WHAT THE SERVICE INCLUDES

Analysis of the situation: business structure, country of origin, type of activity — and selection of a suitable bank;
Comparison of banks by terms and conditions: fees, availability of online banking, friendliness towards foreign owners;
Preparation of a full set of documents for opening an account in accordance with the bank’s requirements;
Support with the KYC (Know Your Customer) process: assistance with questionnaires, explanation of the source of funds;
Advice on minimum turnover requirements and maintaining an active account;
Selection of alternative solutions: EMIs (electronic money institutions) and neobanks for complex cases;
For limited liability companies (s.r.o.), sole traders (živnostníci) and foreign companies with a Czech branch.

WHO IS THIS SERVICE SUITABLE FOR

New companies that have just been registered in the Czech Republic

Have set up an s.r.o. or živnost — need to open an account and start operating as quickly as possible without unnecessary running around to banks.

Foreign owners of Czech companies

The founder is a non-resident; the account application has already been rejected or the bank has requested additional documents – professional assistance is required.

Companies changing banks

Your current bank has closed your account or worsened the terms — you need to find a replacement quickly and transfer your transactions.

High-risk businesses that have been refused

Your business falls into the high-risk category (crypto, e-commerce, trading) — you need a bank or EMI willing to work with your profile.

Alternative Financial Solutions and Neobanks

Opening a traditional bank account is becoming increasingly difficult for non-residents every year due to strict European regulations. If a classic financial institution delays the process or rejects the application, we promptly activate a backup plan using reliable payment systems (EMI). Platforms like Wise, Airwallex, or Revolut Business provide full-fledged European bank details, allowing your s.r.o. in the Czech Republic to accept international payments seamlessly. Our team thoroughly understands the verification algorithms of such neobanks and prepares applications in advance to guarantee quick approval of the corporate profile. As a result, your business receives a modern and flexible financial tool that often offers better exchange rates and lower transfer fees.

Confirming Economic Presence (Substance)

To successfully pass strict bank compliance today, simply showing a company registration extract is no longer enough. Local banks meticulously check the economic presence of the founders, demanding proof that your s.r.o. in the Czech Republic plans to conduct real commercial activity within the country. We help competently justify your business model by preparing preliminary contracts with local partners, detailed financial plans, or physical office lease agreements for the security department. Our lawyers work through potential managers’ questions with you in advance so that you can confidently and logically explain the origin of investment funds. Such a fundamental approach builds maximum trust with Czech bankers and practically reduces the risk of sudden corporate account blockages in the future to zero.

GOOGLE REVIEWS

Theodore Tserni

Great advice from very competent professionals regarding a surprisingly large variety of business related questions! Definitely recommend to anyone interested in finding the most efficient path to solving various challenges.

Anton Zhuravel

Great accounting and tax consulting services! NAWI Europe helped us set up our business in Prague smoothly. Highly recommend!

Vyacheslav Vlasenko

We, the IT company from Ukraine opened a branch in the Prague with the help of this team and are very satisfied. Everything was organized quickly and professionally. The Nawi handled all the formalities and provided valuable recommendations. We recommend their services to anyone planning to start a business in the Czech Republic.

Artur Luganskyi

I was recommended to contact NAWI Europe and specifically Eduard for financial matters. We quickly arranged a meeting. Eduard proposed a solution, warned about potential pitfalls that needed to be considered. During the process, he did everything that depended on him and even more: he checked contracts, recommended people to solve issues that did not directly concern him. Everything was done clearly, on time, and within my budget.

Only positive impressions from the cooperation. I recommend NAWI Europe and Eduard personally as a professional and as an honest and responsible person.

Alona Zhuravel

Very reliable partner for financial and legal consulting. We appreciate their personalized approach.

Serhii Polyvanyi

Our company, specializing in web design, had the opportunity to collaborate with NAWI Europe a.s.  in key areas such as immigration law, legal advisory, and accounting services. This partnership has  been invaluable and allowed us to grow our business with confidence and peace of mind.
The team at NAWI Europe a.s. provided expert advice on immigration law, particularly regarding the employment of foreign workers. Additionally, they assisted us with the preparation and review of legal documents, ensuring the protection of our interests in contractual relationships. Their accounting consultancy enabled us to optimize our financial processes and ensure full compliance with tax and accounting regulations.
We greatly value their professional approach, their ability to promptly respond to our needs, and their clear communication of even complex legal and accounting matters.
Thanks to their support, we were able to focus on our core business activities and expand our client portfolio. We highly recommend NAWI Europe a.s. to any company seeking a reliable and experienced partner in legal, accounting, and specialized consultancy services.

FAQ

Can a foreign national open a corporate bank account in the Czech Republic?

Yes, a foreign national — a director or founder of a Czech company — can open a corporate account. The process is more complicated than for residents, but entirely feasible with the correct documentation.

Why do banks refuse to open an account?

The main reasons are: an incomplete set of documents, an opaque ownership structure, high-risk activities, or a lack of economic ties to the Czech Republic. We analyse your situation in advance and address any potential reasons for refusal.

What is KYC and why is it important when opening an account?

KYC (Know Your Customer) is a procedure whereby a bank verifies the identity of a client and their business. The bank requests documents confirming the source of funds, ownership structure and the purpose of opening the account. We help prepare everything required.

Which banks in the Czech Republic open accounts for foreign companies?

A number of Czech banks are welcoming to foreign owners — we’ll find the right option for your profile. For more complex cases, we offer EMI (Wise, Revolut Business, Airwallex and others) as an alternative to a traditional bank.