Open a Joint Stock Company in Czech Republic

Would you like to set up a joint stock company in the Czech Republic and need guidance? You can read this article and also access our services online for in-depth support and personalized assistance. Get your offer today and skip the complexities of opening this structure on your own.

How is a joint stock company known in the Czech Republic?

JSC,
Akciová společnost or A.S.

Do I need a local partner to open a Czech joint stock company?

No.

What is the minimum share capital for a Czech JSC?

CZK 2 million or around EUR 80,000.

IMPORTANT: At least 30% of the minimum share capital must be deposited in a local bank at the time of company incorporation in the Czech Republic, respectively for the JSC.

Please explore this infographic with details on Czech JSC:

What are the key conditions to open a joint stock company in the Czech Republic?

ensure a local business address first,
verify and reserve a unique business name for your joint stock company,
appoint an authorized agent to deal with the incorporation & formalities (one of our Czech agents can act via proxy),
open a Czech bank account,
information about the board of directors, with residential address and an extract from the criminal record, is needed,
tax registration must be done with the local financial administration,
officially certified signatures of managers are also required.

NOTES:

all foreign documents must be translated into Czech and then notarized & apostilled,
an apostilled criminal record extract must be presented,
a joint stock company in the Czech Republic can also have a virtual office/domiciliation.

Do I need a Czech trade license to start operations as an JSC?

Yes, you will need to obtain a Czech trade license before carrying out your activities.

Where do I apply for opening a JSC in the Czech Republic?

At the Commercial Registry/Czech Trade Register.

Are there any post-incorporation steps for a JSC in the Czech Republic?

register your staff with Social Security,
pass through the immigration stages if you hire staff from abroad,
get the company stamp, etc.

What is the time frame to open a Czech joint stock company?

About 2-4 weeks.

What types of services do you offer for setting up a joint stock company in the Czech Republic?

We can:

draft and submit the documentation,
translate & notarize documents via our local partners,
apply for visas & residency permits for foreign staff,
register for taxation,
register your trademark,
apply for a company seal, and many more.

What are the costs for setting up a company in the Czech Republic?

Here are some of the costs. Please note that these prices are estimates and may vary:

EUR 460 – our company formation services fee,
EUR 200 – registered business address in the Czech Republic,
CZK 8,000 (about EUR 330) – Commercial Register fee when the notary registers the a.s. directly (CZK 12,000, about EUR 495, if filed with the court),
UBO (Ultimate Beneficial Owner) registration – free if transferred automatically from the Commercial Register; otherwise a notary charge of about CZK 1,100–2,500 plus VAT or a court fee of CZK 4,000.

Interested in opening a joint stock company in the Czech Republic? You may also collaborate with our Czech accountants and opt for full services from the start. We invite you to contact our specialists in company incorporation in the Czech Republic and find out full details about the services offered in this country.