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Company Formation Czech Republic

Company Formation Czech Republic

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Articles

Set up a Company in the Healthcare Sector in Czech Republic

Updated on Wednesday 17th May 2017

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Set-up-a-Company-in-the-Healthcare-Sector-in-the-Czech-Republic.jpegIn order to open a company in the healthcare sector in Czech Republic, the investors will have to respect the appliable regulations in their specific field of activity. Czech Republic provides numerous legislative acts referring to the activities carried out in the healthcare industry related to manufacturing, trading, selling medical products, and also referring to the good healthcare practices that companies and their employees must respect. Investors who want to open a company in Czech Republic are advised to receive professional assistance on this matter from our team of company formation representatives
 

Opening a company in Czech Republic  

 
Healthcare companies operating in Czech Republic are required to register following the standard incorporation procedure, with the main difference that such entities will need to obtain relevant business permits for their activity. 
 
Investors interested in the procedure of company formation in Czech Republic will first have to establish a legal entity, after they have verified if their preferred trading name could be registered with the Ministry of Justice. 
 
All companies in Czech Republic have to notarize the company’s statutory documents in order to establish the business form on the local market. Our team of company formation consultants in Czech Republic can offer advice on the requirements that have to be met in this case, and they can also assist with other incorporation aspects related to the tax compliance or hiring local workforce
 

Regulations referring to the Czech healthcare industry 

 
The medical field is comprised of numerous types of activities. Czech Republic enforces various decrees which regulate specific fields of activities and the main document in this sense is the Act on Pharmaceuticals, which is harmonized with the European regulations in this field. 
 
Investors who are interested in company registration in Czech Republic must know that pharmaceutical products will need to be authorized on the local market. According to the Section 3(1) of the Act, those who manufacture or sell pharmaceutical products will need to conclude a Summary of the Product Characteristics, in which they will provide relevant information on the respective medicine. This is a compulsory requirement for all medicines sold in Czech Republic
 
Businessmen are invited to contact our team of company registration agents in Czech Republic for more details on the regulations referring to the registration of a healthcare business.  
 

Comments

  • Clara 2017-05-17

    I consider that this field is rather complicated (from a legal point of view) and I do consider that professional assistance is required when setting up a company.

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