# A dedicated business bank account for freelancers and companies in the Czech Republic An IBAN, a debit card, and instant transfers, all connected to your bookkeeping from day one. [Contact us](#contact) Podnikio 0512 Podnikio 0512 ## A business account built for you Whether you trade as a self-employed OSVČ or run a limited company (s.r.o.), you get a dedicated IBAN and debit card in your business's name. Every transaction flows straight into your bookkeeping, so nothing needs re-entering by hand. * A debit card, physical and virtual Issued in your business's name, ready to spend with from day one. * An IBAN that's yours A dedicated account number in your business's name. * Multi-currency, built in Hold and convert multiple currencies without needing a separate provider. * Instant transfers Send and receive money instantly. * Opened entirely online Start and finish the application from your laptop. * Bank-grade security Regulated and safeguarded, with the same protections a standard bank account carries. ## How it works Fully online from application to a live IBAN. 1. 1 Tell us about your business Freelancer or company, new or already trading — we tailor the application to your situation. 2. 2 We verify you, remotely Upload your ID and a few business details. Verification happens online. 3. 3 Your IBAN goes live An account number in your business's name, plus a debit card on the way to you. 4. 4 Spend, send, and get paid Pay suppliers, get paid by clients, and have it all reconcile automatically with your bookkeeping. ## Czech Republic The Czech koruna remains the local currency, but a EU and Schengen membership means SEPA transfers move freely across the continent. Czech koruna (CZK) account, with holding in other currencies availableSEPA transfers across the EUBuilt for Prague's large, established international freelancer community Czech Republic •••• •••• •••• 4471 Cardholder Podnikio Expires 12/28 ## Both local and expat friendly Whether you've lived in Czech Republic for years or just arriving as a foreigner, freelancer, or digital nomad - opening an account works the same clear way, in English if that's what you need. English-speaking, every step The application, the verification, and support along the way — all in plain English. Any nationality, EU or not We work with EU citizens, non-EU foreigners, and everyone in between. Opened fully remotely Start and finish the application from your laptop. Built for freelancers & small companies Designed around the needs of freelancers, digital nomads, and small companies. ## Accounting built-in Built-in accounting features to streamline your financial management. [See accounting for Czech Republic](/en/services/czechia/accounting) ## Understand Czech Republic in human English [2026-08-06How to Register Temporary Residence in Czech Republic as EU citizenStep-by-step guide to registering temporary residence (přechodný pobyt) in Czech Republic as an EU freelancer — what you need, where to go, and in what order.For EU citizens, the **registration certificate** (_osvědčení o registraci_, often still called _přechodný pobyt_) is voluntary, not a condition of lawful residence. EU free-movement rights already allow you to live and work in Czechia, subject to the normal conditions for stays longer than three months. The certificate is nevertheless useful evidence of your Czech residence.This article covers when you need it, what it unlocks, and the exact steps to get one.Do not confuse the voluntary certificate with the separate duty to report your place of stay to the Foreign Police. An EU citizen generally must report within 30 days when the intended stay exceeds 30 days, unless an accommodation provider has already done so.](/en/blog/czech-republic/prechodni-pobyt-freelancer-2026)[Main takeaways](#main-takeaways) ## [Who this applies to](#who-this-applies-to) This guide is for **EU/EEA and Swiss citizens relocating to Czechia** who intend to operate as self-employed (OSVČ). Non-EU citizens use different visa or residence routes depending on nationality, family status, and purpose of stay; those routes are outside this guide. ## [Why get it if it is voluntary](#why-get-it-if-it-is-voluntary) The certificate is voluntary because an EU citizen does not need it as permission to reside. In practice it can simplify dealings with Czech institutions. During the application procedure, the Ministry also requests a _rodné číslo_ for applicants who do not already have one. Without a registration certificate or other strong proof of residence, you may run into friction with: * Vehicle registration * Bank loans and credit applications * Any administrative process that asks for proof of residence beyond a utility bill Getting the certificate early removes these obstacles before they appear. Another practical example is black swan situations like a pandemic. When countries locked down their borders for the first time, having a residence permit was the only way to get back home — and it was actually my reason for applying for it after a long time of living in the Czech Republic. So even if you don't need it in theory, I definitely recommend getting it as soon as possible after your arrival. ## [How it works](#how-it-works) You apply for the přechodný pobyt certificate at any Ministry of Interior office (_Ministerstvo vnitra_) near your residence. You need proof of accommodation, proof of health insurance, and a reason for staying — for freelancers, that is your trade licence. ## [Step-by-step process](#step-by-step-process) ### [1\. Secure accommodation and get a rental contract](#%5F1-secure-accommodation-and-get-a-rental-contract) You cannot register without a Czech address. If you are renting, get a standard rental contract (_nájemní smlouva_) that shows the full address, both names, and the rental period. This is the document that proves your address at the Ministry of Interior. If you are staying with someone rather than renting, they can provide a written declaration of accommodation (_čestné prohlášení o ubytování_). A rental contract is simpler and more universally accepted. ### [2\. Get your trade licence (živnostenský list)](#%5F2-get-your-trade-licence-živnostenský-list) The Ministry of Interior asks for proof of your reason for staying. For freelancers, a trade licence (_živnostenský list_) is the clearest document for this — it proves you have an economic purpose for the residence. The trade licence is obtained at any Trade Licensing Office (_živnostenský úřad_). Most IT freelancers and consultants register under a free trade (_volná živnost_), which requires no specific qualifications. The standard administrative fee is 1,000 CZK, and processing takes up to 5 business days (often the same day for free trades). Documents needed: * Valid ID or passport * Completed application form * For an EU citizen, the required criminal-record extract or equivalent; foreign documents may need translation and must meet the age rule * Evidence of the right to use the registered-office premises where the statute requires it * Evidence of professional competence for a craft, tied, or licensed trade; an ordinary free trade does not require it * 1,000 CZK fee The trade notification can also be handled electronically where you have an accepted electronic channel. A Czech registration certificate is **not** a prerequisite for a data box: data boxes are created automatically for entrepreneurs entered in the relevant registers, and other eligible users can request one separately. The Trade Licensing Office also serves as a **Centrální registrační místo** (central registration point). When applying in person, you can notify your health insurance company and the Czech Social Security Administration in the same visit — instead of visiting each office separately. Ask the clerk about this when you arrive. ### [3\. Register for health and social insurance](#%5F3-register-for-health-and-social-insurance) As soon as you start the activity, complete the applicable insurance notifications. * **Health insurance company** (_zdravotní pojišťovna_) — register within 8 days of starting your trade. VZP is the largest public insurer and most widely accepted. Keep your confirmation — you will need proof of health insurance for the next step. Note: your European Health Insurance Card (EHIC) only covers urgent and emergency care in Czech Republic. For regular and preventive doctor visits you need active enrolment in the Czech public health insurance system, which this step provides. * **Czech Social Security Administration** (_ČSSZ_) — register as self-employed within 15 days of starting your trade. **Important if you were previously insured in another EU country:** EU rules do not allow simultaneous registration in two countries' health or social insurance systems. After registering in Czech Republic, notify your home country's insurer and social security office that you are leaving and deregister there. Failing to do so means you will be paying into two systems at once, which is neither legal nor reimbursable. **New to being self-employed?** As a main-activity OSVČ starting for the first time — or restarting after 20+ calendar years without OSVČ activity — you likely qualify for a reduced social-insurance minimum base (25% of the average wage instead of the standard 35%) for your start year and the next two calendar years. See the [insurance minimum & maximum bases FAQ](/en/blog/czech-republic/faq-osvc-insurance-min-max-base-2026) for the exact figures and when it stops mattering. ### [4\. Apply for the registration certificate](#%5F4-apply-for-the-registration-certificate) Once you have suitable proof of accommodation, submit the application to the Ministry of Interior. You may apply in person, by post, by data box, by email with a recognised electronic signature, or through an authorised representative. If you submit a copy of your travel document by post, you present the original when collecting the certificate. Documents needed: * Valid ID card or passport * One current photograph * Proof of accommodation (rental contract) * Proof of health insurance only if the stated purpose is study, family, or “other” * Original proof of the family relationship where the family-purpose rules require it **Important document rules:** * Documents must meet the Ministry's formal requirements; use the 180-day age limit where the specific document rules impose it * Foreign-language documents generally need an official Czech translation unless a statutory exception or accepted multilingual EU form applies The administrative fee is **200 CZK**, payable by bank transfer or by card at a Ministry office. The statutory processing period is 30 days, excluding periods when proceedings are formally suspended. The certificate is valid for 10 years. At this stage you are fully registered and legally operating as an OSVČ in Czech Republic. ## [How long does the whole process take?](#how-long-does-the-whole-process-take) | Step | Where | Time | | ---------------------------------------- | ------------------------------------------ | ----------------- | | Rental contract | Landlord | 1–7 days | | Trade licence | Trade Licensing Office | 1–5 business days | | Health and social insurance registration | Two offices (or one via živnostenský úřad) | 1–2 days | | Registration certificate | Ministry of Interior | Up to 30 days | **Total realistic timeline from arrival to fully registered: 5–6 weeks**, mostly determined by the Ministry of Interior processing time. ## [Practical notes](#practical-notes) **Check each document's formal requirements.