A freelancer or sole trader in Czechia, known as the OSVC, can open a business account quickly with a trade licence and identification. Fio banka markets a sole trader account with no monthly fee, while Wise Business and Revolut Business suit freelancers paid by foreign clients who need to hold euros and other currencies. Finom adds invoicing for those who bill regularly.
- Suits freelancers best
- Depends on clients. Fio banka suits koruna only freelancers at no monthly fee, while Wise Business suits those paid from abroad. As of 24 December 2025.
- Typical monthly fee
- CZK 0 with Fio banka and Wise Business, with paid plans on Revolut Business and Finom, as of 24 December 2025.
- Non resident position
- Possible where the sole trader is registered in Czechia. Identity checks apply. Unclear cases, verify with the provider.
- Providers that fit
- Several. At least three providers accept registered sole traders in Czechia.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
What Freelancers and Sole Traders in Czechia need from a business account
A sole trader, the OSVC, values low cost, simple records, and fast setup. The features that matter most are no or low monthly fees, free standard domestic payments, a card, and a clean export for the tax return, including the flat rate scheme that many freelancers use. Keeping business and personal money apart makes the records easier even where a separate account is not strictly required. A freelancer paid by clients abroad also benefits from holding euros and other currencies near the market rate. Domestic banks such as Fio banka and Air Bank cover the koruna side, while Wise Business and Revolut Business add the multi currency side. Wise operates as an electronic money institution rather than a bank, which changes how funds are held. Confirm the route with the provider and a qualified adviser.
Compare accounts for Freelancers and Sole Traders in Czechia
These providers accept registered sole traders in Czechia. Fees and eligibility shown as of 24 December 2025. Confirm current terms with the provider before applying.
Compare business accounts →Questions about banking for Freelancers and Sole Traders in Czechia
Does a freelancer in Czechia need a separate business account?
Is there a free business account for sole traders in Czechia?
What documents does a sole trader need to open an account in Czechia?
Can a freelancer hold foreign currency in a Czech account?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 24 December 2025. Confirm current terms with the provider before applying.