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Company formation in
Czech Republic

Comprehensive assistance in company formation, including banking services
Readymade companies in Czech Republic with a bank account
From EUR 7500

How to form a company in Czech Republic

1
Document submission
You submit to us necessary documents of the future founders and directors for the purposes of company formation in Czech Republic and opening a bank account in Czech Republic
2
Payment of services
Payment of our services for company formation in Czech Republic and/or bank account assistance in Czech Republic
3
Company formation
We register a new company in Czech Republic for you. Upon completion of the registraion corporate documents are either delivered to you or submitted to a bank for the subsequent opening of a bank account
4
Bank account opening
In case you request an assistance with a bank account, we arrange an interview at the bank for you, inform you about the date of the visit and accompany you on your way to the bank. After the bank account is opened and active you receive corporate documents of the formed company as well as the access to the bank account
Key aspects to consider prior to forming a company in Czech Republic
Register a company in Czech Republic
Minimum capital requirement in Czech Republic for a limited liability company (s.r.o.) is just CZK 1
1. Founders of a company in Czech Republic can either be resident or non-resident in Czech Republic. Founders can be either individuals or legal entities.

2. A resident or a non-resident individual can be a director in Czech Republic. It is not required to register a company in Albania with a resident individual as one of its shareholders or directors.

However, if a corporate bank account is needed in a Czech bank, the director in a company should be a Czech citizen due to the fact that:

In July 2018 Central Bank of Czech Republic issued a regulation, according to which it requires that Czech banks shall decline banking services to Czech companies, which do not conduct any activity in Czech Republic, as well as to Czech companies, whose director does not have at least a temporary residence permit in Czech Republic.

In this regard, we provide services of a nominee director for company formation in Czech Republic.

3. One individual can be simultaneously a shareholder and a director in a Czech company if such company is registered as a s.r.o. (a limited liability company).

4. There is no requirement for creating substance in Czech Republic - no need to hire local employees or rent an office in order to conduct business in Czech Republic, however, in order to receive a VAT-number for a Czech company it is required to provide information about a rented office of such company and about its employees, as well as information about planned or existing contracts with Czech business-partners or clients.

5. Minimum share capital that is required to register a company in Czech Republic as a s.r.o. (a limited liability company) is just CZK 1.

6. Information about company founders, shareholders and directors after a company is registered in Czech Republic is publicly available in the state corporate register.

7. A company in Czech Republic can be registered remotely, on the basis of a power of attorney. It is necessary for the director of the new company to travel to Prague for 1 day in order to open a corporate bank account.
Cost of services
Formation of a s.r.o.
Timeframe - 8 business days
EUR 2900
Standard
  • Company formation
  • State fees
  • Registered address for 1 year
  • Notary services
  • Company seal
Select
EUR 3400
Extended
  • Company formation
  • State fees
  • Registered address for 1 year
  • Notary services
  • Company seal
  • Bank account in Czech Republic
Select
From EUR 4400
Ultimate
  • Company formation
  • State fees
  • Registered address for 1 year
  • Notary services
  • Company seal
  • Bank account in Czech Republic
  • Accounting services
Select
Readymade companies in Czech Republic with a bank account
From EUR 7500
Business-partner search in Czech Republic
From EUR 500

Advantages of forming a company in Czech Republic

Attractive business-environment
  • Close to major European markets
  • Highly-developed infrastructure
  • Open economy, no trading restrictions
  • Low inflation rate
Stability and
security
  • Political stability
  • Secure legal and justice systems
  • Comprehensive protection of property rights
  • Comprehensive personal security
  • Investment protection
Tax benefits
  • Relatively low corporate income tax rate in comparison to the majority of the EU states - 19%
  • Dividend, interest and royalties withholding tax rate, if these payments are made to an EU incorporated legal entity is - 0%
  • Multiple double tax treaties
No foreign exchange controls
  • Czech Republic state regulations do not impose foreign exchange controls. Individuals and business-entities, either resident or non-resident in Czech Republic may open bank accounts in local banks in any currency
Ease of establishing and doing business
  • 100% foreign ownership of a company is available
  • Fast company formation in Czech Republic
  • Remote company formation in Czech Republic is available
  • Low costs of company formation in Czech Republic
More about Czech Republic
Send a request for company formation in Czech Republic
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