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(by Act No. 222/2017 Coll., amending Act No. 326/1999 Coll., on the Residence of Foreign Nationals in the Territory of the Czech Republic and on Amendments to Some Acts, as amended, and other related Acts)

 

Administrative fees

• For applications filed by third country nationals in the territory of the Czech Republic, administrative fees have been introduced for reception of the application. No administrative fee will continue to be charged for reception of an application for a certificate of temporary residence (EU citizens), for temporary residence permit and for permanent residence permit of an EU citizen or their family member.
• Administrative fees are collected in the form of a fee stamp. It is not possible to pay an administrative fee in cash or with a payment card because the offices of the Ministry of the Interior are not equipped for that – there are no cash registers or terminals for receiving payments made by a card in the offices.

ISSUE OF A RESIDENCE PERMIT
Type of application	Fee
	for reception of an application	for issue of a card
application for issue of a long-term residence permit	1,500 CZK	1,000 CZK
- application from a person younger than 15 years	700 CZK	300 CZK
application for issue of an employee card	1,500 CZK	1,000 CZK
application for issue of a Blue Card	1,500 CZK	1 000 CZK
application for issue of a card of an intra company transferred employee	1,500 CZK	1,000 CZK
application for a permanent residence permit	1,500 CZK	1,000 CZK
- application from a person younger than 15 years	700 CZK	300 CZK
application for issue of a long-term residence permit to allow exceptional leave to remain	300 CZK	200 CZK

 

RENEWAL OF A RESIDENCE PERMIT OR A CARD
Type of application	Fee
	for reception of an application	for issue of a card
application for renewal of a long-term residence permit	1,500 CZK	1,000 CZK
- application from a person younger than 15 years	700 CZK	300 CZK
application for renewal of an employee card	1,500 CZK	1,000 CZK
application for renewal of a Blue Card	1,500 CZK	1,000 CZK
application for renewal of a card of an intra company transferred employee	1,500 CZK	1,000 CZK
application for renewal of a permanent residence permit card and a recognised refugee’s residence permit card	1,500 CZK	1,000 CZK
application for renewal of a card of a person under temporary protection	700 CZK	300 CZK
application for renewal of a long-term residence permit to allow exceptional leave to remain	700 CZK	300 CZK

 

Long-term residence permit

• An application for renewal (prolongation) of all long-term residence permits (including employee cards) is to be lodged last day of the validity of existing long term residence permit at the latest. Application can be lodged 120 days before the expiry date of the existing permit at the earliest.
• If the time limit for filing an application for renewal of a long-term residence permit (for residence based on a long-term visa) or renewal of a long-term residence permit ends on a Saturday, Sunday or a public holiday, the application can still be filed on the following workday.
• New types of long-term residence permits have been introduced, specifically a card of an intra company transferred employee (for foreign nationals who are transferred within a company from a state, which is not an EU member state, to the Czech Republic) and a card of an intra company transferred employee from another member state of the European Union (for foreign nationals who have already been transferred within a company to an EU state and wish to be transferred from that state to the Czech Republic now).

 

Long-term residence permit for the purpose of business

• The new required attachment to the application is a document on confirmation of no outstanding payments or a document on confirmation of no outstanding payments of a business corporation where the foreign national is a statutory body.

Absence of outstanding payments is to be proved by certificates from:

• the authorities of the Financial Administration of the Czech Republic (Tax Authority);
• the authorities of the Customs Administration of the Czech Republic;
• the district (municipal, Prague) social security administration;
• the relevant medical insurance company, if the foreign national participates in public medical insurance.

The certificate must not be older than 30 days.

• A foreign national will not be eligible to apply for a new long-term residence for the purpose of business (referred to as the “change of purpose”) until he or she stays 5 years in the territory of the Czech Republic. Foreign nationals who are staying in the country with a long-term residence permit for the purpose of family unification are exempt from this rule.
• Absence of outstanding payments is assessed for a long-term residence for the purpose of investment, both for an application for a permit and for an application for its renewal, as well as in the proceedings on an application for a long-term residence permit for the purpose of business. If a business corporation, in which or to which a foreign national is transferred on an intra company basis, stops being free of debt, the validity of the foreign national’s card of an intra company transferred employee or the card of an intra company transferred employee from another member state of the European Union can be terminated.

