SERVICE

Company Formation in the Czech Republic

We set up a Czech s.r.o. end to end — the founding deed before a notary, the trade licence, entry in the commercial register, the bank account and tax registration. For Czech and foreign founders alike.

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Founding documents that fit

The statutory model articles are enough for a single-member company. With two or more shareholders we draft documents that settle deadlock, transfer of a shareholding and exit before those situations arise.

Registration without delay

The notary enters the company in the register directly, with no court application. Where the founding deed follows the statutory model and contributions are paid in money, that entry is exempt from the court fee under Section 11(9)(d) of the Court Fees Act.

Foreign founders

A foreign national with no Czech residence may be both shareholder and managing director. We arrange powers of attorney, apostilles, certified translations and the dealings with the bank — travelling to the Czech Republic is not necessary.

HOW OUR COOPERATION WORKS

Setting the company up and getting it running

Setting up an s.r.o. takes four steps: the founding deed in the form of a public deed (Section 8 of the Business Corporations Act), payment of the contributions, the trade licence, and entry in the commercial register. With complete documents in hand, the company is usually registered within a few working days.

The statutory minimum contribution is CZK 1 (Section 142 of the Business Corporations Act). That satisfies the law, but it tells every bank, landlord and counterparty exactly how much the owners have put in. Where the company will lease premises, employ people or seek financing, register capital that matches the intended operation.

Registration is the beginning, not the end. Financial statements must be filed in the collection of documents, beneficial-owner data kept current, and the data box actually read — a decision delivered into an unread data box is delivered all the same. The company becomes a VAT payer once its turnover exceeds CZK 2,000,000, or CZK 2,536,500 (Section 6 of the VAT Act).