Company registration in Czech Republic

Registration fee is from 3000 €

Registration period — 2 weeks

Minimum authorized capital - 1 CSK

Remote opening — yes

Financial statements — yes

The Czech Republic is an independent state in Central Europe. It has been a NATO member since 1999 and a member of the EU since 2004. The capital is Prague.

Maira Consult recommends using companies registered in the Czech Republic for trade in the EU, manufacturing, as well as for obtaining a residence permit in the Czech Republic.

Register a company in the Czech Republic. The peculiarity of Czech legislation is that all types of company activities require governmental licensing. Czech legislation allows simple (free) and complex licenses. It is quite easy to obtain a free license for a Czech company (s.r.o.), because such license does not require any qualification confirmation. Currently, there are 82 simple licenses available. In order to obtain a complex license, it is necessary to prove professional skills in a particular field. If the founder of a Czech company does not have the relevant skills to obtain a complex license, it is possible to conclude a notarised agreement with a responsible person who has the professional experience required to obtain the license. The responsible person does not take part in the management of the Czech company, but only represents the company under the contract for obtaining the license.

Registration of a company in the Czech Republic. A Ukrainian can register a company in the Czech Republic remotely. To do this, the founder of the company certifies his documents with a notary.

Our specialists know how to register a company in the Czech Republic, who provide highly qualified service and will advise you on all issues. 

Czech Republic advantages

1

Remote registration procedure

2

Possibility of obtaining complex licenses

3

Residence permit for the owner of the company

General Information

Registration Features

A Czech company must obtain a license to conduct any business activity.

Company Name

The company name must end with a word, phrase or abbreviation that indicates the form of the company, for example, "s.r.o.".

Authorized Capital

The minimum share capital of s.r.o. is CZK 1. The recommended share capital is CZK 100 000 (approximately EUR 4000).

Director

At least one, individual, no residency requirements.

Shareholders

At least one, individual or legal entity, no residency requirements.

Financial Reporting

All Czech companies are required to keep accounting records and submit financial statements annually by 31 of March. Additionally, an audit is required if the Czech company meets two criteria: 1. Annual turnover of more than CZK 80,000,000. 2. The value of assets exceeds CZK 5,000,000. 3. The number of employees exceeds 25 people.

Taxation

The corporate tax rate on company profits is 21%. The standard VAT rate is 21%. Obtaining a VAT number is mandatory for a Czech company s.r.o. if its annual turnover exceeds CZK 2,000,000.

Confidentiality

The state register is open. Information about the director, founder, beneficiary, and the size of the company's share capital is publicly available.

Stages of company registration

01

Choosing the name and form of the company

To register a company in the Czech Republic, you need to make a request to the Czech register to verify the name. Once the name is confirmed, corporate documents are prepared.

02

Preparation and collection of documents

Each member of the company must provide a passport, proof of residence (utility bill) and a certificate of no criminal record at the place of citizenship.

03

Identification of company participants

To register a company in the Czech Republic without a personal visit of the founders, a notarised power of attorney is issued to carry out the registration actions. The originals of the notarised documents of the founders and the notarised power of attorney are sent by courier to the Czech Republic. All documents are translated into Czech by a court translator and the company's articles of association are executed by a notary. Then, it is possible to immediately obtain a simple license and submit the entire package of documents to the Commercial Court for the registration of a s.r.o. company.

04

Formation of the share capital (if necessary)

The share capital must be paid before the start of company formation in Czech Republic. To do this, the company needs to open an account with a local bank.

05

Company registration

The company registration in Czech Republic generally takes 7-10 business days from the date of receipt of the required set of documents, obtaining a license.

06

Receiving of corporate documents

Once a company is registered in the Czech Republic, the Commercial Court issues ready corporate documents with the appropriate stamps.

07

Legalization of documents (if necessary)

If necessary, the documents of the Czech company are submitted for legalisation and apostille.

08

Delivery of corporate documents

Originals of corporate documents of a Czech company are sent by courier service.

Answers to the Most Common Questions:


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