Where to set up your business in Central Europe?
Get an overview of what to expect in each Central European country regarding the most important aspects of doing business. Which aspects are most relevant to you?
Country information
Click for more info
Click for more info
🇵🇱 Poland
🇨🇿 Czechia
Capital city
Budapest
Bratislava
Warsaw
Prague
EU member
since 2004
since 2004
since 2004
since 2004
Schengen member
yes
yes
yes
yes
Population
10 million
5.5 million
38 million
11 million
Area
93,000 km2
35,000 sqmi
49,000 km2
19,000 sqmi
312,000 km2
120,000 sqmi
79,000 km2
30,000 sqmi
Currency
Hungarian Forint (HUF)
Euro (EUR)
Zloty (PLN)
Koruna (CZK)
Got questions?
Click to send us an e-mail.
Company formation
Click for more info
Click for more info
🇵🇱 Poland
🇨🇿 Czechia
Whether you are looking for the fastest incorporation, the lowest minimum share capital, or need an EU VAT number, Central Europe has it all.
LLC
(Limited Liability Company)
Kft
s.r.o.
SP. z.o.o
s.r.o.
Incorporation time
4-5 working days
3-4 weeks
3-4 weeks
2-5 working days
Minimum share capital
EUR 8,000
EUR 5,000
EUR 1,250
EUR 1
Remote incorporation possible?
yes, travel required for company bank account opening
yes
yes
yes
EU VAT number
issued immediately
issued in 30 days
1-2 months
issued in 2 months
Local seat address
required
required
required
required
Local accountant
required
required
required
required
Need help deciding?
Our colleagues are at your disposal.
Corporate tax, dividend tax and VAT differs greatly in Central Europe: one country might benefit you significantly more than the others.
Corporate tax |
9%
19%
15%
7%
19%
15%
VAT (standard)
27%
20%
23%
21%
- If the company’s revenue remains below EUR 50,000, the corporate tax is 15%.
- If the revenue exceeds EUR 2M. the corporate tax is 19%.
- Dividend tax only applies to individuals who are tax residents in the given country. Dividend tax is not deducted in the case of a corporate owner (parent company).