Company Formation in Czech Republic
Company registration in Czech Republic opens doors to a legitimate business operation in an economically stable EU country.
- No residency requirement for shareholders or directors
- Reputed member state of the EU
- Possibility to open a bank account
- Low minimum share capital
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
Costs for Company Formation in Czech Republic
Choose a package that you would like to receive more information on.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
+44 20 4577 0974
Request info on company formation in Czech Republic: cost, process and requirements.
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Initial consultation
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Turnkey Company Formation
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Company contact person
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Registered legal company address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
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Local personnel
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Accounting for 1 year
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Long-term POA
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Apostilled set of documents
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Additional legal support
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Corporate Account
Turnkey company formation, Everything you need to get off the ground. Start now!
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Full turnkey company formation and support in all necessary aspects. Customized pricing!
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Our clients' kind words set our standards. This is what they said about us:
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
Incorporation Assistance in Czech Republic - Free Consultation
Getting started with company registration in Czech Republic
Find out all the necessary information about company formation in Czech Republic. Discover why the Czech Republic is a popular jurisdiction and how it may help your business to reach the next level. Additional information is on demand, directly from our team of experienced consultants.
For crypto companies, please head to the MiCA license in Czech Republic page.
- Timeline
- Duration
- Remote incorporation
- Required Information
- VAT
- Documents
Procedure to prepare the registration of a company in Czech Republic
The registration process for a company in the Czech Republic is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement;
- Payment of the full invoice;
- [IF REMOTELY]: Notarization of POA by client;
- Preparation of registration documents;
- Document signed at the notary;
- Official register validity: immediately.
How long does it take to form a company in the Czech Republic?
The approximate duration for company formation in the Czech Republic is 12-18 working days.
Can I form a company in the Czech Republic remotely?
Yes, the whole incorporation process can be conducted remotely with no travel necessary. Notarization of documents is necessary.
- A Power of Attorney (POA) from (all) partners/shareholders is needed;
- The POA is sent to you by us based on the services you want;
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address;
- The Czech Republic is part of the Hague Convention of the Apostille.
Necessary information to begin with company formation in the Czech Republic
- 3 options of your desired name for the company and a company contact email address;
- Names, addresses, and emails of all shareholders and board members;
- Short description of your company's activity.
Without VAT number in Czech Republic
- Your company will not be eligible to receive VAT refunds, which means everything bought is 21% more expensive (important: B2B payments between two VAT-exempt companies are not more expensive);
- Your company will not have to file monthly tax returns (prerequisite: no one receives a salary), which means low costs.
With VAT number in Czech Republic
- The company will be eligible to receive VAT refunds, which means you can make use of the reverse-charge mechanism;
- Monthly tax returns have to be filed, even if no transactions occur;
- Businesses seated in the Czech Republic whose turnover exceeds 1,000,000 CZK (around 39,000 EUR) in any consecutive 12-month period must register as a VAT payer with the tax authorities.
Before we help you to apply for a VAT number you should carefully think about the advantages and obligations that go along with it. Registering as a VAT payer might be either voluntary or obligatory, depending on the turnover.
Required documents to provide to register a company in the Czech Republic
- Passport copies (scans) of shareholder/s and director/s, also beneficiary owner if applicable;
- A Power of Attorney (in case of a remote company registration);
- Certified company documents (in case at least one of the shareholders is going to be a foreign company).
Alternatives to company formation in Czech Republic
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in Czech Republic:
Company Formation in Austria
from 1.800 €-
Prestigious standing
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Competitive tax rate in EU
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Completely remote
Company Formation in Estonia
from 450 €-
Fast incorporation
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0% tax on undistributed income
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Entirely remote
Company Formation in Hungary
5.940 €-
Lowest tax rate in the EU
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Strategic location
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Fast remote incorporation
Company Formation in Latvia
from 1.950 €-
0% tax on undistributed profits
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Everything is done online
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Single person structure
Company Formation in Lithuania
from 1.290 €-
Very business friendly
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Competitive tax rates
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A growing EU economy
Company Formation in Poland
from 1.500 €-
0% Tax if undistributed
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A fast growing EU state
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Tech savvy workforce
Things to know before registering your company in the Czech Republic
Taxation of companies in the Czech Republic
Taxes are one of the primary aspects of company formation in the country.
