Incorporating

Establishing an SRO.(LLC) allows you to open a business, buy property and/or acquire a mortgage. Also it is helpful with getting health insurance as a head of your company and eventually after  years of paying Social Security being able to qualify for Czech retirement. After five years living in the Czech Republic and passing the Czech language test, the resident with a long-term visa is entitled to acquire a permanent residency.  

  

Steps for getting SRO established: 

  

1. STEP - Answer the Basic Questions 

  • Choose a name for your company (At least  2 or 3 options ).  This way we will avoid the  problem of a duplication with a company name at the Companies Register;

  • Define the structure of partners and percentage share-out of a fixed capital company (the minimum is 200 000 crowns.  and the minimum 20 000 crowns per partner of an incorporation);

  • Define the types of licenses, which will be listed in the Articles of incorporation, and those that are needed for doing business in foreseeable future;

  • Choose a managing director, there can be as many as you want;

  • Choose a trustee of a fixed capital company.

  

2. STEP - Get Help 

  • Contact us over phone, e-mail, or stop by at our office.

  

3. STEP - Work together to get it done 

  • It is possible to establish S.R.O. and to collect all necessary documents for a Czech visa without your presence in the Czech Republic. Our company will provide all necessary documents on a Power of Attorney.  The client mails the necessary documents to the address: Prague Insider s.r.o., Politických vězňů 15, Praha 1, 110 00, Czech Republic.

  

All applicants must have health insurance. The coverage should be at least 60 000 euros and valid at the moment of a visa application at an embassy for all period of valid visa. at least six months for period of a visa. Our company can provide for you Czech health insurance that has been approved by the Czech immigration department.

  

The list of necessary documents for establishing S.R.O. and gathering documents for a visa:

All forms will be included in the SRO Starter kit we send you after we receive your contact information

  

  1. Copies of the first page of your passport with photo and a signature for all partners of the future company. The passports must be 18 months before the date of expiration;

  2. Notarized copies of birth certificates from all partners and executive heads;

  3. Three passport photos 3,5 x 4,5 cm;

  4. Home country criminal record report*;

  5. Fill out the visa application form for all partners.   

  6. The notarized power of attorney to Prague Insider SRO and signed by all partners.* 

  7. Notarized statement from all  executive head(s). Establishing responsibility for the SRO

  8. Notarized power of attorney for acquiring license(s) and registration at the IRS Department. 

  9. Notarized statement of a trustee of a fixed capital company.

  10. A notarized power of attorney from an executive head for opening and managing a bank account of SRO;

  11. A recent bank statement showing sufficient means for stay **.

 

Note: This limited Power of attorney is only necessary if you chose not to be present in the Czech Republic during this process 

  

  

If you want to bring your children with you to live in the Czech Republic,  you will need following:

All forms will be included in the SRO Starter kit we send you after we receive your contact information

  

  1. A copy of the first page with photo for all children. The passports must be 18 months before the date of expiration;

  2. Children's birth certificates;  

  3. three passport photos 3,5 x 4,5 cm for each child; 

  4. Home country criminal record report for all children over  15 years.

  5. Completed visa application form for each child;

  6. A permit for taking a child abroad is needed from a parent who stays in domicile

  7. A notarized copy of a marriage certificate if your spouse is not a partner in the SRO

  8. A recent bank statement showing sufficient means for stay** 

  9. The notarized declaration of support.

  

The executive head of a company is required to obtain a home country criminal record report*. Our company will obtain a Czech criminal record report  on the basis of a power of attorney .  

  

The client well send all documents listed above to the company address. We recommend  express post. The client notifies our company after mailing the documents to the company address. At the same time the client according to our verbal or written agreement pays at least 50% of the price listed at the link price list and then the remaining 50% after a registration at a notary office. 

  

The client is able to check their company registration on the website www.justice.cz (it is an official site of the Czech Ministry of Justice). After the registration of the company, the client pays the full amount of the price for a visa for all partners and children. 

  

To register SRO company it will take about 15 business days from the time all required documents have been received.   

  

4.  STEP - Back in your home country 

After gathering all necessary documents for a visa we send them to you by express post. 

You must then go to your closest  Czech embassy and  apply  for a Czech visa.   Note you can not apply for this visa in the Czech Republic.  Parents apply for minors under 15 years old.  Usually it takes up to 3 months to get your visa. 

  

  

Please note!

- read and copy all documents; 

- contact the local Czech Embassy for  photo requirements; 

- sign all  forms; 

-  American citizens must have an apostil on notarized documents . 

  

5. STEP   - When you arrive to the Czech Republic 

You will already have a health insurance. You must  register at the Immigration police within  3 (three) days after entering the Czech Republic. You will get a registration stamp in your passport.  The second visa can be extended 120 days before the day of expiration but not later 14 days of a day of expiration.    

  

Please note!

Our company can assist you with registration at alien police  

Our company can help you to find a house or an apartment to rent or to buy. 

  

All documents must be sent to this address:  

                                              Prague Insider s.r.o.,  

                                              Politických vězňů 15, 110 00 Prague 1  

                                              Czech Republic                                                                          

                                                                                        via express post. 

  

  

The payment for registration  or SRO and  visa(s) can be made: 

  

-Add bank Account Information  

- via Western Union 

  

- at our office Politických vězňů 15, Prague 1, 3rd  floor, room 303 

  

  

* The criminal record report and the document from the Housing Authority should not be more than 90 days old at the time you go to apply for a visa. For U.S. citizens, either a pre-written affidavit signed before a Czech notary will suffice, or an affirmation written by a U.S. consular officer that the applicant has taken an oath of no criminal record will be required. This requirement varies according to the local business license offices; 

  

** For one year, at least 170,000Kc for an adult and 80,000Kc for a child. A major credit card (Visa, MasterCard) can often substitute for the bank statement. Not required if applying for a visa with a work permit;

  

***some countries must have an apostil on their documents .