OUR OFFICES IN THE CZECH REPUBLIC

Prague, Phoenix Palace, Wenceslas Square, 56, 2 floors, office 208

REGISTRATION OF A BUSINESS (FIRM) IN THE CZECH REPUBLIC

A Ukrainian (or other foreigner) must have the following documents to register a sole proprietorship in the Czech Republic:

• identity card and residence permit – visa (international passport or domestic passport)
• Address registration (sídlo is the address of registration of a sole proprietorship or firm and provozovna is the address where you do business)
• Certificate of criminal record (ceremonial testimony)
• 1,000 kroner is an administrative fee
• Application for registration.

Advantages of doing business as an FOP in the Czech Republic:

Simple registration, no need for notarization of documents, registration is carried out in a special register, after a week it is possible to get a certificate of registration, and you can start activities on the day of registration.

Disadvantages:

It is necessary to pay a registration fee of 1,000 kroner, and if a person wants to add information to the areas of activity, he must pay an administrative fee of 500 kroner, and the person is also financially responsible for his actions.

BUY A READY-MADE BUSINESS (FIRM) IN THE CZECH REPUBLIC

Services in buying a ready-made company (firm) in the Czech Republic

Our specialists will prepare all the necessary documents you need to buy a company, and you need to provide the following information:

If the buyer is an individual

• Passport (notarized copy)
• Confirmation of residence, you can also provide copies of the pages of the passport, where there is a specified place of residence, but in this case you must add the first page
• Women need to be provided with information about their maiden name
• Certificate of no criminal record
• Summary
• Business plan

If the buyer is a legal entity, it, in turn, must provide such information

• Name
• Legal address
• Founding documents
• List of directors and shareholders
• Current extracts from the trade register
• Business plan

OPENING A BANK ACCOUNT IN THE CZECH REPUBLIC

In the Czech Republic, you can open a bank account in 1  day or even faster if you prepare and check all the documents in advance. Also, Czech banks belong to the European financial system, which is characterized by the stability of their activities. Therefore, the choice of the Czech Republic as a country to open a bank account is suitable for both individuals and legal entities.

Documents required to open an account for an individual:

• Relevant application for opening an account
• Identity documents (there must be two such documents)
• The amount that the person wants to deposit into his account
• Postal address of residence in the Czech Republic

Documents required before opening an account for a legal entity:

• Notarized copy (national and foreign) of legal entity participants and beneficiaries
• Accordingly, the application for opening an account
• Extract from the Trade Register
• Entrepreneur’s license
• If there is no information about the legal entity in the Trade Register yet, the constituent documents shall be submitted

Assistance in opening a bank account in the Czech Republic includes advising a lawyer on the availability of appropriate documents for opening an account, terms of account opening, bank billing, support in the bank, assistance in filling out bank documents, and other banking services. Some Czech banks usually send a bank card to your address a few days after submitting the documents, instead of issuing a bank card immediately. Opening and maintaining an account in a Czech bank is a rational choice for a stable future and efficient business start-up.

WORK PERMIT IN THE CZECH REPUBLIC

DOCUMENTS GIVING THE RIGHT TO WORK IN THE CZECH REPUBLIC

• Work permit
• Employment card
• “Blue card.”

What is a work permit?

• contains the identification data of the foreigner, place of work, type of work, identification data of the employer with whom the foreigner will work, the term for which he / she is issued and other data necessary for employment;
• not transferable and issued for a certain period, but not more than two years (for seasonal work not more than 6 months); a foreigner may repeatedly apply for a work permit;
• it is valid only for employment with the employer specified in the decision; this also applies to the type and place of work. If certain conditions specified in this permit are to be changed in the period before the expiration of the employment permit, the foreigner must apply to the relevant regional office of the Office of Labor for a new work permit;
• is obligatory for all foreigners permitted employment relationships within the meaning of the Labor Code, which are carried out by a foreigner in the Czech Republic, ie on the basis of an employment contract or employment contract, even if these employment relationships coincide;
• cannot be issued if a foreigner needs a service card, blue card or internally transferred employee card to perform work in the Czech Republic in accordance with applicable law (the owner has the right to stay in the Czech Republic for a long time for employment and work).

How long is an employment permit valid?

• 3 months – working Schengen
• 6 months – seasonal work
• 2 years – other cases.

Migration lawyer in the Czech Republic – JK “Prykhodko and Partners” Your reliable partner.