Czech Republic Changes in Insurance, UBO, and Reporting Policies

The Czech Republic has introduced several changes in insurance, UBO, and reporting policies for the year of 2021. As of January 1st, 2021, the income base amount for health insurance contributions has been raised by CZK 500. The threshold for health insurance participation which had been previously set at CZK 3,000 is now at CZK 3,500.

The Global Expansion Playbook

Every business is unique, which is why you should understand all your options before making any international hiring decisions. If you’re hiring people internationally, you’ll want to think carefully about the different ways you can engage talent and which hiring option is the best fit for your business.