The scope of operation of a Czech Republican Representative Company will be defined by the parent company. In addition the parent company will be accountable for all the Liabilities of its Representative.

A  Czech Republican Representative office is liable to the same reporting, tax and audit requirements as a resident company.

Key Features Czech Republican Representative

Czech Republic Representative Office

Corporate Details

General

  • Type of Entity

Representative Office

  • 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

none

Managers

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Members

  • Minimum number

Parent company

  • Publicly accessible records

No

  • Corporate shareholder allowed

Parent company

  • 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

Tax treatment

A Czech Republican Representative Branch can not Trade

Distinctive Advantages of Czech Republic Representative

  • Nominee Services are permissible
  • The Czech Republic has numerous Double Taxation treaties
  • 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