Price starts from €3,500
According to Global Business Research Magazine, the Czech Republic was ranked among the best jurisdictions for business in the last 5 years. It has an attractive Corporate Income Tax rate, Central European location, highly-skilled employees and liberal business politics.
41st
place Czech Republic takes for ease of starting a business, according to the World Bank
CZK 1
minimum paid-up share capital
19%
standard corporate tax
One of the most popular company forms in Czech Republic is limited liability company LLC (in Czech: Společnost s ručením omezeným, S.R.O.)
Procedure for registration a company in Czech Republic
Step 1. Initial Setup:
- Initiating a preliminary project assessment
- Preparation and filing of the package of documents
Step 2. Company registration:
- Verification and reservation of the company name at the local commercial register
- Facilitating the notarial process for the company's official registration
- Incorporating the company's data into the commercial register
- Obtaining the Certificate of incorporation issued by the commercial register and Articles of Association
- VAT Registration. If S.R.O. turnover is expected to exceed 2,000,000 CZK in a 12-month period, the company must register for VAT with the Financial Administration of Czech Republic
We also can help with:
- Company secretarial services
- Opening bank accounts
- Preparing apostilled documents
- Further legal support
Requirements for a S.R.O. in Czech Republic
Before deciding to set up a new company in Czech Republic, read the information below to understand the characteristics of a S.R.O.:
The type of company is a limited liability company LLC (in Czech: Společnost s ručením omezeným, S.R.O.).
Number of directors/shareholders – a S.R.O. requires at least one shareholder maximum 50 shareholders and one director, however, a person may hold the same titles.
Number of employees – unlimited.
Obligatory positions – a S.R.O. must have at least one director, who isn’t required to be a Czech citizen.
Share capital – CZK 1, however it is recommended to set-up an s.r.o with a minimum of CZK 1,000.
Liability – shareholders are liable only up to the amount of their outstanding contribution to the company’s registered capital as recorded in the Commercial Register.
Accounting – a S.R.O. is required to maintain proper accounting records and prepare annual financial statements in accordance with Czech accounting standards.
Document requirements:
Taxation in Czech Republic:
If our proposal is intriguing, we kindly request to book a call with us or send your request via Telegram messenger. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.
We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.
The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.
Contact Us
If our proposal is intriguing, we kindly request to complete the form provided below to learn more. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.
We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.
The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.