FINANCIAL STATEMENTS & ANNUAL TAX DECLARATION
IN THE CZECH REPUBLIC
Accurate, timely annual reporting for companies operating in the Czech Republic
AMS prepares and files annual financial statements and corporate income tax returns for companies registered in the Czech Republic — ensuring full compliance with Czech accounting standards, tax law, and filing deadlines.
We manage the entire process on your behalf, from data collection to official submission confirmation.
WHAT EVERY CZECH COMPANY MUST FILE ANNUALLY
Every registered company in the Czech Republic is required to meet two annual reporting obligations — regardless of whether the company had any operations during the year:
Corporate income tax return
Corporate income tax return
Corporate income tax return (daňové přiznání k dani z příjmů právnických osob) — filed with the Tax Office (Finanční úřad).
The corporate income tax return is submitted to the Czech Tax Office and reports the company’s taxable income, deductible expenses, tax base, and final corporate income tax liability for the financial year. It must be filed by every Czech company, including inactive or dormant companies, even if no business activity was carried out during the period.
AMS prepares the return based on your accounting records and ensures it is filed correctly and on time.
Annual financial statements (účetní závěrka)
Annual financial statements (účetní závěrka)
Annual financial statements (účetní závěrka) — submitted and published in the Czech Commercial Register (Sbírka listin obchodního rejstříku).
Annual financial statements are prepared at the end of each financial year and provide a formal overview of the company’s financial position, assets, liabilities, profit or loss, and accounting results. In the Czech Republic, they must be approved and submitted to the Czech Commercial Register for publication in the Collection of Deeds.
AMS prepares the statements in line with Czech accounting rules and ensures they are properly filed and published within the required deadlines.
WHY WORK WITH AMS FOR ANNUAL REPORTING
Compliance guaranteed
All filings are prepared in full accordance with Czech law, Czech Accounting Standards (ČÚS), and IFRS where applicable — ensuring acceptance by the Tax Office and Commercial Register.
Deadlines always met
We monitor filing deadlines and manage the full submission process — so you never face late filing penalties or missed obligations.
International focus
We provide tailored support for foreign-owned companies and multinational structures — with clear communication in Russian, Czech, and English throughout the process.
Audit-ready documentation
We prepare financial statements to a standard that is trusted by regulators, banks, investors, and auditors — supporting financing, licensing, and public tender processes.
AMS ANNUAL REPORTING — SERVICE
Tax Declarations & Financial Reporting
End-to-end preparation and submission of annual financial statements and corporate income tax returns — fully compliant and filed on time.
Includes:
- Preparation of the corporate income tax return and annual financial statements in line with Czech tax law and accounting standards (ČÚS or IFRS)
- Submission to the Tax Office via Finanční správa portal and to the Czech
- Commercial Register — with official confirmation of filing
- Acting as your representative in all dealings with Czech tax authorities
- Audit coordination and advisory where legally required or commercially beneficial
WHAT ANNUAL FINANCIAL STATEMENTS INCLUDE
A standard Czech annual financial statement contains three components:
Balance sheet (rozvaha)
Statement of assets and liabilities as at the reporting date.
Profit and loss account (výkaz zisků a ztrát)
Income statement showing revenues, expenses, and the financial result for the year.
Explanatory notes (příloha účetní závěrky)
Notes and annexes providing context and additional disclosures required under Czech Accounting Standards or IFRS.
Once prepared and approved, the documents are filed in the Commercial Register and become accessible to regulators, banks, investors, and other stakeholders.
AUDIT REQUIREMENTS
Statutory audits apply to medium and large companies meeting at least two of the following three conditions:
- Total assets exceeding CZK 120 million
- Annual turnover above CZK 240 million
- Workforce of more than 50 employees
For smaller entities, an audit is voluntary. However, audited financial statements increase credibility with lenders, partners, and investors — and many companies opt for an audit for this reason.
AMS prepares your accounts to professional standards, liaises with auditors, and manages the audit process from start to finish where required.
OTHER ACCOUNTING SERVICES
Financial statements and annual reporting are one part of a full accounting offering.
AMS provides the complete range of accounting services for businesses operating in the Czech Republic.
Outsourced Accounting
Full-cycle bookkeeping and accounting on an outsourced basis — keeping your records accurate, compliant, and audit-ready throughout the year.
Cryptocurrency Accounting
Specialist accounting for crypto asset transactions — aligned with Czech accounting standards and applicable tax treatment for digital assets.
Payroll Services and HR
End-to-end payroll administration, including employment onboarding, monthly payroll processing, statutory filings, and HR compliance support.
Financial Audit
Support and coordination for statutory and voluntary financial audits — from preparation and auditor liaison to final sign-off.
Financial Consulting
Advisory on financial structure, reporting requirements, and strategic financial decisions — tailored to your business model and growth objectives.
READY TO FILE ON TIME AND IN FULL?
AMS prepares and files annual financial statements and tax returns for companies across the Czech Republic — accurately, on time, and with full official confirmation of submission.
Share your company details and reporting requirements — we’ll outline the scope and next steps.
FAQ
Who is required to submit an annual tax return in the Czech Republic?
Every company registered in the Czech Republic is required to file a corporate income tax return — including companies with no operations during the year. Inactive or dormant companies must file a zero tax return together with simplified financial statements. Failure to file can result in penalties, reputational damage, or court-ordered dissolution.
What are the deadlines for corporate tax returns and financial statements?
The standard deadline for filing a corporate income tax return is three months after the end of the financial year — typically 1 April for companies with a calendar year end. This deadline can be extended to six months if the return is filed by a registered tax advisor. Annual financial statements must be submitted to the Commercial Register within 30 days of their approval by the shareholders, and no later than 12 months after the end of the financial year.
Are annual financial statements public documents?
Yes. Once filed in the Czech Commercial Register, financial statements are publicly accessible — to regulators, banks, investors, partners, and any other interested party. This makes accurate and timely filing important not only for legal compliance but also for your company’s credibility and reputation.
What happens if a company does not file?
Non-filing or late filing can result in financial penalties from the Tax Office, reputational damage, difficulties with banking and licensing, and in serious cases, court-ordered dissolution of the company. AMS monitors all relevant deadlines and manages the full filing process to ensure this never happens.
Can foreign-owned companies file remotely?
Yes. AMS manages the entire filing process on your behalf — including data collection, preparation, submission, and delivery of official confirmation. Physical presence in the Czech Republic is not required. We work with foreign-owned companies and multinational structures as a standard part of our practice.
In which language must reports be submitted?
All financial statements and tax returns must be prepared and submitted in Czech. AMS handles all documentation in Czech and provides summaries or translations in English or Russian for your internal use where needed.