Can business in Czechia change it’s legal entity type?

In Czechia, it is possible for a business to switch its legal entity type. This process requires consulting experts, establishing a new entity, transferring assets and operations, dissolving the old entity, and informing stakeholders. The exact steps involved can differ based on the existing and desired business structures and regulations. It is essential to seek advice from professionals and oversee the proper execution of all procedures to prevent potential legal and financial consequences.