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Agreement on Processing of Personal Data CZ / EN

Establishment of the branch

  • 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 help you with

    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.

    • ensuring the issuance of a trade license for the branch
    • ensuring the issuance of a trade license for the branch
    • preparation of all documents required for registration of the branch into the commercial register
    • negotiation with the register court

    What will we need from you?

    • Extract from the commercial register in accordance with the law applicable in the country of the registration.
    • Articles of association of the branch´s founder
    • Extract from the land registry of the building in which the registered office of the branch will be placed
    • The consent of the owner of the premises of the brand´s registration office
    • Sworn affidavit and specimen signature of the person proposed as the head of the branch, when necessary the extract from the criminal records registry according to the nationality of such person
    • Consent of the founder and its statutory body with the registration of the branch into the commercial register
    • Notarized power of attorney when you apply for your representation before the authorities

    Price

    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.).

Contact
Tetragrammaton a.s.

Žitná 562/10
120 00 Praha 2 – Nové Město

+420 777 025 554
+420 777 775 524

More questions?


Agreement on Processing of Personal Data CZ / EN