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Czech Republic

  • GDP: $ 213,189 billion
  • Population: 10,618 million people.
  • Czech, English
  • Czech Koruna (CZK)

The Czech Republic is located in the heart of Europe, has been a full member of the European Union since 2004, and has free access to a single European market. Due to the numerous advantages, Czech jurisdiction is being used in trade schemes related to mediation and tax optimization.

Czech jurisdiction has never been mentioned in the “black” lists of the states and has an excellent international image, predictable tax legislation, high confidence in foreign founders of the companies, as well as a simple procedure for obtainment of the European VAT number, residence permit and EU citizenship.

It is worth noting that residents and non-residents have equal rights when registering a company or opening a bank account in the Czech Republic. The company in the Czech Republic ensures the right to acquire residential and commercial real estate. There is no need to involve Czech citizens in the work upon registration of a company. It is possible to conduct activities without any payroll.

In addition to the membership in the single European market, over 80 different agreements are valid in this jurisdiction in order to avoid double taxation.

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