Frequently asked questions

What is a READY MADE company and what are its advantages?

READY MADE is an already established company, registered in the Companies Register with no history, payables and receivables, with a lifetime debts-free guarantee, which can be purchased immediately and within 24 hours from the receipt of your order you can start running business with a new company. A READY MADE company is made solely for purposes of its sale and allows you to save time and money otherwise expended when establishing and registering a new company.

What do I need for establishing a Limited Liability Company?

While planning to establish a Limited Liability Company, you can choose from two options:

1) Establishing a tailor made LLC 

• You need to redeem 200.000, - CZK as a basic company´ s capital
  
• Incorporation process takes about 8 working days from drafting a Memorandum of Association up to the registration in the Companies Register, including arrangements to obtain a Trade Licence
  

2) Establishing a LLC through a purchase of a READY MADE LLC 

• You do not need 200.000, - CZK to redeem a basic capital since it has already been paid by us and will be assigned to the treasury of a LLC company in terms of bookkeeping.
• You can start running your business immediately upon assignment of a LLC company to you because the company is already registered in the Companies Register, having its ID, including even a Trade Licence.

What is the basic capital of a READY MADE company?

An advantage of a READY MADE company is the fact that it has already redeemed a basic capital in full. Upon the assignment of a READY MADE company you are buying a share at a face value in return for obtaining its basic capital at the company´ s treasury.

A scheme of a READY MADE Limited Liability Company´ s assignment is as follows:

You, as a new associate and company´ s owner purchase the share at a price of 200.000, - CZK against the 200.000, - CZK (the basic capital of a company) at the treasury of an acquired company. There is a mutual offsetting of those amounts, i.e. the above-mentioned 200.000, - CZK is assigned to only in terms of bookkeeping.

Is it safe to buy a READY MADE company?

Everyone interested in buying a READY MADE company asks oneself that question. When buying an already established company there may be some concern about its economic and legal purity.

If you think upon buying a company – an already established READY MADE company you should choose a reputable partner for this purpose, which has a strong enough background and market position in the country. Such a partner gives you the guarantee of legal purity and a company, that it sells you, is free of any liabilities and you do not need to be afraid of false and misleading statements of the seller because such a misconducting could destroy its goodwill and expose it to a danger of prosecution and disqualification.

Until now, there is not even a single case in the available records-keeping, where a reputable provider of READY MADE companies assigned to a client a READY MADE company burdened by any commitments.

Do the READY MADE companies have a history?

All the companies for sale have never done any business and thus have no business history. Whether you are buying company established this year, last year or year before the last year, its history is only limited to the formal aspect of an establishment date. Business history of a READY MADE company begins at the moment of its assignment to your person.

„If you have any questions, please contact us.“
JUDr. Jakub Maur, executive

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