Main advantages
There are lots of advantages of opening a company in the Czech Republic.
There is no annual toll on the company in the Czech Republic.
The annual company tax in the country is relatively low compared to other European countries.
In most cases a local Czech company will be given preference over foreign companies in participation in government tenders.
Receiving finance from EU funds is possible only for companies registered in one of the EU countries such as the ...
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Advantages of starting a business in Prague
The average gross monthly salary in Prague is around CZK 25,000. There are also favorable tax rates, ...
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General requirements
A joint-stock company can be founded by a single person either natural or legal. In this type of company the registered capital ...
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General requirements
A limited liability company is founded by signing a partnership agreement if founded by two or more individuals. The founders ...
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Building a positive attitude
If you are planning to set up business in the Czech Republic, it is wise to learn at least some basic phrases on ...
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Obtaining finances
Obtaining your finance for starting own business is the next step after market research, location research and business planning. It is recommended to talk to your accountant about possible ways of doing it.
Here are the following options.
Bank finance. For this option you should approach bank with a well written business plan, so they could see why the money is required, the exact amount needed and how it will help develop your business and potential growth.
Stock ...
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Fundamental supplies
If you are planning to set up business in the Czech Republic you will probably need to use office supplies and equipment. There ...
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What is accounting?
Bookkeeping or accounting involves documenting all the financial transactions of firms or individuals. It may be single or ...
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Czech labor force
The Czech Republic has a skilled and educated labor force. All employers in the country are required to conclude an employment ...
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