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| March 7, 2022

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Electronic record of sales continues to operate only on a voluntary basis. The original Act No. 137/2020 Coll., which has been amended several times, postponed the obligation to record sales and the onset of other stages until 31 December 2022. However, the current government is committed to abolishing electronic record of sales altogether and the Ministry of Finance has already submitted a bill abolishing the electronic record of sales. It is therefore to be expected that the renewal of revenue registration, or the commencement of other stages after 1 January 2023, will not take place at all. We will continue to monitor the legislative process.

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