Fees and timelines in 2022

Fees

payment method by instalmentIncorporation costs in Year 1 amount to €3,550 and annual company costs in Year 2 and thereafter amount to €0. The average total fee per Czech Republic engagement amounts to €10,660, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice in the fee table below.

Different Czech Republic entity types Cost Draft invoice
Tax resident LLC €10,660 View invoice PDF
JSC €14,410 View invoice PDF
Branch of a foreign company €12,010 View invoice PDF
Representative office €12,310 View invoice PDF
Free zone €11,060 View invoice PDF

Click here to create your own Czech Republic invoice

Timelines

The average Czech Republic company registration period is 13 weeks as outlined below:

Service LLC PLC Branch
Engagement planning 2 week 1 week 1 week
Company incorporation period 4 weeks 6 weeks 6 weeks
Bank account approval 4 weeks 4 weeks 4 weeks
Internet banking approval 2 week 1 week 1 week
Incorporation completion 1 week 1 week 1 week
Total engagement period 13 weeks 13 weeks 13 weeks

czech republic business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Czech Republic, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Client Engagements Manager
  • Contact me!
czech Chamber of Commerce czech national bank CNB Government of the Czech Republic czech Ministry of Finance czech ministry of foreign affairs