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Company Formation Guide
Czech Republic Company Formation
Get Czech Republic company formation consultations for general businesses as well as blockchain businesses. We will guide you through entire process, also with accounting & taxation.
Overview · 01
Czech Republic Company Incorporation
We provide one-stop support for Czech Republic company incorporation, tax registrations, and regulatory compliance.
Incorporation type
S.R.O. (LLC/limited liability company)
Base incorporation fee
EUR 4,000 (company formation)
Estimated timeline
Approx. 7–12 weeks total
Minimum capital: CZK 2 million (approximately EUR 80,000)
Timeline · 02
Required Time
- KYC, confirmation of required documents, preparation of incorporation documents, notarization, dispatch, etc.: 1–2 weeks
- Incorporation registration after documents arrive in the Czech Republic: 2–4 weeks
- Opening a bank account: 4–6 weeks
Total estimated time
7–12 weeks (including bank account opening)
Pricing · 03
Costs
| Service | Amount (EUR) |
|---|---|
| Company formation (LLC/corporation) | 4,000 |
| Obtaining importer license and EORI | 2,000 |
| Translation and notarization of company incorporation documents into English | 1,000 |
| Accounting/tax Starting from 550 per month | 550+/month |
| Appointment of an agent for customs duties | 1,800/month |
| Opening a bank account | 1,700 |
| Other services (customs broker, warehouse, logistics, etc.) Separate quote after confirming services | Quote |
Services · 04
Basic Services Included
- Kft establishment (company registration in person or via POA)
- Company registration tax
- Local and international VAT number registration (including EORI)
- Bank introduction for account opening
- English-Hungarian translation
- Registration of the representative's personal tax number and social security number
- Provision of company registered address (for the first year)
- Mail management service (for the first year)
Requirements · 05
Required Documents
(Individual)
- Copy of the shareholder/director's passport
- Proof of address of the shareholder/director (English certified copy)
- Identity verification
- Fill out the application form for establishment
(Corporation)
- Corporate documents (business registration certificate and others) Apostille notarization + Czech translation notarization
Note
This can be done through an administrative agent affiliated with CJ, and prior confirmation is required upon request.
(Establishment documents)
- Establishment documents and POA documents are notarized by visiting the Czech Embassy in Korea.
Notes · 06
Important Points to Note
Bank Account Opening
Opening a bank account varies by bank, but you usually have to visit the bank to open an account. Depending on the bank, companies whose sales exceed 3 million euros in the first year may be able to open an account without visiting the bank.
EMI (Electronic Bank) Option
Recently, there are many cases where EMI non-face-to-face account opening is being carried out, but since the transaction fee is higher than that of banks, we recommend using a bank account if you are trading large amounts. You can open an initial EMI account first and then open a bank account later.
Korean Corporation Shareholder
If the shareholder is a Korean corporation, the corporate documents must be notarized with an apostille and then translated and notarized into Czech. Usually, only the business registration certificate is notarized, but additional documents may be required depending on local regulations.
Document Submission Process
Once all the documents are ready, you can send them to our Korean office. After double-checking at the Korean office, the product will be shipped to the Czech Republic.