Setting Up a Sole Trader in Czech Republic

Setting Up a Sole Trader in Czech Republic

Numerous investors from abroad consider that the sole proprietorship (the trade license as it is known) is the suitable form for doing business in the Czech Republic. The registration procedure involves the physical person who wants to set up the activities in this country by using his/her own name. In legal terms, a person can…
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Signing Contracts with a Czech Company

Signing Contracts with a Czech Company

Companies with operations in the Czech Republic usually deal with varied providers or suppliers to obtain the necessary services or goods. In order to seal a collaboration, a legal contract is necessary between the two parts. This is an important document which generally involves the same conditions regardless of the services offered: the duration of…
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Establish a Foundation in Czech Republic

Establish a Foundation in Czech Republic

Charities or foundations in the Czech Republic are legal entities which have a precise scope and that is to collect funds and direct them to particular projects that are in most cases public. For example, a foundation in Czech Republic can sustain the research missions in varied fields or other situations of social matters. The Foundation…
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Open a Franchise Business in Czech Republic

Open a Franchise Business in Czech Republic

With a constant annual growth, low tax rates for businesses, a stable and respected economy, the Czech Republic has its doors open for investors who want to settle their activities whether through a brand-new company or a franchise. Importing foreign concepts represents in many cases the proper ways of doing business in a…
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Double Tax Treaty Czech Republic – Canada

Double Tax Treaty Czech Republic – Canada

A convention for the avoidance of double taxation and the prevention of fiscal evasion has been signed between the Czech Republic and Canada. This treaty entered into force in May 2002 and addresses all taxes on income. Czech corporations registered and doing business in the Czech Republic are subject to the provisions of this double tax…
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Double Tax Treaty Czech Republic – Brazil

Double Tax Treaty Czech Republic – Brazil

The government of the Federative Republic of Brazil and the Czech Republic signed a convention for the avoidance of double taxation and prevention of fiscal evasion. This double tax treaty became effective starting from January 1st, 1991 and covers the taxes on income. Knowing the financial rules and regulations is highly advisable when you open…
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Double Tax Treaty Czech Republic – Belgium

Double Tax Treaty Czech Republic – Belgium

The Czech Republic and the Kingdom of Belgium have agreed on a convention for the avoidance of double taxation and the prevention of fiscal evasion. Resident individuals and corporations in the Czech Republic and Belgium are subject to the provisions of this treaty. Taxes on income and on capital imposed on behalf of a signing…
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Double Tax Treaty Czech Republic – Austria

Double Tax Treaty Czech Republic – Austria

The Czech Republic signed treaties on the avoidance of double taxation with 80 countries worldwide. Double taxation is eliminated through exemption of progressive income and ordinary tax credit. The Czech Republic and Austria sealed a convention for the avoidance of double taxation and the prevention of fiscal evasion in 2007. This convention applies to…
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Double Tax Treaty Czech Republic – Australia

Double Tax Treaty Czech Republic – Australia

The Czech Republic and Australia signed a treaty for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. This double tax treaty entered into force in November 1995 and applies to persons who are residents of one or both of the contracting states. According to the provisions…
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Company Liquidation in the Czech Republic

Company Liquidation in the Czech Republic

The business environment in the Czech Republic is appealing to numerous investors from abroad who decide to set up their operations in varied fields. There are cases in which companies do not perform as expected, therefore, the subject of company liquidation enters into the discussion. For a better understanding of how a company can…
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