end close.
Once a year
- an inventory of assets and liabilities and the closing of the accounting period;
- preparation of the annual financial statements (účetní závěrka);
- the corporate income tax return;
- filing the statements in the Collection of Deeds (Sbírka listin) of the Commercial Register.
Depending on the filing method and whether a statutory audit or tax advisor is involved, the corporate income tax return is due within three, four or six months after the end of the tax period.
Queries and inspections
Official correspondence from the tax office is delivered to the company’s data box (datová schránka). Response periods run from the date of legal delivery, not from the date the message is actually read.
What we do:
- monitor incoming messages and response deadlines;
- prepare replies and supporting documents;
- handle correspondence with the authorities in Czech;
- explain the purpose of the request and the required next steps.
Let AMS manage your accounting
A dedicated accountant keeps your books, monitors statutory deadlines and requests the necessary documents in advance. The monthly fee is agreed up front and reflects your transaction volume and the scope of work.
Get a quoteWho is responsible for your company’s accounting?
A dedicated accountant
One named specialist manages your books and understands your transaction patterns, counterparties and business requirements, ensuring continuity across all communications.
Deadline and filing control
We maintain the statutory filing calendar, request documents in advance and ensure that returns, reports and payments are prepared on schedule.
Support in four languages
Our Prague team communicates directly with the Czech tax office, the Czech Social Security Administration and other authorities. Statutory filings and official correspondence are handled in Czech, while client communication is available in English, Czech, Russian and Ukrainian.
How to switch from your current accountant
Initial review
Send us your most recently filed financial statements and three months of VAT data. This allows us to define the scope of work, provide a fixed quote and identify potential issues before the transition.
Handover of records and access
We agree on the transition date and arrange the necessary powers of attorney and access to the company’s data box. Accounting records belong to the company, not the accountant. If the previous accountant does not release them, we manage the formal handover process and, where necessary, reconstruct the books from bank statements and information held by the authorities.
Takeover and first-month review
We take over the opening balances and outstanding items and reconcile them against the filed returns. During the first month, we perform an additional review of all transactions to identify discrepancies before the year-end close.
Ongoing accounting cycle
The accounting process then follows a defined calendar: monthly filings, quarterly reconciliations and year-end closing. You receive a report covering what has been filed and paid, while requests for documents are sent in advance.
A free review of your books before you switch
Before switching accountants, it is important to understand the current state of the company’s records. Send us your latest annual financial statements and three months of VAT data. We will review the filings, identify any matters that may require clarification from the tax office and provide a fixed monthly quote. The review is free and involves no obligation to switch. If no issues are identified, we will confirm this clearly.
Questions about accounting services
How much do accounting services cost in the Czech Republic?
The fixed monthly fee starts at €300. The amount depends on document volume, headcount and VAT registration. Audits, consulting and one-off projects are billed separately. For market context, read our guide on how to choose an accounting firm in the Czech Republic.
Can we hand over our accounting mid-year?
Yes. You can switch in any month. We take over the opening balances and outstanding items from the beginning of the accounting period and reconcile them against the returns already filed. Because each VAT period is filed separately, switching accountants mid-year does not create a gap in reporting.
What if our previous accountant will not hand over the documents?
The records belong to the company and must be released at the managing director’s request. If they are not released, we can reconstruct the books from bank statements, tax office data and previously filed returns. Reconstructing the records takes longer and costs more than a standard handover, but the transition can still be completed.
Does an s.r.o. have to be audited?
For accounting periods beginning on or after 1 January 2026, only medium-sized and large entities are subject to statutory audit. A small s.r.o. — with assets of up to CZK 120 million, turnover of up to CZK 240 million and up to 50 employees — is exempt unless another law requires it. The category changes when the company exceeds two of the three thresholds in two consecutive periods. Annual financial statements must still be filed in the usual way in either case.
Who signs the filings and who is liable for mistakes?
Returns are submitted in the company’s name and authorized by the managing director. We prepare and file them under a power of attorney through the company’s data box. Within the agreed scope of services, we are responsible for the accuracy of calculations and compliance with the applicable filing deadlines.
Do you provide an English-speaking accountant?
Yes. Every client can work with an English-speaking accountant. Communication, explanations and internal reports are available in English, Czech, Russian or Ukrainian. Statutory filings and correspondence with the Czech authorities are handled in Czech. Translation and explanation of official documents are included in the service.