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Czech Republic Offshore Company Formation

The Czech Republic, in Central Europe, is known for its ornate castles, native beers and long history – from the Celtic and Germanic tribes of its founding to the Protestant Reformation and Communism. Prague, the capital, is home to a 9th-century castle, preserved medieval Old Town and statue-lined Charles Bridge. Český Krumlov is a living gallery of Renaissance-era buildings housing restaurants and shops.

Country: Czech Republic
Population: 10.5 million (estimated 2013)
Capital: Prague
Currency: Czech Koruna
Language: Czech

Czech Republic Offshore Company Formation £2360.00 + Vat
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Services Included Year 1 Year 2 onwards
Incorporation
Corporate Structuring
Government Fee  €180
Corporate Domicile £600
Accounting Data Address Optional Extra
Director & Nominee Service Optional Extra Optional Extra
Estimated renewal costs in year two: £965.00

Details of Limited Liability Company (S.R.O):

  • At least one director required
  • At least one shareholder required
  • Minimum share capital of CZK 100,000
  • Accounts and corporation tax required

Banks:

A member of our banking team will be able to advise on a suitable offshore bank account for a Czech Republic formation.

N.B. Banking does not have to be in the jurisdiction of incorporation and this cost can be reduced substantially by placing offshore banking in other overseas jurisdictions.

• Meet the Anti Money Laundering Requirements – In order to meet Anti Money Laundering Requirements you will need to provide a certified copy of the passport and current utility bill of each of the owners and shareholders. This is required even if you are using our Nominee Service. Translation of the due diligence and other supporting documentation to Chinese will be required. The additional costs for this will be calculated upon receipt of the documentation.

• Remote Formation – In order to enable Remote Formation, the directors and Shareholders will need to sign a Power of Attorney in the presence of a Notary Public, which must then be apostilled (via the Foreign & Commonwealth Office, or overseas equivalent), along with their valid passports Police Record Certificates. For Companies with more than one officer and shareholder, additional POA fees will apply.

• Documents are issued to you – Once the company has been incorporated, you will be issued with all of the Certificate of Incorporation, Memorandum and Articles of Association, Share Certificates and all other company documents as required by Law. These documents can then be used to open a bank account for the company.

• Financial Statements – Companies incorporated in Lithuania must all prepare and file financial statements. At all times Accounting Records must be maintained in accordance with Lithuania Accounting Legislation.

Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.