Originally Posted by MaDalton

the rules in CZ have changed drastically in 2014 - it became much better actually

start an s.r.o., you can now do it for 0 czk initial investment

then pay yourself an income like 15.000 czk and have all your things covered like social insurance, health insurance etc at very affordable costs

then you only pay 19% corporate tax and all profits you can keep at no extra personal income tax (they killed those 15% this year)

this means your personal tax rate is 19% of all profits plus like 5000-8000 czk income tax, social and health insurance etc per month

and get a tax accountant