 

Employee cards

• It is not possible to issue or renew an employee card of a foreign national who holds the position of a partner (including a member of a cooperative), the position of a member of a statutory body or another body of a commercial company or holds the position of a member of a cooperative or the position of a member of a statutory body or another body of a cooperative and performs tasks for this legal entity arising from the type of its activity defined in its objects clause.
• A holder of an employee card has a possibility to find a new employment within 60 days of the termination of his or her employment, for which the employee card was issued to him or her, and to apply for an approval of the change of his or her employer no later than within this time limit. Otherwise the validity of the employee card will be terminated.
• An applicant for renewal of an employee card has an opportunity to find a new employment within 60 days of the termination of his or her employment, for which the employee card was issued to him or her, and to apply for an approval of the change of his or her employer no later than within this time limit. If a foreign national residing in the country with a permit referred to in Section 47, par. 4 of the Act on the Residence of Foreign Nationals (referred to as the “fiction of validity of an employee card”) fails to apply for the approval within 60 days of the termination of the employment, the fiction of validity of an employee card will be terminated and the foreign national will be obliged to leave the territory of the Czech Republic.
• A new required attachment to an application for approval of a change of employer filed by a holder of an employee card is a document confirming that the employment, for which the employee card was issued, continues to exist or that it ended less than 60 days ago. (A certificate from the employer on the continued existence of the employment, a notice of termination of employment, an agreement on termination of employment can be such a document).
• If a holder of an employee card is employed in an additional job position, the condition that the weekly working hours must be at least 15 hours and that at least the minimum wage must be paid will be waived.

 

Temporary residence permit for a family member of an EU citizen

• An application for a temporary residence permit is to be filed in person in an office of the Ministry of the Interior.
• A third-country national who is a family member of a citizen of the Czech Republic staying in the territory of the Czech Republic without authorisation or with an exit order (except for an exit order issued after expiration of the period of subsidiary protection granted in the Czech Republic and after waiver of an asylum granted in the Czech Republic) is not eligible to file an application for a temporary residence permit – the fiction defined in Section 87y of the Act on the Residence of Foreign Nationals will not benefit such an application and the proceedings on his or her application will be discontinued pursuant to Section 169r(1)(j) of the Act on the Residence of Foreign Nationals.

 

Permanent residence permit

• A permanent residence permit without the condition of previous uninterrupted stay in the territory of the Czech Republic for the reason of a partnership with a foreign national with permitted permanent residence in the country will no longer be issued to a foreign national who applied for it as an adult dependent child of such foreign national. Under the specified conditions, it will only be possible to issue a permanent residence permit to a minor foreign national.

 

Long-term visas

• An application for renewal of the validity and the period of stay with a long-term visa is to be filed at least 90 days before its expiration date.
• Failure to submit the required attachments to an application for issue or for renewal of the period of validity or residence with a long-term visa when such an application is filed will result in such an application being inadmissible and the proceedings on such an application will not be commenced. If a foreign national files such an application, he or she will not even acquire the authorisation to stay defined in Section 60(4) of the Act on the Residence of Foreign Nationals (referred to as the “fiction of the validity of a long-term visa”).
• Furthermore, if an application for issue or renewal of the period of validity or residence with a long-term visa was not filed using the official application form or if the administrative fee for its reception was not paid, such an application will also be inadmissible.
• A new purpose of a long-term visa has been introduced, specifically a long-term visa for the purpose of seasonal employment has been introduced.

 

Filing an application

• An application for a long-term visa and an application for a long-term residence permit or a permanent residence permit is inadmissible, if the foreign national did not make a prior appointment at the embassy for filing the application.
• It is mandatory to submit the originals of the travel document, documents from the vital statistics office and the document on the purpose of residence in the territory of the Czech Republic.

