This type of entity can be incorporated by having one shareholder and one Director and they can be of any nationality, However if the company is publically listed three directors will be appointed.

Key Features Czech Republic Joint Stock Company

Czech Republic Joint Stock Company

Corporate Details

General

  • Type of Entity

Joint Stock Company

  • Registered Office in Czech Republic

No (but must have a registered local agent)

  • Access to Double Taxation Treaties

No

Share Capital or equivalent

  • Standard Currency

Czech Koruna

  • Minimum  Paid up capital

1€ (CZK) 1

Managers

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Members

  • Minimum number

One

  • Publicly accessible records

No

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere

Company Secretary

  • Required

No

  • Local or qualified

No

Accounts

  • Requirements to prepare

No

  • Audit requirements

No

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

Yes

Tax treatment

Corporate tax for a Czech Republican Joint Stock Company is 19%.

Distinctive Advantages of Czech Republic Joint Stock Company

  • Nominee Services are permissible
  • The Czech Republic has numerous Double Taxation treaties
  • Access to various trade markets in the European Union (EU)
  • A Limited company legitimizes itself for many business activities
  • Business expenses can be claimed against tax

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.