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CZECH REPUBLIC

COMPANY FORMATION

INCORPORATION FEES

 

NEW LIMITED LIABILITY COMPANY (SRO)
Processing and Registration Fees – Euros 3,950.00
1st year annual fees – Euros 1,250.00/annual (*)
Provision of Registered offices in Praha, as legally required – Euros 1,780.00/annual
Set up fee – Euros 50.00
Provision to cover post charges – Euros 200.00
Preparation of all necessary legal documents, including corporate documents of the company – Euros 450.00
Organisation of the initial general meeting – Euros 120.00
All notary costs including verification of signatures – Euros 720.00
Submission of the documents to the Companies Register – Euros 530.00
Stamp duty for the registration at the Companies Register – Euros 200.00
Corporate income tax registration (obligatory) – Euros 95.00
Trade licences - not necessary for a property holding company – Euros 275.00
Concession - not necessary for a property holding company – Euros 350.00
VAT registration – Euros 690.00
Provision of local corporate bank account – Euros 870.00
Provision of 2nd set of certified documents for bank account opening purposes – Euros 375.00
Certified translations – Euros 1,850.00
General disbursements – Euros 200.00
Company seal – Euros 75.00
Delivery of documents by express courier – Euros 70.00
(*) Payable together with incorporation fees

IMPORTANT REMARK:
First year – Fees are considered from the date of formation until the 31st December same year
2nd and subsequent years – All annual fees marked above as “/Annual” become due from the 1st January each ear, and are payable until the 31st January

 

 

ANNUAL FEES
The Annual Fees are concerned with the following services:
Annual Statutory Fee, which includes:
- Local incorporation agent to provide you all services relating company matters (registered agent facilities);
- Filing statutory returns with official departments, required, to be the company active and alive;
- Liaison with the registered office and the registered agent in the jurisdiction of incorporation, attending to the payment of the Annual Government License Fees and other government fees;
Annual Compliance Fee, which includes:
- Attending to routine compliance matters (inclusive of periodic file reviews), reviewing official correspondence received and other routine matters incidental to good corporate governance;
- Processing and Return Filing with Internal revenue, Registrar of Companies, and other official departments

SHELF COMPANIES
Available
The cost of a shelf company will be the same as for a brand new incorporation plus an aging fee of Euros 1,500.00 per each year old.

NOMINEE SERVICES – OPTIONAL
Nominee Services are recommended to those people who wish and require 100% privacy, confidentiality and anonymity as to his relationship with the company. In such case, your name will not appear on the Registrar of Companies, but the nominees’ names. You can however manage the company through a full Power of Attorney, which can be issued as per your own verbiage or ours.

NOMINEE SERVICES - FEES
Provision of one Nominee Shareholder – Euro 750.00/annual
Provision of one Nominee Director – Euro 2,950.00/annual
Power of Attorney – Euros 750.00

Remark: In case you will contract our Nominee Services, a Power of Attorney (certified and apostilled) will be provided in your name, together with following documents:

- Nominee Services Agreements
- Directors’ Declarations of Trust
- Directors’ Resignation Letters signed and undated

FULL SERVICED VIRTUAL OFFICES AT
CZECH REPUBLIC

If you establish yourself in the Czech Republic for the purpose of buying property or starting a new business, one problem may arise: you are not yet ready to have a fully-equipped and staffed office in the country - but the law (or your activities themselves) require you to have one.

Eurofinanzza can provide you the following additional services:

Telephone number – Euros 850.00/annual
Set up fee – Euros 25.00
Provision to cover voice message re-forwarding – Euros 500.00
Fax number – Euros 850.00/annual
Set up fee – Euros 25.00
Provision to cover fax re-forwarding – Euros 200.00

DELIVERY OF DOCUMENTS
We can either dispatch the documents to you by DHL or any other express courier by Euros 70.00, if within Europe.

HOW TO START INCORPORATION PROCESS
As to start the incorporation process, we only need an email from you, with your order, confirming the required optional services, if any. A Proforma invoice will then be delivered to you with our banking coordinates so that you may settle payment by swift wire bank transfer.

DOCUMENTS AND INFORMATION REQUIRED
1 - In case you do not contract our Nominee Services, we need you to provide us the names of the persons who will be appointed by you as shareholder and Director for the company. We shall need scanned copy of passports and Utility Bill as proof of address.

2 - In case you will contract our Nominee Services, it will be required the same documents but just of your person, as the Beneficial Owner of the company, as its attorney, to enable us to issue the Power of Attorney in your behalf.

3 - Also 3 – 4 alternative names will be required to enable us to make the name search and approval for the company.

TIME REQUIRED GETTING YOUR COMPANY’S NAME APPROVED
Same day or next day latest.

TIME TO INCORPORATE
Depending on your option for a ready made company or for a brand new incorporation

Hope all above information meets your requirements and needs.

In case you may have any further matter or question to clarify, please don’t hesitate to contact us, before taking your decision.


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info@eurofinanzza.com

 

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