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Legal Entity Business

Would you like to establish your own company? Business corporations are commercial companies and cooperatives (which are divided into cooperatives and the European Cooperative Society). Commercial companies are:

  • Unlimited partnership
  • Limited partnership company
  • Limited liability company
  • Joint stock company
  • European company
  • European Economic Interest Grouping

All companies and cooperatives must be registered in the Commercial Register. A company does not acquire legal personality until it is registered. It is therefore important to distinguish between the establishment of a corporation (the preparatory phase) and the commencement of its legal existence, which occurs upon registration.

As a foreigner, you may need a work permit even if you are a partner, a member of a statutory body, or otherwise involved in a legal entity (commercial company), provided that you perform tasks arising from the company’s business activities.

The businessinfo.cz website offers a very detailed description of the basic steps leading to the establishment of commercial companies and cooperatives and points out the differences in their establishment. You will also find other detailed business guides there.

 

Last update: 4 March 2025