Czech Republic Company Formation

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Czech Republic

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Company Formation in Czech Republic F.A.Q

We offer Company Formation Services in Czech Republic and details on how to incorporate a Czech company, VAT registration, establish a bank account and setup of a virtual office in Czech Republic.

1. What is the minimum share capital of a Czech s.r.o (Limited Liability Company)?
A Czech LLC has approx. 7,938 EUR as minimum capital.

2. What is the minimum share capital for a Czech AS (Joint Stock Company)?
In order to form a Czech Joint Stock Company the founders must provide a minimum capital of at least 79,384 EUR (approximate figure). At least 30% of the minimum capital and 100% of the non-monetary contributions must be paid up before registration.

3. Are there any special requirements for establishing a s.r.o in the Czech Republic?
A Czech SRO is a regular Limited Liability Company set up by at least one founder, who is not required to be resident of the Czech Republic, nor have Czech citizenship. As a rule, a Czech Limited Liability Company must have a registered office in the Czech Republic and in the course of the registration process it must prove its legal title to the office, for example rental agreement, or a consent of the owner. Even though the physical presence is not mandatory in the incorporation process of a company, some banks may require one visit of the bank account titular.

4. How can I open a bank account in The Czech Republic?
In order for the company to engage in commercial activities it needs to open a bank account in the Czech Republic. Although the procedure might seem complex, it varies from bank to bank, and it may be simplified with specialized help. The minimum required capital is deposited in a temporary account, which will be unblocked upon registration. The foundation deed of the company along with the articles of association and memorandum must be submitted in a file. Some banks may require the presence of a director, while others may be satisfied if the bank account is established by a representative authorized through power of attorney.

  • Prague Company Formation in Czech Republic

    BridgeWest offers company incorporation services in the Czech Republic. Our services include: - drawing up the articles of association that can be signed through power of attorney (Czech laws require powers of attorney for any public notary proceedings); - drawing up documents for company incorporation in Czech Republic: specimen signatures, identification papers copies, application form required…

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Articles on Company Formation in Czech Republic

Types of Czech Companies

a) Czech Limited Liability Company (Spole?nost s ru?ením omezeným) The Limited Liability Company is the most common form of company in the Czech Republic. It offers simpler administration than a Joint Stock Company and one person can be both the sole owner and executive. For a limited ...

Set up a Czech company

Czech Republic can become an interesting objective for business development, due to the modernizations accomplished in many sectors, including infrastructure and new potent area to invest, beside tourism, telecommunication and banks. The most common business types established on the Czech territory ...

The Register Court of the Czech Republic

The Register Court of the Czech Republic is the institution responsible with company registration, being regulated by the Ministry of Justice of the Czech Republic. Its main attributions revolve around company registration, ensuring every entity is functioning according to law. Also the institution ...

Open Company Branch or Subsidiary in the Czech Republic

Registering a Czech Branch Foreign entrepreneurs may incorporate businesses in the Czech Republic in many ways. Establishing a company, usually limited liability company, may represent the best suited solution for someone who wishes to set up a brand new company. However already established companie ...

Guide to Company Incorporation in The Czech Republic

  1. What is the minimum share capital of a Czech s.r.o (Limited Liability Company)? In order for a Czech Limited Liability Company to function legally it must provide at least 200000 CZK as minimum capital. Each member of the new company must make a monetary or non-monetary contribution. Non-m ...

Shelf Company in The Czech Republic

There are various forms to invest in The Czech Republic, but only two ways to establish a company. The first means to start the company from scratch, by providing all the required paperwork, notarize it and submit it to the relevant institutions. The second option implies purchasing a readymade or & ...

Paying Taxes in The Czech Republic

1. What is the corporate tax in the Czech Republic? A Czech company has to pay a corporate income tax rate of 19%, with a rate of 5% for pension funds, investment funds and share funds. The corporate tax has to be paid for the worldwide income.   2. What is the VAT in the Czech Repub ...

Company Liquidation in Czech Republic

The Czech Commercial Code (sections 70-75b) recognizes two forms of liquidation: voluntary or enforced. The voluntary company liquidation may be instituted if the term specified for the company’s duration has expired, if the objectives were reached, if the relevant au ...

Open a Representative Office in Czech Republic

BridgeWest handles opening representative offices in Czech Republic and in other European countries. For more information, please contact us. What are the special requirements for creating a Czech Representative Office? To increase the presence at a global level and assist their clients who wish to ...

Register a Non Profit Organization in the Czech Republic

The non profit organizations in the Czech Republic are considered legal entities that must be registered in specific registers. The tax acts defines the non profit organizations as entities established with purposes apart from making profits for its members. According to the tax laws, the organizati ...

Nominee Director in the Czech Republic

 In certain situations, the interests of an individual must be hidden from the public and third parties so it’s important to appoint another person as company administrator. This person is named “jednatel” in the Czech Republic and has the role of renting his name as a replace ...