Due to the armed conflict in Ukraine, many companies operating there have faced the necessity to relocate their business abroad. The Czech Republic is one of the most frequently chosen locations by Ukrainian entrepreneurs.
Currently, 12 538 companies with Ukrainian capital operate in Czech. In the current situation, this number will certainly multiply in the near future.
The Czech government and non-governmental organisations undertake numerous initiatives aimed at supporting Ukrainian citizens fleeing the war and helping Ukrainian entrepreneurs to relocate their companies to the Czech Republic.
The most important facilitations for Ukrainian citizens in the Czech Republic
- Facilitation of residence legalisation:
- The long-term residence permit for business purposes is issued for 24 months and can be renewed repeatedly
- Free access to the health care system and psychological help
- Free education for children
- Financial bonus at account opening
- The possibility of establishing a business licence
- Simplification of the procedure of employing persons from Ukraine:
- Extension of periods of legal residence
- Possibility of registration in the Labour Office
- Job offers directly for Ukrainian citizens
- Free online Czech course for Ukrainians
Establishing a company in the Czech Republic
Entrepreneurs from Ukraine have the possibility to open a company or a branch in the Czech Republic. The most popular form of conducting business in the Czech Republic is a limited liability company (s.r.o.).
- Simple procedure for setting up a company:
- Possibility of online registration of a company
- The minimum share capital of the limited liability company amounts to CZK 1
- No restrictions concerning the nationality of shareholders, for the establishment and registration of a company, there is no need to prove any residence permit
Find out more about forms of conducting business in the Czech Republic, taxation and employment of employees:
Doing business in the Czech Republic 2022
Moving a company from Ukraine to the Czech Republic - how can we help?
Together with cooperation with our legal partners, we provide comprehensive support to Ukrainian companies planning a relocation to the Czech Republic at every stage of this process - from advice on choosing the optimal form of business and taxation, through the completion of formalities related to the establishment of a company and ongoing support for business processes.
- Setting up a business in the Czech Republic by a company from Ukraine - the scope of support
- Assistance in registration of an employee from Ukraine
- Advisory on choosing an optimal form of conducting business activity
- Advisory on choosing the optimal form of taxation
- Opening a company or a branch
- Registration for tax purposes
- Opening a bank account
- Establishment of an electronic signature
- Registration in the Central Register of Beneficial Owners
- Starting a business in the Czech Republic - scope of support:
- Employment of staff - preparation of employment contracts / cooperation contracts
- Registration of a company and employees for health insurance
- Accounting services
- Tax advisory
- HR & Payroll services
- Corporate secretarial services
- Compliance
- GDPR compliance
Read more about doing business in the Czech Republic here.