** Some foreign-residence documents are subject to a 180-day age limit, while identity and civil-status documents have different rules. Check the Ministry's current requirement for each attachment. **Check translation and authentication rules in advance.** Foreign-language documents generally require an official Czech translation, subject to exceptions such as accepted multilingual EU forms; some public documents also need the prescribed authentication. **The certificate itself is not a valid proof of identity.** Carry your passport or ID card alongside it. The certificate is only proof of residence for the person to whom it was issued, but it is not a substitute for a valid ID document. You must carry your passport or ID card at all times to prove that you are that person. **After expiry.** The 10-year certificate cannot be renewed or extended. Submit a new registration-certificate application, or apply for permanent residence if you qualify. **We handle all of this for you.** [Podnikio](https://www.podnik.io) manages the full setup end-to-end: trade licence registration, health and social insurance registrations, guidance through the residence application process, and ongoing accounting. If you would rather focus on your work than navigate Czech bureaucracy in a foreign language, this is what we are for. ## [Contact us](#contact-us) If you have questions about relocating to Czech Republic or want help with the registration process, feel free to reach out. We offer a free initial consultation to help you understand the steps and make sure you do not miss anything. Read More → [2026-08-06Real Expenses Taxation for Freelancers in 20262026 guide to Czech real expenses taxation for OSVČ freelancers: how it works, when it beats recognized expenses, and record-keeping rules.This is one of four detailed guides on Czech freelancer taxation. See the ](/en/blog/czech-republic/real-expenses-taxation-2026)[overview article](/en/blog/czech-republic/tax-heaven-for-freelancers-2026) for a comparison of all methods. ## [Main takeaways](#main-takeaways) ## [What it is](#what-it-is) The real expenses method is the default taxation mode for self-employed individuals (OSVČ) in the Czech Republic. You deduct your **actual, documented business costs** from gross income, and pay tax on what remains. It works exactly like a standard business profit calculation: income minus costs equals the taxable base. Expenses must satisfy the statutory business-purpose and documentation rules; some categories are limited or excluded even when they feel business-related. You must keep the supporting receipts, invoices, and records and be able to justify every deduction if audited. ## [How the calculation works](#how-the-calculation-works) **Step 1 — Taxable income (základ daně)** Subtract your real business expenses from gross income. The result is your tax base, rounded down to the nearest 100 CZK. **Step 2 — Income tax** Apply progressive income tax: * **15%** on the portion up to 1,762,812 CZK (36× the average wage) * **23%** on anything above that Then subtract the **personal tax credit (sleva na poplatníka) of 30,840 CZK** from the result. This credit directly reduces the tax owed; if it exceeds your tax bill the tax becomes zero (no refund is possible unfortunatelly :)). **Step 3 — Health insurance** 13.5% on 50% of your tax base. A minimum base applies: your assessment base cannot be lower than 293,802 CZK for 2026 (regardless of how low your declared income is). Minimum annual health contribution: **39,664 CZK**. **Step 4 — Social insurance** 29.2% on 55% of your tax base, subject to: * Minimum base: 205,668 CZK/year → minimum annual contribution: **60,056 CZK** * Maximum base: 2,350,416 CZK/year → maximum annual contribution: **686,322 CZK** This standard minimum is for an established OSVČ. A main-activity OSVČ starting self-employment for the first time — or restarting after 20+ calendar years without OSVČ activity — uses a reduced 25%-of-average-wage social minimum instead, for the start year and the next two calendar years. See the [insurance minimum & maximum bases FAQ](/en/blog/czech-republic/faq-osvc-insurance-min-max-base-2026) for the exact figures and the income threshold where it stops mattering. **Step 5 — Net income** Note: "net income" here is the cash left after paying all taxes _and_ after spending your real expenses, opposite to the other methods, like recognized expenses, where it's possible some of your "expenses" weren't actually spent. ## [What counts as a deductible expense](#what-counts-as-a-deductible-expense) Anything with a clear, demonstrable business purpose: * **Hardware and equipment** — laptop, monitors, phone, peripherals * **Software and subscriptions** — IDE licences, SaaS tools, cloud services, Adobe, etc. * **Professional development** — courses, books, conferences, certifications * **Home office** — a proportional share of rent and utilities if you work from home (requires documentation) * **Travel** — business travel, client visits, mileage * **Accounting and legal fees** — your accountant's fee is itself deductible * **Coworking space** — rent and associated costs * **Subcontractors** — payments to other freelancers or agencies for work on your projects Purely personal costs (holidays, personal meals, home appliances not used for work) are not deductible. ## [Example](#example) This scenario uses zero declared real expenses as a baseline. _(1 EUR ≈ 25 CZK)_ ## [When real expenses is the right choice](#when-real-expenses-is-the-right-choice) The effective rate under real expenses (roughly 33–43%) is significantly higher than recognized expenses or fixed payment at their typical qualifying incomes. **For most Czech freelancers with low actual business costs, real expenses are therefore unattractive.