Company formation in Czech Republic
s.r.o.
Legal minimum, year 1£334
Legal minimum, per year after£100
Typical year 1£2,064
Corporation tax21%Ease Banking
Every fee
Setting up
Government fee£34
CZK 1,000 trade licence; registry free via notaryNotary deed£100 to 260
Required
Registered address£100 to 300
Required
Formation agent£0 to 500
Optional
Share capitalCZK 1
Time to form1 to 2 weeks
Running it, per year
Registered address£100 to 300
Required
Accountant£0 to 2,400
Practically needed
Legal minimum after year 1£100
Audit: Exempt below thresholdsForeign ownersNo resident directorNotary deed; power of attorney possible
Tax21%Dividend withholding: 15% (35% non-treaty)VAT/GST: 21%
BankingWorkable with a visit
SourcesPwC tax summary
Questions
- How much does it cost to set up a company in Czech Republic?
- The legal minimum for the first year is £334, counting only what the law requires and doing every filing yourself. A typical first year, with an accountant, costs about £2,064. The government fee is £34 (CZK 1,000 trade licence; registry free via notary). Share capital is not included.
- How much does it cost per year to run a company in Czech Republic?
- The legal minimum after the first year is £100 a year. Running costs including optional and practically needed services range from £100 to 2,700. Audit: Exempt below thresholds.
- Do I need a local director in Czech Republic?
- No. No resident director.
- Can a non-resident form a company in Czech Republic remotely?
- Not fully. Notary deed; power of attorney possible.
- What is the corporation tax rate in Czech Republic?
- 21%. Dividend withholding: 15% (35% non-treaty). VAT/GST: 21%.
- How long does it take to form a company in Czech Republic?
- 1 to 2 weeks.
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