Doing Business In - International Franchise Association
Doing Business In - International Franchise Association
Doing Business In - International Franchise Association
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Return to table of contents<br />
Chapter 5: Trade Regulations and Standards<br />
• Import Tariffs<br />
• Trade Barriers<br />
• Import Requirements and Documentation<br />
• U.S. Export Controls<br />
• Temporary Entry<br />
• Labeling and Marking Requirements<br />
• Prohibited and Restricted Imports<br />
• Customs Regulations and Contact <strong>In</strong>formation<br />
• Standards<br />
• Trade Agreements<br />
• Web Resources<br />
Import Tariffs Return to top<br />
Tariff rates on U.S.-origin goods are contained in the EU’s Common External Tariff<br />
schedule. Details are available through the EU or through the Czech Directorate of<br />
Customs/Ministry of Finance web page: www.mfcr.cz.<br />
VAT and excise taxes are payable by the recipient of goods on the basis of Czech<br />
regulations. The value-added tax (VAT) applies to all goods, both domestic and foreign,<br />
sold within the Czech Republic. The VAT rate is generally 20%, although a lower VAT of<br />
10% is charged for selected goods, such as food and services. As part of its fiscal<br />
reforms, and in order to meet EU requirements, the government has recently moved<br />
some services up to the 20% VAT rate. VAT on imports is calculated on the declared<br />
customs value plus applicable duty and excise tax.<br />
Excise taxes are imposed on the following goods produced or imported into the Czech<br />
Republic: fuels and lubricants, tobacco products, beer, wine and liquor. The rate is<br />
determined by the type and quantity of the product and must be paid within ten days<br />
after being notified by the Customs Office of the tax amount due.<br />
Trade Barriers Return to top<br />
The Czech Republic is committed to a free market and maintains a generally open<br />
economy, with few barriers to trade and investment. Membership in the European Union<br />
means that tariffs and standards, as well as most procedures, must conform to EU<br />
norms. This includes adoption of EU technical barriers to some imports of agricultural<br />
and food products. The importer usually handles customs formalities.<br />
Goods transported to the Czech Republic under the Community Transit regime must be<br />
declared at a customs office in the Czech Republic. Applicable European Union<br />
legislation is available at: http://europa.eu.int/eur-lex/en/search/search_lif.html .
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