From the perspective of the Czech Republic authorities, any self-sufficient, free and independent activity, including a business enterprise, is referred to entirely as “self-employment”. Self-employment comes with a lot of benefits such as having full control over every aspect of the company, deciding what the company does, and being able to choose the branding elements that make the business special.
You relocate to Czech Republic to start your business
Are you planning to move to the Czech Republic and would you love to do business there? Would you like to try entrepreneurship and select the simplest path (self-employment) in Czech Republic ?
If so, a logical opportunity for registration as a self-employed individual is to come to the Czech Republic for another purpose (studies, work, family reunion, etc)
You can then begin your business directly in the Czech Republic, and if necessary, you could change the purpose of your long-term residence approval for business purposes.
Registering self-employment for foreigners in the Czech Republic
Self-employment is presently the most prominent form of business in the Czech Republic. There are various reasons why that is so, such as simple administration, no need for bookkeeping, and low startup costs.
As a foreigner, the procedure of getting self-employed in Czech Republic might look difficult. But with your Damalion expert by your side, it’ll be pretty straightforward.
Next are some of the requirements:
Firstly, you will need an address, which you can use as your business office. You do not have to rent an office, as you can use the address where you presently live. However, you will need to get the consent of the owner.
Alternatively, if you own a property in Czech Republic, you won’t need to ask for any permissions. And if you do not have any address that you could use, you can rent a virtual office from a specialized company.
Be a self-employed entrepreneur
Being self-employed is a business of a natural individual, so the Trade Office requires registration to verify your stay permission in the Czech Republic.
Also, you need an extract from the penalty register from the country of origin (which could be ordered at your embassy). But If you are an EU citizen or a foreigner with permanent residence in the Czech Republic you are not required to provide the extract from your criminal record.
The Czech Republic Trade Office permits self-employment for foreigners with long-term residence only for the period time of their residence permit. This implies that the foreigner has to extend the self-employed status each year after the receipt of a new visa.
If you would like to know more about self-employment in the Czech Republic, contact your Damalion expert now.
