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Company Formation Czech Republic



Changing the Company Type in the Czech Republic

Updated on Monday 11th December 2017

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Changing-the-Company-Type-in-the-Czech-Republic.jpgBusinessmen interested in operating on the Czech market are allowed to change the type of the legal entity under which they carry their operations, if this procedure is necessary or recommended at a certain moment. The legislation prescribes the framework for the procedure, which is generally applicable when the current type of legal entity no longer fulfils the development plans of the investor.
At the same time, a different type of legal entity can provide other benefits to the company and to its shareholders. Entrepreneurs interested in changing the business form of a Czech company can receive assistance from our team of company formation representatives in Czech Republic


Changing a sole proprietorship in Czech Republic 

The sole proprietorship, the simplest form of doing business in Czech Republic, is a type of entity recommended for natural persons who want to start a small company on their own. A sole trader is set up by a self-employed person who is not required to submit the company’s accounts at the local authorities, as it is the case of other types of legal entities
The investor has unlimited liability for the company’s debts and there is no distinction between the founder and the business. The sole proprietorship can be changed in any other business form, and in order to do so, the investor will have to close down the current entity and re-register under a new type of company. The registration procedure is performed at the Commercial Court; our team of Czech company formation agents can offer assistance on the set of documents necessary in this situation. 


Changing a limited liability company in Czech Republic 

Czech Republic offers numerous business forms for those who want to invest here. One of the ways to operate on the local market is through a limited liability company (LLC), the most common type of company set up here. 
A LLC can be changed in a corporation, a procedure which is performed through the transfer of shares from the current company to the future one. The procedure is performed under the rules of the Act No. 89/2012 Coll. 
Businessmen interested in receiving further information on the procedure referring to the change of the legal entity in Czech Republic can address to our team of Czech company incorporation consultants for assistance. 

Meet us in Brno

Call us at +420 721 565 868 to set up an appointment with our specialists in company formation in Brno. Alternatively you can incorporate your company without traveling to Czech Republic.

As an CorpexLab client, you will benefit from the joint expertize of local experts and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Czech Republic.

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The team from CzechCompanyIncorporation.com is very qualified and benefits from extensive expertise in this area. I would definitely recommend them to any entrepreneur decided to start his own business here.

Mihai Cuc, Partner of
Enescu&Cuc; Law Firm

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