how to register a company in czech republic

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How to open a company in Czech Republic A presentation brought to you by Bridgewest.eu

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Please visit www.bridgewest.eu/company-formation-czech-republic to find out how to open a company in Czech Republic. BridgeWest.eu offers you this presentation as an introduction to company formation in Czech Republic, giving you the basic information regarding the requested steps for starting a business in this country. www.bridgewest.eu/company-formation-czech-republic is a division of BridgeWest.eu, a company specialized in company registration services throughout Europe. We are an International Consulting Company based in Cyprus, created for international clients looking to expand to the European market. Our company has been created by people with important experience in assisting international clients in their business throughout the continent and we offer quick information and assistance when it comes to setting up a new business abroad.

TRANSCRIPT

Page 1: How to register a company in czech republic

How to open a company in Czech Republic

A

presentation brought to you by Bridgewest.eu

Page 2: How to register a company in czech republic

Types of Czech Companies

• Limited Liability Company

• Joint Stock Company

• General partnership

• Limited Partnership

Page 3: How to register a company in czech republic

Limited Liability Company

• The Limited Liability Company can be founded by at least one shareholder, individual or legal entity, and a maximum of 50 members

• The minimum share capital required for the incorporation of this type of company is  200.000 CZK

Page 4: How to register a company in czech republic

Joint Stock Company

• The minimum required capital is 2.000.000 CZK

• A minimum share capital of 30% should be paid on registration for monetary contributions and 100% of non monetary contributions

• The shareholders can be Czech residents or foreigners, natural or legal entities.

Page 5: How to register a company in czech republic

Limited Partnership

• The shareholders’ liability is limited to the amount of their paid and unpaid contributions

• The shareholders are liable for the partnership’s obligations with all their assets

• The general partners can make management decisions and have the right to decide the future of the company

Page 6: How to register a company in czech republic

Steps for company formation in Czech Republic

• providing a company name

• providing a set of identification documents

• setting-up a the bank account for share capital

• obtaining the criminal records for the founders and records of the owned real estates from the Czech point Offices

• submitting the registration documents with the Trade Licensing Office

Page 7: How to register a company in czech republic

Necessary documentation and information

• providing utility bills as proof of address

• providing passport copies of the shareholders and board members

• setting-up a bank account for the injection of the share capital

• submitting the company registration file with the Trade Licensing Office

Page 8: How to register a company in czech republic

Requirements for Company  Formation in Czech Republic

• Any person of any nationality or residence can be a shareholder in a Czech company

• The Board of Directors should be comprised of at least two members

• The company must hold a local registered office

Page 9: How to register a company in czech republic

Services Provided for Company Registration in the Czech Republic

• drafting the Articles of Association

• offering a Registered Office in Czech Republic

• setting up a share capital bank account

• recommending a Czech accountant

• VAT and tax registration

Page 10: How to register a company in czech republic

Thank you for your attention

Please contact us for more information at

[email protected]

www.bridgewest.eu/company-formation-czech-republic

Ph./Fax: (+44)203-287 0408