Entrepreneurial
even during
the Communist
era, Czechs
have seized
every opportunity
to demonstrate
their free-market
credentials
since joining
the EU in 2004.
Today the Czech
Republic offers
a stable and
welcoming home
to foreign investors.
REQUIREMENTS
Limited
liability
company
(s.r.o.)
- this type
of company
does not
issue shares,
but owners
have limited
liability
up to their
unpaid deposits.
Basic capital
is 200.000
CZK (approx:
£4,800).
Annual
filing of
accounts
must be
completed,
board of
Directors
is not required,
and requires
the appropriate
business
licenses
in order
to trade.
A registered
manager
is necessary
and this
can be any
EU citizen
or individual
holding
a residence
permit.
A
clear criminal
record needs
to be provided.
This can
be applied
for at:
The National
Identification
Service,
Subject
Access Office,
New Scotland
Yard, Broadway,
London,
SW1H 0BG.
The procedure
takes approximately
2 weeks
and upon
receipt
this then
needs to
be Apostilled,
which takes
another
week .
FEES
New
or ready
made company
formation,
bank account
set up and
VAT registration:
£2638.90
ex. VAT.
OFFICES
Virtual office (includes telephone, fax and mail forwarding facilities): £200 per month payable quarterly in advance plus £600 deposit refundable within 30 days upon termination of your office contract.
Serviced office: cost as per requirement.
ACCOUNTANCY
Quote based upon approximate number of monthly invoices and projected annual turnover.
HOW DO I PROCEED?
In order to commence the formation procedure, we will require the following:
A
completed
application
form.
A
certified
copy of
each director/shareholders
passport.
Two
utility
bills that
are less
than three
months old.