Prague is the
capital city of Czech Republic and the most important city from an economic, political and cultural point of view. Thus, the investors interested in setting up their
commercial operations in Czech Republic can find here the most relevant business opportunities.
Prague receives on a yearly basis millions of tourists, being one of most attractive cities in
Central Europe. At the same time, according to the data provided by the
European Commission,
Prague represents a
top business destination, due to the fact that it has a stable and developed economy. Moreover,
Prague has a high potential for
economic growth and
our team of lawyers in Czech Republic can provide more information on the legal requirements for
setting up a company here.
Quick Facts | |
How can we help investors start a business in Prague? | Guiding clients throughout the incorporation process in Prague by managing the paperwork and communicating with the relevant authorities |
Services provided by our lawyers in Prague | Representation in business formation, divorce process, company litigation, trademark registration, company liquidation, etc. |
Business registration steps | - preparing the Articles of Association, - opening a bank account, - registering for taxation, - applying for licenses and permits |
Guidance for licenses and permits in Prague | General and professional trade licenses are available in Czech Republic. In the case of non-EU and British citizens, extra formalities are imposed for issuing special licenses and permits, among which presenting a residence permit and criminal clearance report. |
Legal advice for commercial disputes | A series of proposals can be offered to close a commercial dispute through the amicable procedure. |
Power of attorney | We represent clients with power of attorney for business formation, property purchase, commercial litigations, etc. |
Legal advice for property purchase in Prague | Our lawyers in Prague can verify the documents of property and represent clients in front of the notary when signing the sale-purchase contract. |
Mergers and acquisitions in Prague | - planning and preparing the transaction, - legal and tax due diligence, - financial flow optimization, - reorganizations, - legal advice for post-transactions |
Company liquidation (YES/NO) | Yes |
Support for business tax registration | We assist clients in registering their businesses for tax purposes. |
Debt collection (YES/NO) | Yes |
Immigration issues we can manage | - obtaining a visa for entering Czech Republic, - work and residence permits, - refugee and asylum, - citizenship |
EORI registration in Prague | For economic operators who want to start import and export activities within the EU |
Representation in the court of law (YES/NO) | Yes |
Why choose our lawyers in Prague? | - promptness, - efficiency, - professionalism, - advantageous prices for complex legal services |
Invest in Czech Republic helped by our lawyers in Prague
With one of the most developed economies in
Central and Eastern Europe,
Prague sets out as one of the
most attractive cities for
investment opportunities. Foreign investors can benefit from a legal system encompassing the European Union’s (EU) regulations and they can choose from numerous
legal entities.
Foreign businessmen are allowed to
establish a company with a
full foreign ownership, but at the same time they can also set up an
investment fund in Czech Republic with the professional help of our
lawyers in Prague.
In this sense, we mention that the local legislation related to
investment vehicles was modified in 2015, allowing the
creation of new investment funds, following the regulations of the EU. At the same time, investors should know that the
Czech Income Tax Act was also modified, establishing a
new taxation regime for such
vehicles, on which
our team of lawyers in Prague can provide more details.
Opening a company in Prague
One of the main reasons for
setting up a company in Prague, Czech Republic, is related to the fact that the city is the main provider for the country
Gross Domestic Product (GDP). At the level of 2014,
24,6% of the Czech GDP was generated by the commercial and investment activities in
Prague.
Most of the
investors in Prague, Czech Republic, prefer to establish a
limited liability company, as a consequence of the advantages provided to the
company’s shareholders, who are liable for the business’ liabilities only in respect to their share participation.
Natural persons can receive assistance on numerous legal aspects, related to the
purchase of a property in Prague or other
civil matters, for example, the
marriage regulations imposed by the
Czech authorities, or those referring to
obtaining the Czech citizenship. Contact our
lawyers in Prague for professional assistance.