We help entrepreneurs in setting up limited liability companies. We take care of all the necessary steps towards the successful registration of the s.r.o. in the Commercial Register of the Slovak Republic. We arrange the foundation of an s.r.o. in the Czech Republic. Everything can be arranged online, without the need for a personal visit. In case you need to start your business right away, we have ready-made companies in the Slovak Republic (not VAT registered, VAT registered). These are off-the- shelf companies that you can buy and start your business immediately.

A limited liability company can issue a share certificate as a security representing shares. Its transferability should not be restricted in any way. It may be issued as documentary, and with a payable-to-order clause, i.e. as a registered share.

One advantage is the informality and speed of transfer (endorsement, transfer, and an oral share transfer agreement).

Deciding whether to establish an a.s. or buy a ready-made company, ready to start business immediately? Made-to- measure and purchased joint stock companies also have their advantages. But if you decide to found your company, keep in mind that the entire process is about 10 days longer and that it works out just slightly more cost effective. Look at the comparison of costs and time, and judge for yourself which one is more interesting for you.

 

Establishment costs for an a.s. and transfer of a ready-made a.s.

	Founding an a.s. yourself	Transfer of an already founded ready-made a.s.
Duty stamp to be paid to the Commercial Register	12,000 CZK	12,000 CZK
Duty stamp to be paid to the Trades Register	1,000 CZK	1,000 CZK
Notary’s fee for writing down a notarial deed	15,550 CZK inc. VAT	15,550 CZK inc. VAT
Costs of verification of signatures	approx. 500 CZK	approx. 750 CZK
Duty stamp to be paid to the Commercial Register / petition to enter a change	0 CZK	2,000 CZK
Costs	29,050 CZK	31,300 CZK

 

Time demands

Founding an a.s yourself	Transfer of an already founded ready-made a.s.
1 day - writing down a notarial deed in a notary office	1 day – signing all the documents for the sale of the company; the client is already leaving as the member of the board of directors of the ready-made company, and can open a bank account on the same day! Already on the same day or the following day you may apply for voluntary registration for VAT; you do not have to wait for your registration in the Commercial Register!
1 day - the administrator of contribution goes to the bank to open a technical account for the deposit of registered capital; ideally, the registered capital is repaid at the counter immediately; if the funds are transferred to the technical account, the bank will issue a “confirmation” by the next day; he therefore needs to repay at least 30% of the registered capital, i.e. 300,000 CZK, on the same day	1 day – writing a petition and its filing with the Commercial Register
1 day – collection of the “confirmation of the deposit of registered capital” in the bank	5 days – statutory deadline for registration of changes into the Commercial Register
1 - 2 days – submission of a petition for registration to the Trades Licensing Office, including the consent to the placement of the registered office
1 day – submission of the application to the Commercial Register kept by the applicable Municipal Court
5 days – statutory deadline for registration of the company into the Commercial Register
1 day – a member of the board of directors goes to the bank to “swap” the so-called technical account to a current account, and can release the registered capital to the current bank account
1 day – filing a petition for registration for corporate income tax with the Financial/Tax Authority (statutory obligation: within 30 days of incorporation)
1 - 30 days – handling registration for VAT (it is necessary to supply detailed documentation, including your business plan, the statutory deadline for settlement is 30 days, if the Financial/Tax Authority requires additional information, it will automatically extend the deadline)
Conclusion: Ideally, you can act on behalf of the company within 10 - 11 working days (note that this does not include weekends or holidays), and only then apply for registration for VAT, whose processing takes approximately 15 days (depending on the particular Financial/Tax Authority); you must also not forget the fact that throughout the company registration process, the paid-up registered capital, i.e. at least 300,000 CZK, is blocked in the bank. In our case, the companies already have paid-up registered capital to 100%, i.e. 2,000,000 CZK	Conclusion : You can act on behalf of the company with 100% of the paid-up registered capital of 2 million and open a bank account on the day of our meeting; on the same day it is also possible to file a registration for VAT, whose processing takes approximately 15 days (depending on the particular Financial/Tax Authority). Thanks to us, you can simultaneously deal with the transfer and register for VAT, and you do not have to wait another five working days before the changes are entered in the Commercial Register

