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 | 12,900 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.