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Business Relocation to the Czech Republic with NAWI: Legal Support, Document Preparation, and Licensing

NAWI will help you relocate your business to the Czech Republic by developing a customized strategy based on your specific requirements. With significant experience and in-depth knowledge of the European market, we guarantee the best opportunities and quick financial results.

We assist entrepreneurs at every stage of the business relocation process to the Czech Republic, providing comprehensive support, including legal documents, migration, tax and banking consulting, and accounting services.

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Key Challenges and Issues with Business Relocation to the Czech Republic

Passport Expiry

Due to the foreign policies of some countries, your employees might face issues with expired identification documents. This complicates matters for employers, who often resort to costly solutions. Our migration specialists, experienced in such situations, provide clear strategies to handle these important aspects of employee relocation costs.

Bank Account Closure, Denial, or Freezing

If your company name has an international structure and a multinational team, it presents challenges in all business phases. From a bank’s perspective, you are a high-risk business due to your structure extending beyond one nation. This also applies to companies where beneficiaries and team members are not EU residents. At NAWI, we address these issues, supporting most companies in managing complex business operations across borders.

Legality of Contracts

Companies often hire employees as self-employed to optimize tax burdens, not realizing this may breach the law. If sanctioned, the government levies a 15% tax on each such employee, plus a 20% penalty and fines. There are many legal tools available to help business owners avoid these pitfalls.

Employee Taxation

Companies frequently hire employees as independent contractors to optimize tax loads, unaware that this may be illegal under the so-called Schwarz system. If sanctioned, the government imposes a 15% tax plus additional penalties. Proper tax management is a crucial part of your relocation plan to ensure compliance.

Socio-Economic Barrier

Lack of local business knowledge can lead to unnecessary expenses and delays. Additionally, language barriers can complicate business operations with government agencies, creating more obstacles for small and medium business owners who depend on accurate communication for smooth operations.

Language Barrier

Medium and small companies, which may be essential for the development and operation of your business, often hesitate to enter contracts due to a basic misunderstanding of your needs and requirements due to language barriers.

Governmental Hurdles

Czech as the official language can be a barrier in communicating with government agencies, necessitating the use of translators or specialized services.

Company Taxes

Tax optimization is essential, but a lack of understanding of Czech norms can lead to costly errors. Our experts help business owners understand tax rules to avoid these risks.

Benefitsof Business Relocations LTD for Non-Residents

Business scaling

The Czech Republic's central business location in Europe provides convenient access to the expansive European market, enhancing business relations and expanding your client base.

Tax advantages

The Czech Republic offers lower taxes and a transparent taxation system, alleviating administrative burdens on most companies and fostering growth.

Increase in gross income and net profit

Your business thrives in a stable environment, ideal for scaling and business operations expansion.

Innovative development

Companies involved in innovation and technology can expect government support and access to grants.

Fiscal advantages

The Czech Republic’s fiscal policies enhance financial management efficiency, making it the best option for relocating business.

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Our Step-by-Step Relocation Process to the Czech Republic

01
Understanding Business Needs

We conduct interviews to understand your requirements, examining important aspects such as business opportunities, financial stability, and employee relocation costs for moving your business and preparing for the physical move.

02
Preparing the Company Legally for Market Entry

This includes legal documents for company registration, obtaining permits, tax planning, and intellectual property protection.

03
Developing Asset Relocation Strategy

We create a tailored relocation plan to streamline moving your business assets to the Czech Republic, addressing critical details for a smooth transition.

04
Assisting with Business Licensing in the Czech Republic

We carry out the necessary actions to obtain licenses and comply with regulatory requirements.

05
Finding Reliable Partners

Establishing connections with reliable partners is an important aspect of setting up in a new market. We assist in finding partners and negotiating contracts.

06
Launching in the Market

We handle business operations setup and provide professional support at every stage, ensuring your relocation plan is executed seamlessly.

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Benefits of Partnering with Our Czech Relocation Experts

Over the past year, more than 100 000 new companies were opened

Of this, more than 2400 have a non-Czech owner

We understand that business relocation services should meet specific client needs.NAWI is prepared to help non-residents start a business in the Czech Republic, offering personalized support throughout the relocation process.

Business relocation services prove beneficial to companies of all types in various situations. NAWI's clientele includes:

Companies interested in international business scaling

Corporations looking to expand into international markets or relocate business operations for efficiency.

Start-ups

Young entrepreneurs seeking favorable conditions and a supportive business location for developing their new business.

Companies changing physical location

Businesses opting to relocate to the Czech Republic for reasons such as reducing production costs, accessing the latest technological infrastructures, optimizing logistics, etc.

Representatives of industries requiring a specific environment

This encompasses technology, biopharmaceutical, research, and development industries, among others.

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Business Licensing in the Czech Republic

Licensing a Company in the Czech Republic involves various aspects of business. Licensing requirements vary depending on the industry and type of activity. We assist in obtaining all necessary licenses. Operating a business without a license can result in fines ranging from 100,000 CZK up to the liquidation of the company. To avoid issues with documentation, trust the professionals at Trust NAWI to manage these important aspects of business operations.

Why Choose Us?

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Questions&Answers

What types of businesses can be relocated to the Czech Republic?

You can start a legal business in the Czech Republic across more than 80 sectors. Whether you're a small business relocation or a large enterprise, there are ample growth opportunities.

Can a non-resident establish a licensed company in the Czech Republic?

Absolutely! Non-residents can establish a licensed company by registering as a legal entity, specifically a limited liability company.

What Are the Primary Steps for Business Relocation in Prague?

The essential steps involve analyzing the legal landscape, company registration, tax planning, HR management, and addressing other pertinent aspects. Our business relocation service can simplify this process, ensuring a smooth transition.

What advantages does a company gain post-relocation to the Czech Republic in terms of tax simplification?

The Czech Republic boasts competitive tax rates. Notably, the corporate income tax stands at 19% of business profitability. Additionally, various tax benefits are available to alleviate the tax burden.

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