Czech RepublicKey facts
- Region
- Europe / EU
- Corporate tax
- 21%
- VAT
- 21%
- Currency
- CZK
- Time zone
- CET
- Language
- Czech
Key advantages
- 21% corporate tax.
- Strong industry and skilled workforce.
- EU member loosely pegged to EUR.
- Low operating costs.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| s.r.o. | Limited liability company | 21% | 21% | CZK 1 | 2–4 weeks | SMEs |
| a.s. | Joint-stock company | 21% | 21% | CZK 2,000,000 | 4–6 weeks | Larger structures |
Frequently asked questions
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Company type· Czech Republic
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