Branch is a component of a foreign company, which has not its own legal personality, legally, it only acts on behalf of its founder – a foreign entity. In commercial register, the branch is registered under the name of the founder with the addition – the “branch”. By the New Civil Code the term branch replaced the term company division.
A clear advantage of the branch is its very fast formation and extinction. There is no need to pay any capital when you make registration of the branch into the commercial register. The establishment of the branch of the foreign entity is more effective and flexible solution compared to foundation of classical Czech company.
Nevertheless, the formation of the branch shall take approximately 2 – 3 weeks. It depends on the delivery of all documents required for the brand´s foundation from abroad.
We will be glad to offer you a wealth experience in branch foundation. With the branch incorporation and its registration into the commercial register consists is connected a number of formalities which we are able to deal with due to our experience.
The price for our service with the establishment of the branch is here. The price includes all costs associated with the establishment of the branch (notary fees, Licensing Office administrative fees, commercial register fee, land registry fee etc.).
Establishment of the company, its settlement, delivery of apostilled documentation, bookkeeping. All under one agency.
Do you have a foreign company and don’t know if you have fulfilled all your legal obligations? We can help you to check and comply with all government requirements.
Are you dissatisfied with the performance of your directors? Are they not meeting deadlines? Try us.
Do you already have an offshore company? Do you want better conditions? Change your registration agent.
Žitná 562/10
Praha 2, 120 00
In 1996 we became a registration agency as Parker & Hill Ltd. In 2011 we underwent a transformation and began to operate internationally under Parker & Hill Inc.
We are a member of the international consortium NWMS Ltd. We incorporate companies directly for you within 16 jurisdictions. We are not re-seller, we are the registration agency.
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