A branch of a foreign company in the Czech Republic is a separately operating branch (part) of a company established in another country (in a country other than that of the parent company). This branch is subject to the founding parent company, and has no separate legal personality, and is therefore only a "representative" of the parent company in the country. A branch allows a foreign parent company to operate in another state without having to establish a new company. It is a cost-effective alternative to setting up a separate company abroad.
Establishing a branch is a more economical alternative to setting up a new company abroad. The branch is entered in the Commercial Register and its name is identical with the name of the foreign parent company, with the difference that it also contains the addendum "Branch".
In order to establish a branch, the documentation of the parent company is necessary in the form and content corresponding with the legislation of the state in which the organizational unit is being established. The organizational unit of a foreign company is established by the entry into the Commercial Register, it must have its registered office and an assigned ID number. The organizational unit maintains a separate accounting in compliance with the regulations of the State in which it is established.
A branch of a foreign company has the same rights and obligations as domestic companies. However, the establishment of such an organisational unit is easier due to the fact that during the process of founding the company, it is not necessary to pay up the registered capital.
At Profispolečnosti.cz we offer our clients comprehensive legal and administrative support for the establishment of branch - an organizational unit of a foreign company in the Czech Republic - our service of establishment of the organizational unit. We will arrange for you all the formalities related to the establishment of an organizational unit, including negotiations with the notary and the Commercial Court in charge of the Commercial Register, acquiring a trade license, as well as acquiring the consent for the company to use the occupier's office as its registered office.
Price for the establishment of a branch - organizational unit of a foreign company in the Czech Republic -14 900 CZK without VAT
As an additional service to the establishment of an organizational unit, we offer our clients the service of providing a registered office or the service of a virtual office.