** It becomes competitive — or even optimal — only when your real business expenses are genuinely large. The break-even point against the 60% recognized rate is approximately when your expenses exceed **60% of your gross income** (the same amount the recognized rate would give you). At 1,000,000 CZK income, that means spending at least 600,000 CZK on real, documented business costs. Most software consultants and IT freelancers are nowhere near that. **Scenarios where it can make sense:** * You employ subcontractors and their invoices represent a large share of your income * You have significant office or coworking costs * Your actual expenses exceed what the recognized rate would give you * You are in a transitional year with unusually high one-off costs (major equipment purchase, relocation) ## [Record-keeping requirements](#record-keeping-requirements) You must maintain a **cash book** (_peněžní deník_) or equivalent accounting records documenting all income and all claimed expenses, with supporting documents (invoices, receipts) for every deduction. Records must be kept for at least 3 years (10 years for certain documents). Your accountant will handle the formal record-keeping structure. ## [What about Podnikio?](#what-about-podnikio) [Podnikio](https://www.podnik.io) handles your bookkeeping, any income-tax advances that apply, and annual tax filing — whether you are on real expenses or any other method. If your expense profile changes year to year, our platform and connected accountant will flag which method is most beneficial before you need to decide. ## [Calculator](#calculator) Enter your gross income and actual expenses below to see your exact tax breakdown under the real expenses method — and compare it against recognized expenses and fixed payment side by side. And if you are considering other countries as well, check out the [full tax calculator](/en/tax-calculator). ## [Contact us](#contact-us) If you have questions or want to discuss whether it's the right choice for your freelance business, feel free to reach out to us. We offer free initial consultation to help you navigate the complexities of freelancer taxation and find the optimal setup for your situation. Read More → [2026-08-05s.r.o. Corporate & Dividend Tax in 2026A Czech s.r.o. pays 21% corporate tax plus 15% dividend tax on distributed profit — a 32.85% two-layer effective rate, higher than most OSVČ methods.](/en/blog/czech-republic/faq-sro-two-layer-tax-2026)[What's the combined corporate + dividend tax rate for a Czech s.r.o.?](#whats-the-combined-corporate-dividend-tax-rate-for-a-czech-sro) **32.85%**, if all after-tax profit is eventually distributed as dividends: 1. **Corporate income tax — 21%** on company profit 2. **Dividend withholding tax — 15%** on whatever's distributed to you afterward That's significantly worse than recognized expenses or paušální daň at most income levels where those are available — the s.r.o.'s two-layer structure is the trade-off for limited liability and a separate legal entity. ## [Are there any insurance contributions on top?](#are-there-any-insurance-contributions-on-top) Not on the dividend income itself — this is the s.r.o.'s real advantage: **no health or social insurance scales with dividends**, unlike OSVČ methods where insurance stacks on top of income tax as a percentage of your tax base. At very high income levels, avoiding those percentage-based contributions can outweigh the double taxation. There's one exception: if you take no salary from the company and have no other employment or self-employment coverage, you personally owe a separate, flat OBZP self-payer health insurance premium of 3,024 CZK/month (36,288 CZK/year). Because it's a fixed amount rather than a percentage of profit, it eats into the s.r.o.'s advantage most at lower income levels and becomes negligible at high income. ## [So when does the s.r.o. actually make sense?](#so-when-does-the-sro-actually-make-sense) Generally not recommended on typical freelancer incomes, unless you want to protect personal assets or have a specific business reason to operate as a separate legal entity. The s.r.o. becomes more competitive at higher income levels where the OSVČ recognized expenses or paušální daň caps out and the two-layer tax is offset by avoiding percentage-based insurance contributions. See the [full s.r.o. company taxation guide](/en/blog/czech-republic/sro-company-taxation-2026) for the complete breakdown and comparison against OSVČ. ## [Calculator](#calculator) ## [Contact us](#contact-us) Wondering whether an s.r.o. makes sense at your income level? Feel free to reach out — we offer a free initial consultation. Read More → [Browse all articles](/en/blog) ## Frequently asked questions How long does it take to open an account? Most applications are verified within a day once your documents are submitted. Is it a real IBAN, or a shared one? It's a dedicated IBAN issued in your business's name, not a sub-account of a pooled or shared balance. What does it cost? The account is included as part of your Podnikio plan. For detailed breakdown, see the pricing page. Do I have to close my existing bank account? No, you're free to keep using another bank alongside Podnikio. Many freelancers and companies run both side by side, at least at first. ## Have a question? Send us a message and we'll get back to you as soon as possible. Email Your message Send Message Book a Free Consultation Get personalised advice for your business. No sales pressure, just a conversation. [Book Consultation](https://calendar.app.google/T2EiUCKSoALXoMEy6)