- The corporate income tax rate in Czech Republic is 21%;
- An advantageous 5% rate applies to basic investment funds (operating under license).
DTAA signed by the Czech Republic for companies
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
The list includes Albania, Armenia, Australia, Austria, Azerbaijan, Bahrain, Barbados, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Bulgary, Canada, China, Croatia, Cyprus, Denmark, DPRK (Democratic People’s Republic of Korea), Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Island, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kuwait, Latvia, Lebanon, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Moldavia, Mongolia, Morocco, Netherlands, New Zealand, Nigeria, Norway, Philippines, Poland, Portugal, Republic of Korea, Republic of South Africa, Romania, Russia, Saudi Arabia, Serbia and Montenegro, Singapore, Slovakia, Slovenia, Spain, Sri Lanka, Sweeden, Switzerland, Syria, Tadjikistan, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, United Kingdom of Great Britain and Northern Ireland, United States of America, Uzbekistan, Venezuela, Vietnam, Thailand, Tunisia, Turkey, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, and Vietnam.
Accounting and audit requirements for a company in the Czech Republic
Mind the following obligatory requirements if you open a company in the Czech Republic.
- A tax return has to be filed every year, even in the absence of any business activity;
- Bookkeeping is mandatory and accounts are to be filed.
Economic substance and residency requirements for companies in the Czech Republic
- There are no residential requirements for shareholders and directors of a Czech limited liability company;
- Every company needs a registered address; virtual offices are allowed in the Czech Republic.
LegalBison offers help with all of the requirements mentioned above.
- Taxes in Czech Republic
- Double Tax Treaties
- Accounting and audit requirements
- Residency requirements for company holders
Taxation of companies in the Czech Republic
Taxes are one of the primary aspects of company formation in the country.
- The corporate income tax rate in Czech Republic is 21%;
- An advantageous 5% rate applies to basic investment funds (operating under license).
DTAA signed by the Czech Republic for companies
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
The list includes Albania, Armenia, Australia, Austria, Azerbaijan, Bahrain, Barbados, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Bulgary, Canada, China, Croatia, Cyprus, Denmark, DPRK (Democratic People’s Republic of Korea), Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Island, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kuwait, Latvia, Lebanon, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Moldavia, Mongolia, Morocco, Netherlands, New Zealand, Nigeria, Norway, Philippines, Poland, Portugal, Republic of Korea, Republic of South Africa, Romania, Russia, Saudi Arabia, Serbia and Montenegro, Singapore, Slovakia, Slovenia, Spain, Sri Lanka, Sweeden, Switzerland, Syria, Tadjikistan, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, United Kingdom of Great Britain and Northern Ireland, United States of America, Uzbekistan, Venezuela, Vietnam, Thailand, Tunisia, Turkey, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, and Vietnam.
Accounting and audit requirements for a company in the Czech Republic
Mind the following obligatory requirements if you open a company in the Czech Republic.
- A tax return has to be filed every year, even in the absence of any business activity;
- Bookkeeping is mandatory and accounts are to be filed.
Economic substance and residency requirements for companies in the Czech Republic
- There are no residential requirements for shareholders and directors of a Czech limited liability company;
- Every company needs a registered address; virtual offices are allowed in the Czech Republic.
LegalBison offers help with all of the requirements mentioned above.
About company registration in Czech Republic
Registering a limited liability company in Czech Republic is recommended to do business in the European Union for savvy or on-a-budget projects. A Czech SRO is incredibly cheap to maintain, which makes it suitable for businesses that want to make a first step in the European Union market.
Depending on your objective and your business model, another jurisdiction might fit better. The best way to determine if the Czech Republic is the best place for your business is to get in touch with our experts.
No, there are no such requirements in the Czech Republic. All you need is a trusted registering agent such as Legal Bison to accompany you during the process and after your company has been incorporated.
Yes, the koruna česká (CZK) is the national currency of the Czech Republic. Some institutions may accept EUR, but a company needs to hold CZK in its account.
Contact Us
Request more information about incorporation in Czech Republic now and we will get back to you within 24 working hours. During the free primary consultation, our experts will draw a roadmap for your startup and explain the peculiarities of incorporating your company in the Czech Republic.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
