Doing business in the Czech Republic
14.04.2015Company: Forvis Mazars s.r.o.
Both natural individuals and legal entities may engage in business practice in the Czech Republic under one of the available legal forms specified below.
Generally, there is no limitation on the level of foreign participation in a Czech legal entity. Foreigners/foreign companies can establish both joint-ventures and wholly-owned subsidiaries in the Czech Republic.
The types of companies include a joint-stock company, a limited liability company, a limited partnership and an unlimited partnership.
Joint-stock and limited liability companies are the most commonly types used for business purposes; both of these legal forms must fulfil the minimum capital requirements.
A joint-stock company can be set up by one or more legal entities or individuals. The minimum registered capital requirement is CZK 2 million or EUR 80,000.
More information on doing business in the CR here or in the attachment.
