ENTERPRISE FORMS BY LAW IN CZECH REPUBLIC

Basic information about single forms of enterprise according to Czech law.

There are two main possibilities of enterprise in the Czech Republic:

1. as a physical person  – entrepreneur needs a license for conducting a trade called a trade permit („živnostenský list“ in Czech). There are two kind of trade:

• notifiable (under authority of  Trade Licence Office – releasing a trade permit, the need to fulfill criteria of legal capacity, blamelessness and being at least 18 years of age)

Notifiable trades are specialized according to subject matter as:

• regulated trade
• handicraft industry
• irregulated trade
• vocational (specific conditions, the need to apply for a trade license – eg. for taxi driving, carriages, etc.)

For further information see also www.czech.cz

2. as a corporate body – artificially created subject, in legal relation acts as a person; can be formed by people or entities

• limited liability company
• co-partnership
• joint-stock company
• limited partnership
• Co-op (cooperative)
• aggregate corporation

It is possible to search for specific lines of business in the following registers:

Register of Trade Licenses („Registr živnostenského podnikání“ in Czech)
Business Register ("Obchodní rejstřík " in Czech)