Register a Company in Czech Republic

11
Register a Company in Czech Republic A presentation brought to you by CzechCompanyIncorporation.com 1

Transcript of Register a Company in Czech Republic

Page 1: Register a Company in Czech Republic

Register a Company in Czech Republic

A presentation brought to you by CzechCompanyIncorporation.com

1

Page 2: Register a Company in Czech Republic

2

Commercial Register in Czech Republic 

The Commercial Register in Czech Republic is part of the Regional Court. The businessmen who want to register a company are required to comply with the conditions available for registration, in the area in which the company has its registered office.

The statutory body of the company or the representative is the one that must submit the application at the Commercial Register.

Page 3: Register a Company in Czech Republic

3

Register a Czech company >>All companies carrying business operations in Czech Republic are required to register with the Trade Register.

The application deadline is established within 90 days from the release date of the trade license or the date the company was established.

There are standard forms for company formation in Czech Republic that can be found on the website of the Ministry of Justice. 

Page 4: Register a Company in Czech Republic

4

Register a Czech company >>

The Commercial Register in Czech Republic has the „silence-is-consent" rule, meaning that the institution is obliged to process the registration within five working days or deliver another decision in the same period.

The company will be considered registered in Czech Republic the next day after the decision on its incorporation was taken.

Page 5: Register a Company in Czech Republic

5

Registration process in Czech Republic

The submission process for company formation in Czech Republic comes with an administrative fee.

The Register Court of the Czech Republic stores information about all the business entities incorporated in the country.

Any changes related to the business form will have to be submitted at the Register Court.

Page 6: Register a Company in Czech Republic

6

Documents required for registration >>

Applications submitted to the Register Court must contain certain documents, such as the memorandum of association, which represents one of the company’s statutory documents.

Members of the statutory body must give a specimen signature.

Our team of company formation consultants can offer more details.

Page 7: Register a Company in Czech Republic

7

>> Documents required for registration

It is also necessary to provide a bank statement that will offer a proof on the minimum share capital deposited by the company’s founders.

The share capital may vary, in accordance with the type of the legal entity of the company.

The members of the statutory and supervisory body must sign a statement of credibility, registered at the Trade Register.

Page 8: Register a Company in Czech Republic

8

Other types of documents

Investors will also have to provide extracts of the criminal records issued in the country of origin.

The extract from the Trade Licenses Register is also an important part of the requirements of the Commercial Register.

The application also requires evidence of the ownership or consent for the usage of the registered office, regardless of the activities carried out by the company.

Page 9: Register a Company in Czech Republic

9

Register a branch in Czech Republic

Foreign investors can set up a branch office or a subsidiary of a foreign company.

It is important to know that the branch must be registered with the Commercial Register, following the regulations available for any other type of company in Czech Republic.

Page 10: Register a Company in Czech Republic

10

Consultancy services in Czech Republic

Our team of company formation agents can offer legal advice on other relevant matters, such as tax minimization procedures applicable here.

At the same time, the businessmen will have to register for taxation matters, including those related to employment in Czech Republic.

Please contact our company formation specialists for an in-depth presentation on the commercial legislation.

Page 11: Register a Company in Czech Republic

Thank you for your attention!

For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.czechcompanyincorporation.com

11