CZECH REPUBLIC COMPANY FORMATION

Czech Republic Company Formation

Do you have a plan to take your existing venture aboard but you are unsure about a viable country. You may opt for the Czech Republic for business extension needs. It is not only a popular destination for tourists but many business owners are eyeing this country to outsource or expand businesses.

If money is not a bar and you are willing to invest in developing a venture in the Czech Republic, you can gain in long run. The govt offers lucrative incentives and offers for foreign businesses that invest $ 10 million or more in the country. The incentives for a new plant or even a JV comprise of:

• Corporate tax relief which can be up to 10 years
• Job training grants
• No customs duty on the imported equipments
• Possibility of locations in customs-free zone

As a matter of fact, a number of US MNCs and brands have invested in the country. The list includes giants like Philip Morris, Procter & Gamble, Ford Motor Company, Coca-Cola, Motorola, Rockwell International, Gillette, and Citibank. Top countries that have invested in the Czech Republic include Netherlands and Germany. So, Czech Republic Company Formation may be prudent for you too.

If you invest for business expansion in this country, there are govt agencies to help you out. For example, entities like CzechInvest- a foreign investment agency run by the govt will assist you in setting up manufacturing operations. It does offer certain services like site selection assistance, business information free of cost. This should be a compelling reason for you to think of Czech Republic offshore Company Formation.

There are a few more reasons for you to expand business in the country, as it is. The Czech Republic gives you access to consumers in Central and Eastern Europe. Its location at the center of Europe is ideal for such needs. You will not have to worry about availability of skilled labor force as well. The country is politically stable and infrastructural setups are also strong.

There are numerous advantage of setting up business in the Czech Republic or expand an existing venture here. However, you will still do better by taking aid of an agency for handling legal norms and documentation. In this regard, you cannot go wrong by choosing the BRIS group. We will make your business expansion in Czech Republic smooth. To know more, give us a call today.