Every active partner of Bolt must register as an identified person (if they are not a VAT payer).
Why is this required?
Registration is required when you receive business-related services from a foreign entity. Since May 2019, all invoices for the application fee have been issued by the Estonian company Bolt Operations OÜ. Therefore, this obligation also applies to Bolt's partner carriers from this time.
Who is an identified person?
A simplified way to register for VAT. But you don't have to worry about paying VAT for all of your earnings; in this case, VAT is only charged for services received from abroad. In this case, it is the application fee itself or other items listed in the invoices from Bolt Operations OÜ.
How do I register
First, you will get a data box, register as an identified person, and then submit a tax return at the relevant tax office at the beginning of each month using the data box. Don't worry - submitting your tax return takes no more than 5 minutes each month.
Step 1: Setting up the data box
You can set up a data box at any Czech POINT(https://www.czechpoint.cz/wwwstats/f?p=100:16 ↗). More information can be found here ↗.
Step 2: Registration of the identified person
The registration form can be found on the Tax Portal(https://adisspr.mfcr.cz/pmd/epo ↗) of the Financial Administration of the Czech Republic. Click on Electronic forms →, then on Registration →, then on Application for registration for value-added tax valid from 1.1.2015. You can start filling out the form right away.
- Header: Fill in the relevant Tax Office according to the address of the registered office. Fill in the TIN if one has been assigned to you. If not, the social security number is sufficient.
- Payer: Indicate whether you are a natural person (fyzická osoba) (entrepreneur) or a legal entity. Then, fill in the rest of the details accordingly. These details must match what you have listed in the commercial register. You can check this here(https://wwwinfo.mfcr.cz/ares/ares_es.html.cz ↗).
- Registration data: Enter the date from the received invoice as the date of the decisive day. If you are not travelling yet, do not fill in the date. If you fill in the date, state § 6h as the Reason for registration; if not, state § 6l. Enter an amount lower than CZK 1 million as Turnover Amount, otherwise, you will become a VAT payer.
- Refund account: fill in the number of your bank account where any overpayments will be refunded.
- Conclusion: you will check for any errors in the form. If not, you can submit the form.
Step 3: Filing a tax return
The identified person submits a VAT tax return at the beginning of each month. This condition applies within 25 days after the end of the tax period. So until the 25th of the following month. You can find all the necessary documents in your driver portal. The return is sent to the relevant tax office electronically via a data box. In case of questions not only about the identified person, do not hesitate to contact us at czechia-driver@bolt.eu.
