Registration in Commercial Register in the Czech Republic: now even easier!
The Parliament of the Czech Republic adopted a law, which makes incorporation of a Czech company or subsequent corporate changes a lot easier! By May 2015, the registration of the companies into the Commercial Register is being carried out solely by the courts. Many foreign investors often complain about the length of incorporation of the company as this formal court proceeding could take even a few weeks (in some extreme cases). Since the new law enables also the notaries public to carry out the registration of a company, it offers two major advantages (not only) for foreign investors: time & cost savings. The fee paid to the notary public for registration ofthe limited liability company shall be less than half of the court fee.