At Quantum Rise osoba rizikového kapitálu s.r.o., we prioritise transparency and compliance to ensure our investors are well-informed and prepared for regulatory changes. We wish to inform you about an important update to the Czech VAT Law, effective 01.01.2025, which impacts our operations and the fees we charge for asset management services.

Overview of the VAT Law Amendment

The amendment to the Czech VAT Law narrows the scope of financial activities exempt from taxation. Specifically, services related to asset management, including those involving investment instruments under client agreements, are no longer exempt from VAT as per Section 54 of the VAT Act. This change aligns with European legislation and introduces the following key points for Quantum Rise and our investors:

VAT on Fees

Starting 01.01.2025, Quantum Rise’s commission fees for asset management services will be subject to a 21% VAT rate. Income generated from managed assets (off-balance sheet income belonging to clients) remains exempt from VAT.

VAT Payer Status

Quantum Rise will become a VAT payer if our annual turnover, consisting of commission fees and other company income (excluding income from managed assets), exceeds CZK 2,000,000 in a calendar year.

Turnover Thresholds

• If our turnover exceeds CZK 2,000,000 but does not surpass CZK 2,536,500, we will register as a VAT payer effective 1 January of the following year.

• If our turnover exceeds CZK 2,536,500, we will become a VAT payer the day after the threshold is crossed, provided we notify the tax authorities promptly.

What This Means for Investors

If and when Quantum Rise reaches the applicable turnover threshold within a calendar year, we will begin charging 21% VAT on our commission fees. We will notify you promptly through a dedicated announcement, providing details on the effective date and any relevant changes to your billing. To prepare for this potential change, we encourage investors to:

Review Financial Plans

Assess how the potential addition of 21% VAT on management fees may affect your investment strategy or returns.

Consult Tax Advisors

Seek professional advice to understand the implications of this change for your specific financial situation.

Stay Informed

Watch for our forthcoming announcement regarding the VAT threshold, which will provide specific guidance on implementing VAT charges.

Our Commitment to You

Quantum Rise remains dedicated to managing your assets with the highest standards of professionalism and compliance. We closely monitor our turnover and will ensure full adherence to the new VAT regulations. By committing to a clear announcement once the threshold is reached, we aim to provide you with ample notice to adapt to any changes in our fee structure.

Please contact our team for further details or to discuss how this amendment may affect your portfolio. We value your trust and look forward to continuing our partnership with clarity and confidence.

Quantum Rise osoba rizikového kapitálu s.r.o.
Empowering Wealth Creation, Committed to Compliance

Photo by Nataliya Vaitkevich