507-452-1254
27 Division St, New York, NY 10002

VOLEN CZ accounting services in Prague

  • Home
  • About
    • Website Rules
    • Website Regulations
  • Our Services
  • Our prices
  • Contact

VOLEN CZ accounting services in Prague

  • Home
  • About
    • Website Rules
    • Website Regulations
  • Our Services
  • Our prices
  • Contact
  • Home
  • About
    • Website Rules
    • Website Regulations
  • Our Services
  • Our prices
  • Contact

VOLEN CZ accounting services in Prague

  • Home
  • About
    • Website Rules
    • Website Regulations
  • Our Services
  • Our prices
  • Contact
December 2022
Home 2022
14 December
Analytics, reviewsCzech RepublicLegislationMinimum salary

Czech Republic Residence Permit Renewal Income Increase 2023

by VOLEN CZ 0 Comments

To align with the rise in consumer prices, the Czech government is once again updating the living expense standards. Therefore, those who need to renew their residence permit after January 1, 2023, will need to account for an increase in the income amount required for renewal.

Share

Read More
02 October
Analytics, reviewsCzech RepublicLegislationNewsPayroll

Czech Government Raises Living Expense Standards: Impact on Residence Permit Renewal

by VOLEN CZ 0 Comments

 

For the fourth time this year, the Czech government is updating the living expense standards due to a sharp rise in inflation, which increased from 2.2% to 9.9% as of July 1, and by September 12, 2022, had reached 17.2%.

This means that for those needing to renew their residence permit after October 1, 2022, they will need to consider that the income amount required for renewal will increase.

Share

Read More
19 July
Analytics, reviewsCzech RepublicLegislation

Minimum Subsistence and Living Expenses for Residence Permit Extensions from July 1, 2022

by VOLEN CZ 0 Comments

This year, the Czech government is changing the living expense standards for the third time due to a sharp rise in inflation, which has increased from 2.2% to 9.9%.

This means that for those needing to renew their residence permit after July 1, 2022, they must account for the increase in the income amount required for renewal.

For example, for a single adult living in a rented apartment in Prague: — After July 1, 2022, an income of 14,741 CZK (net) will be required for renewal.

Below are the detailed standards:

  1. Minimum Subsistence Amounts (in CZK, per month):

    • For an individual living alone — 4,620 CZK
    • For the first adult family member — 4,250 CZK
    • For the second and each subsequent adult family member — 3,840 CZK
    • For a dependent child aged:
      • Under 6 years — 2,360 CZK
      • From 6 to 15 years — 2,900 CZK
      • From 15 to 26 years — 3,320 CZK
  2. Living Expense Standards:

    Number of People in Family Prague
    1 10,121 CZK
    2 13,629 CZK
    3 18,312 CZK
    4 or more 22,495 CZK
Share

Read More
31 March
Analytics, reviewsGuaranteed salaryMinimum salaryMinimum wageNewsPayroll

Living Costs for Czech Residence Permit Extensions 2022

by VOLEN CZ 0 Comments

Minimum Subsistence and Living Expenses for Residence Permit Extensions from April 1, 2022

On March 30, the Czech government revised the living expense standards, effective from April 1, 2022. This means that for those needing to renew their residence permit after April 1, 2022, the required income amount will increase.

For example, a single adult living in a rented apartment in Prague: — In 2022, an income of 12,861 CZK (net) will be required for renewal.

Below are the detailed standards:

  1. Minimum Subsistence Amounts (in CZK, per month):

    • For one person — 4,250 CZK

    • For the first adult family member — 3,910 CZK

    • For the second and each subsequent adult family member — 3,530 CZK

    • For a dependent child aged:

      • Under 6 years — 2,170 CZK

      • From 6 to 15 years — 2,670 CZK

      • From 15 to 26 years — 3,050 CZK

  2. Living Expense Standards by Population Size:

Number of People in Family

Prague

Over 100,000 Residents

50,000 – 99,999 Residents

10,000 – 49,999 Residents

Under 9,999 Residents

1

10,121 CZK

       

2

13,629 CZK

       

3

18,312 CZK

       

4 or more

22,495 CZK

       
Share

Read More


"VOLEN CZ: Your Freedom in Accounting and Payroll Management"

  • Anti-Money Laundering in Practice – What Czech Accountants (and Their Clients) Must Do!
  • Changes to the visa regulations of the Czech Republic, effective from January 1, 2025
  • Payroll and Tax Changes in the Czech Republic from January 1, 2025
  • Cryptocurrency Taxation in the Czech Republic
  • The work performance agreement: what and how it changes in 2024
  • April 2025
  • February 2025
  • October 2024
  • August 2024
  • February 2024
  • December 2022
  • October 2022
  • July 2022
  • March 2022
  • December 2021
  • February 2021
  • January 2020
  • December 2017
  • June 2009

Copyright © 2008 VOLEN CZ s.r.o.. All Rights Reserved