Open a Czech company from Ukraine

Yes. Ukrainian citizens can be shareholders and directors of a Czech s.r.o. Czech company law does not restrict non-EU nationals from owning Czech companies. The formation process is fully remote via a notarised and apostilled power of attorney — you do not need to travel to the Czech Republic solely for registration purposes.

Yes. The Czech Republic and Ukraine have a bilateral income and capital tax treaty in force, originally concluded in 1997 and amended by a protocol that entered into force in December 2015. The treaty governs how dividends, interest and royalties are taxed across both countries. We recommend consulting a tax adviser for your specific situation.

Ukraine is a member of the Hague Apostille Convention. This means a notarial deed or public document issued in Ukraine can be authenticated by apostille — issued by the competent Ukrainian authority — and will be accepted by Czech authorities without further consular legalisation. We provide the power of attorney template and apostille instructions.

The statutory minimum is CZK 1 — one Czech crown (≈ 0 € indicative). In practice we recommend depositing a modest amount for credibility during Czech bank account opening.

Czech corporate income tax is 21% on net annual profit. Dividends paid to shareholders are subject to 15% Czech withholding tax — the CZ–UA double-tax treaty governs cross-border treatment. VAT: 21% standard / 12% reduced; mandatory registration above 2 000 000 Kč (≈ 80,650 € indicative) annual turnover. Source: Finanční správa.

Owning shares in a Czech s.r.o. as a non-EU national does not itself require a Czech visa or residence permit. However, acting as an executive director (jednatel) who is physically present in the Czech Republic for business purposes may have immigration implications. We focus on the business and tax aspects — for immigration and residence questions, please consult an immigration specialist.

Yes, though enhanced due diligence requirements apply for non-EU nationals at most Czech banks. The process typically requires in-person identity verification or notarised remote ID verification, proof of source of funds and business documentation. We advise on the most suitable banking options and guide the account-opening process.

Datová schránka is the mandatory Czech electronic government inbox assigned to every Czech s.r.o. automatically upon registration since 2023. All official correspondence from Czech authorities — tax office, commercial register, courts — is delivered electronically via this system. We monitor it and translate relevant notices on your behalf.

After the notarial deed is executed and filed, the Czech Commercial Register typically processes the application within 5–15 business days. A ready-made s.r.o. is available immediately if speed is critical.