 

Wondering whether to establish a limited liability company on your own and save a few crowns, have an established company transferred to you, or even have a company founded? We will help you decide. We specialise in the sale of ready-made companies, and the sale of s.r.o. companies tailored to your specific requirements. See for yourself that a ready-made s.r.o. from us is really rewarding.

A limited liability company may be established also by 2 or more fonders. If you want to know more information, read the comparison of costs and time needed for the establishment and purchase of an s.r.o. for 2 and more founders.

 

“Simple” s.r.o. (suitable for 1 founder)

	Founding an s.r.o. yourself	Transfer of an already founded ready-made s.r.o.
Duty stamp to be paid to the Commercial Register	0 CZK	0 CZK
Duty stamp to be paid to the Trades Register	1,000 CZK	1,000 CZK
Notary’s fee for writing down a notarial deed and a memorandum of association	5,118 CZK inc. VAT	5,118 CZK inc. VAT
Costs of verification of signatures	approx. 250 CZK	approx. 500 CZK
Duty stamp to be paid to the Commercial Register / petition to enter a change	0 CZK	2,000 CZK
Costs	6,368 CZK	8,620 CZK
Price of foundation of an s.r.o. / Purchase of a ready-made s.r.o. from our office	11,900 CZK	14,900 CZK

 

Time demands

Founding an s.r.o. yourself	Transfer of an already founded ready-made s.r.o.
1 day - writing down a notarial deed in a notary office	1 day – signing all the documents for the sale of an s.r.o.; the client is already leaving as the managing director of the ready-made company, and can open a bank account on the same day! Already on the same day or the following day you may apply for voluntary registration for VAT; you do not have to wait for your registration in the Commercial Register!
1 day - the administrator goes to the bank to open a technical account for the deposit of registered capital; ideally, the registered capital is repaid at the counter immediately; if the funds are transferred to the technical account, the bank will issue a “confirmation” by the next day	1 day – writing a petition and its filing with the Commercial Register
1 day – collection of the “confirmation of the deposit of registered capital” in the bank	5 days – statutory deadline for registration of changes into the Commercial Register
1 - 2 days – submission of a petition for registration to the Trades Licensing Office, including the consent to the placement of the registered office
1 day – submission of the application to the Commercial Register kept by the applicable Municipal Court
5 days – statutory deadline for registration of the company into the Commercial Register
1 day – the managing director goes to the bank to “swap” the so-called technical account to a current account, and can release the registered capital to the current bank account
1 day – filing a petition for registration for corporate income tax with the Financial/Tax Authority (statutory obligation: within 30 days of incorporation)
1 - 30 days – handling registration for VAT (it is necessary to supply detailed documentation, including your business plan, the statutory deadline for settlement is 30 days, if the Financial/Tax Authority requires additional information, it will automatically extend the deadline)
Celkem: Total: At the earliest 10 - 11 working days!	Total: 1 day!

 

Caution!

• The time required for the establishment of an s.r.o. does not include weekends and public holidays.
• Only after the establishment of an s.r.o. can you apply for VAT registration, whose processing takes approximately 15 days (depending on the particular Financial/Tax Authority).
• Thanks to the purchase of a ready-made company, you can submit your registration for VAT.
• Already on the same day as registration you can concurrently address the transfer, without having to wait another five working days before the changes are entered in the Commercial Register.

Wondering whether to establish a limited liability company on your own and save a few crowns, have an established company transferred to you, or even have a company founded? We will help you decide. We specialise in the sale of ready-made companies, and the sale of s.r.o. companies tailored to your specific requirements. See for yourself that a ready-made s.r.o. from us is really rewarding.

