Company registration in Czech Republic

The Czech Republic has created comfortable conditions for doing business. This is promoted by a loyal fiscal policy, open economy, reasonable control by the state. The registration of the company in the Czech Republic gives an opportunity to move to the country, having carried out a so-called business migration. Here it will be possible not only to do business but also to get residence permission. However, if you do not live in the Czech Republic, the residence is still preserved.
The most common form of doing business is LLC. The profitable activities can be conducted from the first year, although it is legally allowed to pass a zero balance for the first two years. If you are seeking to move to the country, it is better to provide the company with a normal development. In particular, the companies that create new jobs on the territory of the republic are valued.

Registration procedure

The opening of the company in the Czech Republic involves the passage of a number of events. At the first stage, the decision is made about the directions of the activity of the company. The specialists of the “Prifinance” are ready to recommend the best business areas, taking into account the legislation of the country. Further it is necessary:

• to select the name for the company and make sure that it is not occupied.
• to determine the composition of the founders - no more than 50 people, persons aged from 18 years. It is not worth to abuse the number, since the issue of granting the permission for the presence in the Czech Republic is considered individually for everyone.
• to appoint a director.
• to prepare a package of documents – employees of the “Prifinance” will take on bureaucratic wires, they will help get a certificate of no criminal record, to collect identification papers, notarize the birth certificate of each of the founders, and so on.

The registration of the company in the Czech Republic takes 10-15 days (working). Only those who meet the following requirements can conduct business in the republic:

• not younger than 18 years;
• capable - they can make legal decisions;
• absence of problems with the law.

The license is required for some activities. It is necessary to pay 1000 CZKat the registration of the first permission, the subsequent – 500CZK. These are related to the licensed:

• the works requiring authorization –an architect, engineer, designer. The document proving the professional education is needed.
• Handicraft –it requires confirmation of special education.
• Unsafe activities - shooting range service, work with weapons and so on.
• Concession business –it requires high qualification.

The advantages of cooperation with “Prifinance”

One of the reasons for the popularity of the Czech Republic (here offshore does not exist in the traditional sense of the term) as a country for the foundation of business is the lack of requirements for the authorized capital. It can be symbolic, from 1 crown. At the same time, its formation should be taken seriously, since the size of the authorized capital testifies in many respects to the seriousness of the businessman's intentions, which directly affects the possibility of obtaining a long-term visa. We will recommend which indicators will be optimal for the specific purposes.
The Employees of the "Prifinance" will help with the preparation of documents for the opening of the company. This is beneficial for a number of reasons:

• the lack of need to submit a business plan to the audit authorities;
• the possibility of obtaining a residence permission and moving to the Czech Republic with the family;
• inexpensive services (in comparison with other EU countries).

We will conduct the procedure through all the instances and provide the customer with the documents that indicate that the firm is registered properly.