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Company Foundation
LLC (Ltd., s.r.o)

What is Limited Liability Company?

 

LLC stands for Limited Liability Company also known as Ltd. in the UK, s.r.o in Czech republic, GmbH in Germany or SARL in France. The limited liability company is the most common form of business corporation in the Czech Republic. It is regulated by the Business Corporations Act and Civil Code.

 

The basic attributes of the limited liability company are:

 

  • it can have from 1 up to 50 owners;
  • minimum amount of the company’s registered capital is CZK 1 (but recommended minimal registered capital is CZK 1,000 );
  • real or virtual address;
  • minimum time needed to establish LLC is 7 days;
  • Czech citizenship in not required for LLC ownership or director;
  • VAT registration required if annual revenue exceeds CZK 1,000,000 ;
  • optional name (it must not be interchangeable with any already existing name of another company);
  • obtaining the trade license is required (unless the company’s business activity includes only management of own property, letting of real estate, residential units and non-residential units or a special permit is required);
  • LLC is established by a Memorandum of Association containing basic information about the company and signed by all the founders;
  • the company has to be registered in the Commercial Register.

 

 

If you have any other questions regarding LLC please contact us.

 

 

Company Name

Please kindly note that we have to double-check the availability first,therefore please state at least 2-3 alternatives in case the preferred name would not be available.
Add name

Shareholder(s)

IMPORTANT: Please note that in case of a share, a document similar to the extract from the Commercial Register must be provided, it shall be clear: (i) that the entity has been properly registered and exists; (ii) the changed registered office of such an entity; and (iii) a representative authorized to act on its behalf. Documents cannot be older than 2 months.

Superlegalization or apostille may be required depending on the location of the issuing authority.

Residency address

Add person
Add legal entity

Capital

Please note that the minimum registered capital is CZK 1, however we strongly advise to choose a higher amount (e.g. CZK 1.000 is perfectly fine).

Address

IMPORTANT: Please note that we can assist you with obtaining a “virtual” registered seat via a provider we cooperate with for an additionall fee of approximately EUR 150/year. If you would not like to use the virtual office then you will need a written consent of the owner of a real estate signed by a certified signature (provided by us).

(optional – additional EUR 150/year)

Main Business(es)

Only a general trade license is included. Regarding special trade license please contact us and our specialists will get in touch with you to discuss further details.
Add business Check trade licences

Director(s)

IMPORTANT: Each director needs to provide a Police clearance certificate / Extract from a criminal register (except for U.S. and British citizens) not older than 2 months. Superlegalization may be required depending on the location of the issuing authority.

The way directors shall act on behalf company:

Residency address

Add director

Billing details

natural person
legal entity

Summary

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Company Name

Preferred name(s) of the s.r.o.

Shareholder(s)

Capital

Registered capital

Address

Address of the registered seat in Czech Republic

, ,

Main Business(es)

Main business(es)

Director(s)

Billing details

Foundation*
1200 Eur
TOTAL PRICE:
1200 Eur

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