A limited liability company may be established also by only 1 fonders. If you want to know more information, read the comparison of costs and time needed for the establishment and purchase of an s.r.o. for 1 founder.

 

“Classic” s.r.o. (with multiple shares) for 2 or more founders

	Founding an s.r.o. yourself	Transfer of an already founded ready-made s.r.o.
Duty stamp to be paid to the Commercial Register	6,000 CZK	6,000 CZK
Duty stamp to be paid to the Trades Register	1,000 CZK	1,000 CZK
Notary’s fee for writing down a notarial deed and a memorandum of association	4,900.50 CZK inc. VAT	4,900.50 CZK inc. VAT
Costs of verification of signatures	approx. 250 CZK	approx. 500 CZK
Duty stamp to be paid to the Commercial Register / petition to enter a change	0 CZK	2,000 CZK
Costs	12,150 CZK	14,400 CZK
Price of foundation of an s.r.o. / Purchase of a ready-made s.r.o. from our office	17,900 CZK	19,900 CZK

 

Time demands

Founding an s.r.o. yourself	Transfer of an already founded ready-made s.r.o.
1 day - writing down a notarial deed in a notary office	1 day – signing all the documents for the sale of an s.r.o.; the client is already leaving as the managing director of the ready-made company, and can open a bank account on the same day! Already on the same day or the following day you may apply for voluntary registration for VAT; you do not have to wait for your registration in the Commercial Register!
1 day - the administrator goes to the bank to open a technical account for the deposit of registered capital; ideally, the registered capital is repaid at the counter immediately; if the funds are transferred to the technical account, the bank will issue a “confirmation” by the next day	1 day – writing a petition and its filing with the Commercial Register
1 day – collection of the “confirmation of the deposit of registered capital” in the bank	5 days – statutory deadline for registration of changes into the Commercial Register
1 - 2 days – submission of a petition for registration to the Trades Licensing Office, including the consent to the placement of the registered office
1 day – submission of the application to the Commercial Register kept by the applicable Municipal Court
5 days – statutory deadline for registration of the company into the Commercial Register
1 day – the managing director goes to the bank to “swap” the so-called technical account to a current account, and can release the registered capital to the current bank account
1 day – filing a petition for registration for corporate income tax with the Financial/Tax Authority (statutory obligation: within 30 days of incorporation)
1 - 30 days – handling registration for VAT (it is necessary to supply detailed documentation, including your business plan, the statutory deadline for settlement is 30 days, if the Financial/Tax Authority requires additional information, it will automatically extend the deadline)
Celkem: Total: At the earliest 10 - 11 working days!	Total: 1 day!

 

Caution!

• The time required for the establishment of an s.r.o. does not include weekends and public holidays.
• Only after the establishment of an s.r.o. can you apply for VAT registration, whose processing takes approximately 15 days (depending on the particular Financial/Tax Authority).
• Thanks to the purchase of a ready-made company, you can submit your registration for VAT.
• Already on the same day as registration you can concurrently address the transfer, without having to wait another five working days before the changes are entered in the Commercial Register.

We have companies with history, s.r.o., a.s., and SE, founded in 2007 to 2012, which means during the period when most of our competition did not exist! Our offer also includes, for example, a company from 2012 which is a QUARTERLY VAT PAYER; a company with an active account and properly maintained accounting.

We will create an s.r.o. for you in 1 day! Does that seem incredible?! Unrivalled service and speed. On the day of foundation, you can leave with an extract from the Commercial Register. For more information call +420 724 342 534.

 Foundation of an s.r.o. easily and without any unnecessary worries

We help new entrepreneurs in setting up limited liability companies and other types of companies. We take care of everything you need, and all you have to do is sign the documents. We can found an s.r.o. for you anywhere in the Czech Republic. Thanks to our online system, founding an s.r.o. can be implemented even without a personal visit. Everything else can be taken care of via phone, e-mail, or mail.