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.

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 by the Company Registration Office;

- arranging public notary proceedings (all procedures for company incorporation are done in front of a Czech public notary);

- providing a registered office in the Czech Republic on demand; the registered office serves as headquarters for the company in the Czech Republic and it will be made public;

- setting up a bank account for the company in the Czech Republic; BridgeWest will help you in setting up the share capital bank account, as well as a current bank account once the company is incorporated;

- recommending a Czech accountant, as accounting services are needed for new businesses in Belgium.

BridgeWest provides incorporation for the following types of companies in the Czech Republic:
 

- spolecnost s rucenim omezenym SRO (limited liability company). The Czech limited liability company requires at least one and at most 50 shareholders and a director and it must have a registered office. The minimum share capital must be paid upfront before the incorporation and it is set at 200,000 CZK, if there is only one shareholder. In case there are more shareholders, each shareholder must contribute with 20,000 CZK and at least 30% of the share capital must be paid upon incorporation;

- akciova spolecnost AS (joint stock company partnership). The Czech joint stock company must have at least two shareholders and one director, a management board and a supervisory board. It must also have a registered office.

The minimum share capital for a joint stock company is 2,000,000 CZK.

- Czech branch, subsidiary or representative office. Foreign companies are allowed to open branch offices or representative offices in the Czech Republic. They can be opened as separate legal entities or extensions of the parent company in the Czech Republic;

According to the Czech laws, the executive of a company must present a criminal record not older than three months, while special requirements are enabled for non-EU citizens wanting to open a company in the Czech Republic.

Czech Republic Key Facts

The standard VAT rate in the Czech Republic is 21% and a reduced rate of 15% applies to certain products and services. The corporate tax in the Czech Republic is 19%.

BridgeWest is also able to offer ready-made Czech companies and VAT registration.

Please contact us for more information and prices regarding opening a company in Czech Republic.



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 ...

Open Business in Czech Republic
We guarantee a cost-efficient solution for full company setup, bank account and VAT registration

Meet us in Prague

Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Prague, Czech Republic. Alternatively you can incorporate your company without traveling to the Czech Republic.

As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in the Czech Republic.