Type: Legislation
Registration of sales (abbreviated as “EET” in Czech) is an advanced system of online communication between entrepreneurs and the Financial Authority resulting from the Act on Registration of Sales No. 112/2016 Coll., as amended. Step 1: the entrepreneur sends XML data message about the transaction to Financial Authority. Step 2: the Financial Authority sends back confirmation of receipt with unique code (FIK – Fiscal Identification Code). Step 3: the entrepreneur issues a receipt (including the FIK) and provides it to the customer. Step 4: the customer receives the receipt. Step 5: registration of the sale can be verified through the web application of the Financial Authority. The customer can verify his/her receipt; the entrepreneur can verify the sales registered under his name.
Effective date: May 1, 2020
