Don’t have to establish a company complicatedly, just buy a ready-made company

On the contrary, establishing a company and starting a business yourself can cost you a considerable effort in the beginning. Although the current legislation promises a company to be established on the Internet, it is said that within an hour... but here it is called “A” and withholds “B”. “Starting” a company is not the same as “creating”. Going to a notary is definitely not enough - starting a usable company within an hour is completely out of touch with reality.

Why? You have to make an appointment with a notary and write a notarial deed, with a notarial deed to go to the bank and solve the opening of an account and pay off the registered capital (yes, companies under 20,000 can be established even without a bank, but there is always quid pro quo, isn’t it ...*) and have prepared documents proving the origin of the capital. For foreigners residing outside the Czech Republic, let alone outside the EU, it is a huge problem to open an account with the bank. If a foreigner succeeds, it takes months. After the registered capital has been paid off a confirmation of its payment must be collected. Subsequently, it is necessary to register a trade (for a company not yet established - i.e., without using a data box), for which it is necessary to bring to the office always a letter with duly granted consent to place the registered office with a verified signature and a certificate of ownership (title deed), sometimes also other documents (e.g. education documents, etc.). After the office registers the trade (approx. 8 to 30 days for the basic ones), it is necessary to prepare and submit an application for registration to the registry court with annexes, or you can make again an appointment with the notary, request an extract from the criminal record, submit all the documents obtained, including a correctly worded affidavit, etc. The notary will write a notarial record and enter the company into the Companies Register. It is also necessary to make an entry to the register of the beneficial owners! Once the company’s executive has obtained access data to the data box, it is necessary to register for taxes, using forms with attachments. And you crossed the finish line – the run around the offices is behind you, that is, if you do not get lost in the sequence of steps and professionally dare to provide documents as well as appropriate company settings with regard to the relations between partners. However, at the end it is not exceptional that one of the authorities prompts for replenishment of documents and you go back to the start. Mistakes cost time and money.

A decent piece of administration, a long-drink cocktail with a bureaucratic flavor, for at least 10 days, but possibly for a few weeks.

Therefore, “ready-made” is still basically the only truly fast, comfortable and professional solution with professional full service, in addition, without the need to immediately pay off the registered capital. Documents tailored to the client’s needs, comfort in the form of dealing with all offices (revenue office, trade licensing office) and with the registry court and the register of beneficial owners should be a matter of course. In addition, top providers can actually prepare the company within 60 minutes and register changes into the companies register on the same day. The top ones will also handle concessions, licenses, service contracts, or even bookkeeping and tax consultancy, but also appropriate inclusion into the client’s property structure.

Ready-made turnkey company must be absolutely “clean”, and it is good to thoroughly convince yourself of this. "Many providers of ready-made companies only guarantee or declare their indebtedness in various ways. A significantly more valuable argument may be the auditor’s statement, which has a somewhat more relevant explanatory power. Unfortunately, the service is not only handled by professional consultants who have been professionally dealing with the company’s settings from the beginning, but also by various “dealers” - here it is important to be cautious, not only because of indebtedness, but also because of expertise.