Investor Presentaiton
LIMITED LIABILITY COMPANY (SPOLEČNOST S RUČENÍM
OMEZENÝM - SPOL. S R. O. OR S. R. O.)
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The company must have at least CZK 1 of registered
capital.
The list of shareholders, the amount of each
shareholder's contribution and the names of the
members of the supervisory board (if one is established)
must be recorded in the Commercial Register.
The law allows the creation of different kinds of shares.
Shares to which the same rights and obligations are
attached form one kind of share.
The shares of a shareholder may be represented by
a common share certificate (kmenový list). However,
such a certificate cannot be in the form of a registered
certificate and may not be publicly offered or admitted to
trading on the regulated market.
A supervisory board is not required. Upon their
discretion, shareholders may decide on its
establishment.
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The general meeting appoints an executive/director
(jednatel) or executives/directors, who are legally
responsible for the management of the company and
whose details, including their address, date of birth and
information on their authorisation to act on behalf of the
entity, must be recorded in the Commercial Register.
A limited liability company's financial statements do not
have to be audited unless two or more of the following
criteria have been met for two consecutive years:
Net turnover exceeds CZK 80 million per annum.
• Total assets exceed CZK 40 million.
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The average number of employees exceeds 50.
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Annual financial statements must be published.
Establishment will occur around one month after having
provided all necessary documents and information.
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