Doing business in Czech Republic
Discover your business opportunities and invest in Czech Republic
Why is it worth investing in Czech Republic?
The Czech Republic is located in the center of Europe and one of the biggest advantages is its location, thanks to which is accessible from all the main communication routes. Also, Brno city is often referred to as a „Silicon Valley in the heart of Europe“ thanks to many IT startup projects and progressive research and development sectors. The city is also ranked as the 22nd most attractive city in the world to IT talents.
The Czech Republic has 10,69 million inhabitants and its economy has traditionally been one of the most developed in Europe. Also, our GDP reaches the level of the most developed countries in the world.
Such as governmental grants, special economic zones, real estate tax exemptions, support for R&D activity etc.
Czech Republic’s economy, as well as its currency, remains stable throughout recent years. Unemployment rate with its 4,57% in January 2023 is the lowest throughout Europe.
Well-educated specialists in the fields of economics, science, IT with proficiency in foreign languages.
Opening a business in the Czech Republic – how can we help?
Crowe offers full scope of support for setting up a business in Czech Republic efficiently, with an approach tailored to the clients’ needs. We have many years of experience in serving foreign clients who are entering the Czech market or developing their business in Czech Republic, and who are looking for solutions which best fit their specific business model.
We support companies that want to:
- Open a company in the Czech Republic
- Open a branch in the Czech Republic
- Buy a ready-made company
- Invest in a Czech company
- Acquire a Czech company / conduct M&A transaction
- Expand business in the Czech Republic
- Relocate business to Czech Republic / Move specific operations to the Czech Republic
Starting business in the Czech Republic – scope of support:
- Advice on choice of structure
- Advice on international and local tax treatment
- Company set-up:
- Limited Liability Company in the Czech Republic
- Branch in the Czech Republic
- Joint stock company in the Czech Republic
- Registration for tax purposes (including VAT registration)
- Assistance with the opening a bank account in the Czech Republic
- Establishment of an electronic signature
- Registration in the CRBR (Central Register of Beneficial Owners)
- Advice on finance structure
- Advice on employment structure and contracts
- Trademark registration with the Czech Patent Office
- Advice on local regulatory permissions/licences
Running business in the Czech Republic - ongoing support:
- Accounting outsourcing in compliance with Czech regulations
- Payroll and HR Administration outsourcing
- Ongoing corporate compliance and company secretarial services
- Advising on corporate income tax (CIT)
- Advising on value added tax (VAT)
- Assistance during tax and fiscal inspections
- Assistance with investment structures
- Ongoing tax advice
- Audit of financial statements
- Corporate law
- Labour law (Employment Law & Benefits)
- Commercial law (contracts, intra-group contracting)
- M&A transactions (legal due diligence, legal structuring, post-merger integration)
- Advice on all matters related to purchase of commercial real estate by foreigners
- Intellectual property protection
All our services are provided in Czech or English.
Doing Business in Slovakia
