Withholding Tax Change

Change Exemption from withholding tax possible !

As of January 1 there exist the possibility to have an exemption from withholding tax.
In order to obtain the exemption the following criteria must be met:
For the Payer:
– commercial company or cooperative
– tax residence in ČR of the payer
For the Receiver of fees:
– receiver of the fee is tax resident of some of EU state, Switzerland, Norland or Island
– the receiver is mother of sister company of the Payer at least 24 months, holding mininum 25
% of company shares
– commercial company
auditor-eu Corp. organizační složka
Registered address: Mezibranská 4, 110 00 Prague 1, Czech Republic, registration no.: 28874323, tax no.: CZ28874323
Tel: +420-226 235 994, Mbl: +420-605 211 609, E-mail: info@auditoreu.cz, www.auditoreu.cz
Prague Commercial Court registration - Section A, Entry 66002
– the beneficial owner of the fees (that means that these fees are not transfered to other
company)
– do not charge these fees to the any branch in ČR or any other third country
NEEDed documents:
– confirmation of tax residence of the Receiver
– confirmation, that the Receiver is the Beneficial owner of the fees
– confirmation from the Financial Office of the Receiver regarding the fact, that these revenues
are liable to tax in the country of the Receiver
– confirmation from Company Register regarding company legal entity
– copy of the aggrement confirming the entitlement of the fees
ALL authorized translated to Czech language
Once the documents are collected they can be submitted to the local financial office.
The Financial office has up to 3 months to grant the exceptions.