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Royalty payout

Royalties, money and tax in Czech Výplata honorářů

Also known as: payoutroyalty payment

Transfer of your royalty balance to your bank account on request – always the whole balance, at least CZK 1,000, within 30 days at the latest.

Every request goes through a manual check. In practice the money usually reaches a Czech bank account within hours to a few days. You can download a payout confirmation in Documents and statements.

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The glossary explains terms in plain language for musicians; it is not legal or tax advice. Always check the current wording of the laws. Czech laws are linked in Czech.