Czech Republic - Ready Made Companies

All our ready-made companies have:

• 100% paid up share capital of 200.000 CZK
• Issued 80 free Trade License
• Registered Address in Prague

The following changes will be concluded at transferring the company:

• Change in Jednatel (Director) and shareholder(s)
• Change in the Company Name
• Change in the Registered Address. We can provide a Registered Office in Prague

Established Companies/ Ready Made Czech Private Limited Company

A ready made company will be beneficial if a company is required urgently, for instance if a company registration number is needed immediately in order to complete an important contract and no time can be allowed for the incorporation process to be completed.

The Czech Republic should be considered as one of the European countries where you can obtain a ready made company and register on the European register for VAT immediately. Our agent keeps an extensive stock of ready made names available for immediate purchase. In the case of Czech companies, a typical transfer procedure would be:

• Powers of Attorney sent from our agent in the Czech Republic to the person wishing to buy the company.
• These Powers need to be signed in front of a Notary in the country of residence of the person buying the company. In general, the Power will be in English, although a Power in Czech is of-course available, should you and your notary understand it.
• The transfer will take place in the Czech Republic without you needing to visit.
• Should you require a Registered Address in the Czech Republic and registration as an active company on the VAT register, then we can arrange this.

All our ready made companies were incorporated and filed non trading/dormant accounts every year together with the Annual Returns. The companies are incorporated with neutral names in the Czech language, wide objects, standard articles, and the standard authorised share capital  They are available immediately and fully inclusive of all documentation.

Benefits:

• Private Limited Company
• Ready to trade immediately
• Normal commercial trading purposes
• Suits the majority of requirements for a trading company
• Can undertake any nature of business
• Can operate anywhere in the world
• Members have limited liability
• Can have a sole director and sole shareholder
• Can have corporate officers
• As above but registration number available immediately upon receipt of payment

An explanation of VAT in the Czech Republic

All Czech companies can be registered for VAT, and this could well be the reason for wanting a ready made company incorporated there. Note the following characteristics of the system there:

• The company needs to be registered for trade. Initially, it is not registered, and you need to let us know that you want it registered.
• You need to advise us if you wish to do quarterly or monthly returns
• There is no need to deregister a company for VAT; once they stop doing business or stop filing returns, they are automatically taken off the register
• A supplier or a client can easily check your VAT status in both Czech and European registers.

Aged Established Company

If the need for an aged, established corporation is important to you, we have a number of previously incorporated, never traded, companies. Invest today in an established corporation. Our agents have a stock of companies up to three or four years of age, which are in “good standing” and have never traded. Established companies are guaranteed to be clear of any debts or liabilities. You may need an aged corporation for the following reasons:

• Corporate image is enhanced with age
• Building corporate credit is easier with age
• Other companies will do business with an older company before a brand new one
• Establishing a history for your business
• Bidding contracts at times require a certain age to your corporation
• Obtaining bank loans is easier when you can show you have history, the age is what matters most
• Obtaining corporate credit cards and leases. For example, some computer companies lease only to corporations 12 months old or more