Establishing a Business in the Czech Republic

OPTIONS

Czech law enables foreigners to conduct trade activities under the same conditions and to the same extent as Czech entrepreneurs. Foreigners may become founders or co-founders of a company, or may join an existing Czech company. There is no upper limit on foreign investment.

Foreigners with business operations abroad may also run trade activities in the Czech Republic (CR) provided they own an enterprise or branch office in the CR.

Since April 1991, no formal approval is required from the Czech Ministry of Finance for foreign investment except when made through a large privatisation programme or when involving the banking/financial and defence sectors.

The Czech Commercial Code provides the following options for trade activities in the CR: