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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Types of Czech Companies

June 13, 2010, 9:58 pm
BridgeWest

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 liability company to function it must have a minimum registered capital of 200.000 CZK (Czech Republic Koruna, currency of the Republic of Czech). It can be founded by at least one natural member, or legal entity, and a maximum of 50 members. The minimum capital per member has to reach 20.000 CZK.

b) Czech Joint Stock Company (Akciová spole?nost)

The Joint Stock Company is more suitable for larger businesses and a larger number of shareholders. This type of company  offers certain advantages regarding financing of a joint stock company due to the higher paid-up capital and stricter management controls. The minimum required capital is 2.000.000 CZK, and a minimum of 30% must be paid on registration for monetary contributions and 100% of non monetary contributions. The shareholders can be Czech, foreigners, natural or legal entities.

c) Czech General partnership (Partnerství generální)

In a general partnership, more than one party, individuals or legal entities, function under a trading name. All parties are liable for all of the debts of the partnership to the extent of their contribution or investment. The partnership functions on the basis of a previously signed agreement. The purpose is a business at a larger scale.

d) Czech Limited Partnership (Komanditní spole?nost)

In a limited partnership one or more partners (individuals or legal entities) liability is limited to the amount of their paid and unpaid contributions. The amount of the contributions both paid and unpaid must be recorded in the Commercial Register. These partners are known as limited partners. One or more partners, individuals or legal entities, are known as general partners and are liable for the partnerships obligations with all their assets. The general partners can make management decisions and have the right to decide the future of the company. The limited partnership also functions on the basis of a signed agreement.

BridgeWest offers Company Formation in Czech Republic.




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Company Formation in Czech Republic

Prague

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 ... [More]

Lawyers in Czech Republic

Prague

BridgeWest provides a wide range of legal services in Czech through our affiliated Czech lawyers and Law Firms in Prague and other major cities in Czech. We are mainly specialized in the main aspects of Czech Commercial Law, including Company Form ... [More]