Czech Republic Company FormationCzech Republic – Společnost s Ručením Omezeným (s.r.o.) Company Formation

A Czech Republican Společnost s Ručením Omezeným (s.r.o.) is equivalent to a Limited Liability Company in the UK or a GmbH in Austria and Germany in that it is a legal entity which is separate and distinct from the individuals who run it. For sole traders and for people in partnerships, the individuals personal assets are at risk if there is a claim against the organisation but shareholders in an s.r.o. are liable to lose only the value of the share capital to which they subscribe.

As the Czech Republic has strict controls on the ownership of property by non-nationals, but has no restrictions on share ownership of an s.r.o., incorporating an s.r.o. is the ideal means for foreign nationals to purchase and hold property within the Czech Republic.

Czech Republic company formation nameCompany Name

Company names in the Czech Republic must be pre-approved for availability and acceptability; our trained staff will check your proposed company name with the Registry of the Regional Commercial Court and inform you of its availability. Certain words, such as ‘bank’ aren’t allowed or require approval. The name of your company must end in s.r.o.

Czech Republic company formation registered officeRegistered Agent

A Czech s.r.o. is required to have a registered agent and a registered address where all official correspondence may be legally served. This is provided as part of our incorporation service.

Czech Republic Incorporation directorDirectors

A Czech company only requires one person to act as a director. This person may be any nationality and may be a corporate entity. Director names are filed on the public register.

Czech Republic company formation shareholderShareholders

Only a single shareholder is required and a maximum of fifty shareholders is permitted. The shareholder may be of any nationality and may be a corporate entity. Shareholder names are filed on the public register.

Czech Republic company formation share capitalShare Capital

The standard authorised share capital requirement is CZK 200,000, with a minimum paid up share capital of CZK 100,000.

company formation filing requirementsFiling Requirements

An s.r.o. is required to file an annual return, register of officers and accounts.

Czech Republic company incorporation timescaleTimescale

The incorporation of a new company takes from one to two weeks from the moment we have your proof of address and I.D. Please note the company will not be ready for trading until a bank account is established and the share capital is paid up.

Czech Republic company formation feesCzech Republic Company Formation – Fees

We offer an all inclusive Czech Republic Company Incorporation Service

Czech Republic Sro Company Formation – 7 days

  • Reserving your Company Name
  • Liaising with the local registrar and relevant authorities
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Registry of the Regional Commercial Court
  • Appoint the Directors
  • Minutes appointing first Directors
  • Preparation of the first minutes of Board Meeting
  • Certificate of Incorporation
  • Issue of shares and production of Share Certificates
  • All documents and certificates supplied in a professional folder
£1620
 Services
Company Administration & Registered Office£520
Assistance with opening a Bank Account in the Czech Republic
(required)
£450
Company Secretary (if required)£450
Data Box Fee£150
Assistance with VAT registration (if required)£300
Government Fee£140
Annual Renewal Fees
Company Administration

  • Provision of the Registered Office in the Czech Republic
  • Compliance with local domicile requirements
  • Payment of Government Fees
  • Maintaining statutory records
  • Statutory Due-Diligence
  • 12 months basic consultation
  • Ensuring that your company is kept in good standing through payment of the annual government fee and filing of annual documents
£520
Maintenance of Director Register£175

 

Your company will be incorporated using your chosen name and we will ensure that the procedure is as simple as possible.

The whole incorporation process can be completed online and we will administer the preparation and filing of all registration forms on your behalf.

Czech Republic company incorporation proofProof of Identity

As part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.

Czech Republic Company formation travelTravel

It is necessary to visit the Czech Republic to open a bank account to deposit the paid up share capital.

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