Czech Republic VAT invoice requirements
Date of issuance and storage of Czech invoices
Czech VAT invoices must be issued within fifteen days following the tax point. Invoices must be stored for ten years. The Czech Republic, like all EU member states, now permits the use of electronic invoices under certain conditions. The Czech tax authorities must be informed of the method and location of the invoice storage.
Czech invoice requirements
Invoices must contain at least the following information:
- Date of issuance
- A unique, sequential number
- VAT number of the supplier and customer
- Full name and address of the supplier and customer
- Full description of the goods or services provided
- Details of quantities of goods, if applicable
- A date of the supply if different from the invoice date
- Unit price and any discount if the discount is not included in the unit price
- The net, taxable value of the supply
- The VAT rate applied, and the amount of VAT (shown in CZK)
- Details to support zero VAT – export, reverse charge or intra-community supply
- Reference to any special scheme e.g. travel agents’ margin scheme, second-hand goods, art or antiques schemes.
- The total, gross value of the invoice
For invoices below CCK 10,000, the following information only is required:
- date of invoice
- VAT number of the supplier
- description of goods or services
- VAT amount charged
Latest Czech news
February 21, 2019
The Czech Republic is moving to launch the fourth phase of roll out of live electronic reporting of retail cash and credit card payments by consumers in person or online.
January 26, 2019
The Czech Republic has become the first EU member state to request to apply the generalised reverse charge mechanism (GRCM) on domestic supplies. Its Ministry of Finance said it will look to introduce the measure in July 2020 if approved by the European Commission.
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.
- Czech Republic
- United Kingdom