Basic information on ready made JSC (shelf JSC)

Profispolečnosti.cz holds in its portfolio a wide offer of pre-established "ready-made" joint-stock companies fit for immediate sale, that:

Ready-made companies were established for the sole purpose of reselling them
Are registered in the Commercial Register
Have redeemed 100% of the share capital
Have no business history
Have trade licence for free trade
Have no debts or liabilities
You can start acting on behalf of such a company within 24 hours of after expressing your interest in buying

To avoid any confusion or delays during the transfer of the company, please see below the basic information about the documents that we will need for a successful transfer of a ready-made company and subsequent filing for registration of changes into the Commercial Register or for further processing of related requirements.

Information on the documents and background papers required for the assignment of ready made Joint Stock Company (JSC)

"... This is an explanation of the basic concept and information that you should fill into the order form ." ... if you have advanced knowledge of the legal field, skip this section ..."

Change of a business name of a company

A name of the ready-made company can be either changed or retained the existing one. If you decide to change the name of a ready-made company, you should pay a particular attention to avoid registering the same or interchangeable name with those, which are already registered in the Commercial Register (you can check on www.justice.cz). A possible change of name becomes effective upon its entry into the Commercial Register. Until then, it is necessary to use the original one.

Registered office

If you choose to change the registered office to your own address, it is necessary to prove the consent of the property owner with the location of the seat and an abstract from record of the Land Registry not older than 3 months (these documents will be prepared by our company).

Of course there is a possibility to maintain the registered office at our address (Primátorská 38, 180 00 Praha 8) for a fee from 149,- CZK per month.

Expansion of the business scope

All our companies are registered in the Commercial Register as free trades, i.e. manufacture, trade and services not specified in Annexes 1-3 of the Trade Law with scope of activities:

Brokering services
Wholesale and retail trade
Accommodation Services
Provision of software, consulting in the field of information technology, data
Processing, hosting and related services and web portals
Services of information and news agencies
Real estate agency, property management and maintenance
Leasehold and renting of movables
Advisory and consulting services, specialized studies and reports
Advertising business, marketing, media representation
Services in the field of administration and organization
Operation of travel agencies and tour operators in tourism
After-School training and education courses, training, including teaching
Running cultural, educational and entertainment facilities, organization of cultural productions, entertainment, exhibitions, fairs, shows, sales and special events

Business subject can be arbitrarily expanded or reduced within the framework of the General Meeting during the assignment of a company. However, it is important to note that the authorization to do business in the given area comes into being only after an announcement of the trade at the Trade Office.

In the case of operating regulated / licensed crafts by a legal body, a responsible representative is required by law. No one can be appointed to the position of a responsible representative acting on behalf of more than four entrepreneurs (§ 11 of Act 455/1991 Coll., on Trade Licensing as amended).

The scope of business can be extended by the following activities:

živnosti volné (licensed for all 80 free trades- the complete list of activities available under this link)
živnosti řemeslné (skilled trades)
živnosti vázané (restricted trades)
živnosti koncesované (trades requiring concession)

Documents required for the person of a responsible representative:

Statement by a responsible representative pursuant to § 46, paragraph 2, letter g of Act 455/1991 Coll., on Trading (with a certified signature), in case of a craft trade, regulated trade or licensed trade, it must be accompanied by documents verifying an appropriate education and experience (original documents or certified copies)

Shareholders

A shareholder may be both a natural or legal person. If the shareholder is a natural person, we need to know:

Name, surname, personal identification number (date of birth for foreigners), address of permanent residence
Amount of shares

In the event that a shareholder is a Czech legal entity:

Business name, ID, address, abstract from record of the Commercial Register not older than 3 months
Number of shares acquired

In the event that a shareholder is a foreign legal entity:

Current abstract of record from the Commercial Register or similar document issued by the competent authority in the country, where a company has established. That document must clearly show who is entitled to act on behalf of the company and that the company exists. The document must also be translated to Czech language by a legal translator, bearing an Apostille, if required
Number of shares acquired

In the event of a sole shareholder of a joint stock company, such a sole owner must always be entered in the Commercial Register.

Our ready-made joint stock companies have all their shares in certificated form. The company issued in total 100 shares, each with a nominal value of 20.000, - CZK.

Statutory authority - Board of Directors

Board of Directors of the joint stock company has at least 1 member. A member of the Board of Directors of the joint stock company may be any natural person. It is not required to reside in the CR, not even in the case of non-EU citizens. Acting on behalf of the company may start immediately after the decision of the General Meeting even if new members have not yet been registered in the Commercial Register. New: Also a legal entity can be a statutory authority of the JSC.

Board member - citizen of the CR

Name, surname, birth certificate number, residential address
Abstract from Criminal record of the Czech Republic, not older than 3 months
Affidavit and signature specimen (officially certified signature)

Board member - the EU citizen

Name, surname, birth certificate number, residential address
Abstract from Criminal record of the country of origin, not older than 3 months translated by the legal translator into the Czech language with an Apostille, if required
Affidavit and signature specimen (officially certified signature)

Board member - the non-EU citizen

Name, surname, birth certificate number, residential address
Abstract from Criminal record of the country of origin and from the Criminal record of the Czech Republic, both not older than 3 months, the foreign one translated by the legal translator into the Czech language with an Apostille, if required
Affidavit and signature specimen (officially certified signature)

Supervisory Board

Joint-stock company shall set up the Supervisory Board, which must have at least 1 member. A member of the Supervisory Board of the joint stock company may be any natural person. It is not required to reside in the CR, not even in the case of non-EU citizens. New: Also a legal entity can be a statutory authority of the JSC.

Member of the Supervisory Board - a citizen of the CR

Name, surname, birth certificate number, residential address
Abstract from Criminal record of the Czech Republic, not older than 3 months
Affidavit and signature specimen (officially certified signature)

Member of the Supervisory Board - a citizen of the EU

Name, surname, birth certificate number, residential address
Abstract from Criminal record of the country of origin, not older than 3 months translated by the legal translator into the Czech language with an Apostille, if required
Affidavit and signature specimen (officially certified signature)

Member of the Supervisory Board - non-EU citizens

Name, surname, birth certificate number, residential address
Abstract from Criminal record of the country of origin, not older than 3 months translated by the legal translator into the Czech language with an Apostille, if required
Abstract from Criminal record of the CR, not older than 3 months
Affidavit and signature specimen (officially certified signature)

In the event that either the Board of Directors or the Supervisory Board elects from among themselves a Chairman or a Vice-Chairman, it is necessary to designate a particular member of the respective body and its future role.

It is necessary to choose whether the Board members act on behalf of a company either individually or only jointly.

Registration for VAT

The company is not at the time of sale registered as a payer of value added tax. At your request, we shall file for a voluntary registration for VAT.

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