Notes

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.

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.

https://www.czech-company.com/en/business/formation/