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Doing business in Czech Republic



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Czech Republic has a corporate tax rate of 19%. Companies that operate under VAT have to pay tax on purchases at 21%. Certain services, like those related to foodstuffs (excluding essential child nutrition),some of the soft drinks, take away food, water supplies, medical equipment for disabled persons, children's car seats, and others, benefit from a 15% VAT rate.
Popular company applications
Czech corporate structures are mostly used for:

  • Trading company
  • Local branch office
  • VAT Company
  • Ready-made company
Corporate Registration requirements
Requirements for registering a company in Czech Republic include:

  • Requires at least 1 director
  • Requires at least 1 shareholder
  • Minimum share capital 1 CZK