Making changes in a company structure in the Czech Republic
In the course of time, any business implies certain adjustments whether it be a sole proprietorship or a limited liability company.All the changes in the organization and legal structure, numerical strength or ones caused by technical rearrangement are to be made in the Czech language. Any foreign entrepreneur who has encountered such reorganization knows the process as a challenging task from legal and operational points of view. The administration procedures must to be performed at a high professional level and conform to the requirements of the law.
All foreign entrepreneurs without exceptions in the Czech Republic bear the same rights and obligations in the country as the Czech citizens have.
Adjustments of registered data of an SP (a sole proprietorship)
An individual entrepreneur does business as a physical person which implies possible adjustments in the following points:
- an entrepreneur’s name or a surname
- a legal address of business activity
- types of allowed activities/licenses
- delay or full-stop of business activity
Changing registered data of LLC
A company has its own rules and regulations, a certain group of founders and managers and it was registered on the basis of the particular data which provides LLC with the ability to make wider list of adjustments.
All the data changes associated with a Czech company can be divided into 2 categories:
1) changes that require adjusting the rules of a company;
2) changes that do not require adjusting the rules of a company.
The first category includes changing
- a legal address (if there is a need to change the address inside this administrative territory that was specified in the company rules and regulations);
- contents of free licenses;
- a manager (without changing the general quantity of company managers);
- a founder (if the amount of share fraction stays the same)
The second one may include majority of all the possible changes. In this case a notary presence is required, therefore the price of the service is much higher. The possible changes for instance, are linked with a company name, legal address, dividing the share fractions of the authorized company capital, changing the quantity and the way of company interests’ representation by its managers and so on.
Third party services and the state tax are included.
|Service||SERVICE PRICE W/O TARIFF, KORUNAS||PRICE WITH TARIFF, KORUNAS|
|Changing SP data||6000 CZK||5000 CZK|
|Changing company data without changing the regulations||6000 CZK||5000 CZK|
|Composing additional documents||from 3500 CZK||from 3000 CZK|
|Changing company data with changing the regulations||16000 CZK||12000 CZK|
What do you need to apply for changing the registered data with us?
It is enough to submit the letter of attorney for sole proprietors.
Company representatives should submit:
if the regulations are not changed:
As a rule, to apply it is enough to submit the the letter of attorney from a manager that allows to receive and compose the request to the Commercial register of the Czech Republic.
if the regulations are changed:
It is necessary to submit the letters of attorney from each founder and one manager to conduct the meeting of founders and make changes.
In order to create a detailed plan of actions regarding adjusting a company structure in the Czech Republic on the basis of the constitutive documents, feel free to contact us via online forms, chat or the phone number : +420 225 850 207.