Setting up a private limited company/unlimited company

What

Czech law enables foreigners (not valid for asylum seekers and undocumented migrants) to conduct trade activities under the same conditions and to the same extent as Czech entrepreneurs. Detailed summary how to set up a new private limited company/unlimited company in Czech Republic:

Good to know

(in English): http://www.doingbusiness.org/data/exploreeconomies/czech-republic/starting-a-business

Steps

STEP 1: Check the uniqueness of the company’s name (Czech): https://or.justice.cz/ias/ui/rejstrik

STEP 2: Notarize Articles of Association and Lease Agreement

(Czech): http://www.justice.cz/Justice2/Soud/soud.aspx?o=197&j=207&k=1970&d=351780

STEP 3: Obtain confirmation of the administrator of the capital contribution, along with the confirmation of the bank that the capital contribution is held in the company’s special bank account (Czech and English): https://apl.cnb.cz/apljerrsdad/JERRS.WEB07.INTRO_PAGE?p_lang=en

(Czech): http://www.czechpoint.cz/public/

STEP 4: Register in the Business Registry of the Regional Commercial Court through a notary

(Czech): http://www.justice.cz/Justice2/Uvod/Soudy.aspx

STEP 5: Register for taxes, social security and for health insurance:

Tax Office (Finanční Úřad) (Czech and English): http://www.financnisprava.cz/en/e-tax, Social Security Administration (Správa sociálního zabezpečení) (Czech and English): http://www.cssz.cz/en/forms, Health Insurance companies (Zdravotní pojišťovny) http://www.mzcr.cz/Cizinci/obsah/health-insurance-companies_2652_23.html.

Where

At the relevant regional, district or local authority.