• [En]
  • [Fr]
  • [Es]
  • [It]
  • [De]
  • [Tr]
  • [Pl]
  • [Ru]

Company Formation Czech Republic

Company Formation Czech Republic

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Setting up a Casino in Czech Republic

Updated on Wednesday 25th May 2016

Rate this article
5 5 1
based on 0 reviews


Setting-up-a-Casino-in-Czech-Republic.jpgForeign investors who are interested in setting up a casino in Czech Republic should know the local legislation applicable here. Operators in this field are required to receive licenses to function in accordance with the stipulation of the Czech law. It is important to know that the Czech Republic, a member state of the European Union (EU), made several amendments to its law regulating the gambling activities in order to align with the EU’s requirements; our team of Czech company formation specialists can provide assistance to foreign businessmen who want to establish a casino here. 
 

Casino operators in Czech Republic 

 
Gambling activities which are carried out in a casino are very popular in the Czech Republic, as the state is considered as one of the most prominent in this sense within the EU. 
 
At the moment, there are more than 100 casinos established in the Czech Republic and another important aspect is the ratio related to the number of gaming devices and population. The ratio is set out at one machine per 200 persons. 
 
Licenses required by the gambling operators are issued by the Ministry of Finance. Investors who consider opening a casino here can also establish their businesses without being situated in the Czech Republic. The only rule, available for licensed operators, is to set up an office in the Czech territory; our team of company formation representatives can offer more details on this requirement. 
 

Czech legislation for casino operators 

 
When establishing a company with activities related to the gambling industry, the investor should comply with the local legislation, which is comprised on several laws. The activity of casino operators has to respect the provisions of the 285/1998 Decree of Ministry of Finance on monitoring the casino activity. Other sources of law which are applicable in this case refer to the Civil Code, the Penal Code, Act No. 202/1990 and Act No. 61/1996. 
 
As a general rule, a company operating as a casino can be registered in accordance with the legal procedures applicable to all types of companies established in Czech Republic, regardless of their business field. 
 
Persons who need further information on the casino legislation applicable in Czech Republic can address to our team of Czech company incorporation agents
 
 
 

Comments

  • Marco 2016-05-25

    I know the gambling activity is very popular in Czech Republic and I'd be interested in knowing more on this subject.

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

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.

Online Incorporation

tax-calculator-Czech-Republic

Tax Calculator

tax-calculator-Czech Republic

Testimonials

mihai-cuc.jpg

Starting a company in the Czech Republic can be difficult since it involves such complex procedures. The team from CzechCompanyIncorporation.com is very qualified and benefits from extensive expertise in this area.

Mihai Cuc, Partner of
Enescu&Cuc; Law Firm
www.romanianlawoffice.com

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg