Company formation in Czech Republic
In the very center of Europe, there is a small well developed, and economically stable country called Czech. This state is famous for its 1000-year-old culture, and the largest number of investment funds and banks operate on its territory. The convenient location and presence make favorable conditions for doing business in this country. It is a country of developed infrastructure, flexible tax policy, high investment climate, and much more.
Considering Czech Republic
The Czech company is one of the best solutions for doing business in Europe. Its main advantages are low corporate tax (19% on profits), low VAT (21% – one of the lowest in Europe), ample opportunities for tax optimization, a large number of signed treaties to avoid double taxation with many countries, and the possibility of using a nominal service, and other tax benefits.
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Choosing the right legal form is a responsible task and requires a lot of knowledge and experience about each of the type of legal entity. Our team of experts has a lot of experience in this field and help with legal services on daily bases.
Business formation steps
Entrepreneurs who are interested in starting a business in Czech Republic must meet several requirements to quickly and correctly get started on the Czech Republic market.
1st Market research
The very first step in the company formation process is market research and entry. Marketing research is a form of research aimed at identifying market trends, understanding the desires and behavior of buyers and competitors. Our company provides marketing specialists who will research the Czech market following all international criteria.
2nd Choosing the company name
The second step is to choose the legal name of a company in Czech. The name of the company should reflect the specifics of the work and attract customers interested in purchasing goods or cooperation. Our specialists will check the uniqueness of the name against the register of companies in the Czech Republic. It is allowed to call a company in Czech or English languages.
3rd Document preparation
The third step includes a lot of paperwork and document preparation. Required documents for registering a company in the Czech Republic.
4th Bank account
Every company has to open corporate bank account, in order to register company in Czechia.
5th Tax identification number
Obtaining from the tax service a tax identification number and a VAT number. To get started, an experienced accountant from our company should tell you whether your business in the Czech Republic requires an internal VAT number. In most cases, when doing business it is enough to have a European VAT number, which we will gladly help to get.
6th License acquisition
The last step is to acquire a business license for the company. Czech law provides for 3 main types of business licenses.
Our company offers comprehensive services for the formation of a company, we will help you prepare documents, obtain the necessary licenses, open a bank account so that your company successfully enters the Czech Republic market.
Market research and entry
The very first step before starting a company is doing the research of the market. Only when research is done, the next step is the market entry and company registration.
Market research
Market research is the systematic analysis, search, presentation and collection of data, information related to a specific market situation faced by an enterprise. Based on well-conducted research, the business reduces business risks and losses.
Market entry
We develop go-to-market strategies that involve analyzing potential competitors and customers. When developing a plan, we take into account various factors, such as trade barriers, localized knowledge, price specifics, competition in the market, and much more.
Consultation about company formation
Given the state’s interest in a transparent and continuously developing investment climate on its territory, according to local legislation, the registration of a business in Czech Republic is not burdened with complicated requirements. Our team of lawyers will help you register a company in Czech Republic, and will advise you on all matters of registering a company.
You can register a company by these legal forms:
Limited Liability company
One of the most popular forms of registration in the Czech Republic is a limited liability company. This type of firm is suitable for almost any type of business.
Joint Stock Company
This is also a fairly common type of company, like LLC in the Czech Republic. Shares (stocks) of joint-stock companies may be subject to open trade. These shares can be bought and sold by other shareholders.
Holding Company
Holding Company is meant to hold the outstanding stock of other companies’. This type of companies purpose is to own shares of other companies to form a corporate group.
Branch Office
The branch office is used for companies to satisfy customer needs for face-to-face interaction. Depending on the needs of the business, the Branch office can consist of a single individual or It can be staffed.
Accounting solution
All businesses need to do bookkeeping for their business and complete all conditions and laws of the country. We will take care of all the paperwork. We have an accountant with huge work experience. Feel free to contact us.
We have many years of experience and the necessary knowledge to register a company in Czech Republic and provide a solution for your business. Our lawyers, accountants, and business consultants will help you with the process of registering a company and the further conduct of your business. Register the company with us!
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