Czech republic company register

The state is one of the most attractive locations for doing business in Europe. Here you can buy both a ready-made company and set up a new legal entity. It is available both to citizens and foreign residents. Thanks to a local firm, you can manage your international business in the homeland and anywhere in the world.
There is still some bureaucracy, so it will not be possible to incorporate an establishment quickly, unlike in Western European countries. And if you can enter the Czech Republic business register remotely through our law firm.
Company registration — Company registration in Czech Republic

Why do you need to set up a firm in the Czech Republic?

Although it may not be easy to enlist a commercial company in the Czech business register, it does provide certain privileges. First, it is a stable economic and political situation and an attractive place to live in general. If you live in this country and manage businesses, you can get a residence permit over time.
The residence permit of the Czech Republic allows you to move freely within the EU, establish your own business, open a bank account, rent or purchase real estate, as well as rent out your property. Moreover, it grants the right to receive education in the country and issues invitations for foreign citizens for up to 90 days. But most importantly, after 5 years of living, you get the right to permanent residence, and after another 5 years, you will be able to apply for a Czech passport.
Also, you should consider the legal framework:
For company registration in the Czech Republic, it is not necessary to include local citizens on the board of directors or as co-founders. And the size of the authorized capital is only one Czech koruna (CZK). This is the generally accepted amount. Although the law requires a minimum capital of one koruna, the state record-keeper is suspicious of such firms, so it is better to deposit approximately 20 thousand after all.
Company registration — Company registration in Czech Republic

Benefits of fintecharbor.com among registration agents in the Czech Republic

If you are looking for a proper jurisdiction for your business, our consultants are always ready to advise and help. We have been supporting entrepreneurs in Europe for several years. Therefore, we will guide you through all stages, from entering the company in the Czech trade register to opening a bank account, obtaining a VAT number, and setting up an office in any city in the country.
We will also advise you on the specifics of local taxation and help you complete all the formalities for a successful business. Our lawyers will draft the complete papers and submit the essential applications. You will receive the statutory documents at your office via courier delivery or at a personal meeting with us. It usually takes 15-20 business days to register a company in the Czech Republic from the date of application.

Steps to set up a company in the Czech Republic

You first need to choose the right form of doing business. This can be a Limited Liability Company (S.R.O.), a joint-stock company (A.S.), a public company (V.O.S.), or a cooperative (družstvo). Also, a private person can register as an individual entrepreneur (živnostenský list). Typically, small shops and service industries without employees choose this form. Most often, SRO and AS are registered.
At the second stage, you need to check the name of the future establishment in the Czech trade register so that a previously registered business does not duplicate it. The company’s owner must provide a certificate of good conduct, register a legal address for one year, and set up a bank account. All submitted applications must be translated into Czech.
After paying the state fees, it is essential to prepare a notarized memorandum of association, register the company with the Commercial Court and the Financial Department, and produce a seal. Register the organization’s address to receive correspondence from all government agencies. After the end of the process, the record about the company will appear on the official state website of the Czech Trade Register and will be available to the public.

Reviews

My children study in the Czech lands. Therefore, I decided to move my business to this country. The lawyers of Fintech Harbor accompanied the whole process very competently. I recommend them as professionals.
The potential of this Eastern European land is huge and the labor of hired employees is cheaper. Therefore, starting a business here was a great idea. I did not regret applying to Fintech Harbor, and the relocation process went very smoothly.

FAQ

All data on individual entrepreneurs and large companies in this country are open to public access. Just go to the site of the trade register of Czech Republic to check information about a particular organization.

The website www.rzp.cz is available in Czech and English. To find a counterparty, you need to know either the identification code of the company or its full name. You can also search by legal address. This resource is free. You can find out the contact details of the company, its address, and information about branches and representative offices.
Yes, you can business register Czech Republic. Local legislation allows you to open a business for state citizens and foreigners. A foreign person can reside in the republic or any other country. The process of entering the trade register in the Czech Republic is conducted remotely. However, if you apply for a residence permit, you still have to settle here for at least 5 years and live for a decade to apply for citizenship.
Yes, this is a very interesting country in terms of commercial activity. The economy is stable, and the local government stimulates foreign investors. In addition, the local population has a good education, speaks foreign languages, and wages are lower than in Western Europe or the USA. Therefore, moving production or an office here can be cost-effective.

The Czech Republic also has good transport links with EU countries and a single time zone, making it easier to work with European clients. The country is not considered offshore, so companies listed in the Czech Republic trade register have a good reputation in the international arena.