Business in the process of change: Opportunity in a world full of waiting
InsightIn the first of a new Grant Thornton series on current international business trends, we explore how the changing economic environment can offer growth...
A decree of the ministry of labour and social affairs no. 325/2016 Sb. sets the minimum base of assessment at CZK 27,156 as of January 1, 2017 and the conversion coefficient for the pension system is set at 1.0396. The average wage for the year 2017 will thus reach CZK 28,232. These indicators will have an impact especially on the height of the minimum base of assessment for social insurance (CZK 1,355,136), the minimum advance payments of pension insurance for self-employed persons with self-employment as their main activity (from CZK 1,972 to CZK 2,061), the minimum advance payments of health insurance for (from CZK 1,823 to CZK 1,906).
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July 9, 2025
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