To open a business account in Czechia you register the business, obtain a company identification number, the IČO, gather identity documents for the owners and signatories, then apply online or in branch. A company is entered in the Commercial Register, the Obchodní rejstřík, while a sole trader registers a trade with the Trade Licensing Office. Online accounts can onboard in a few business days, while traditional banks can take longer, especially for foreign owned companies.
- Core documents
- Commercial Register extract for a company or the trade licence for a sole trader, the IČO and tax registration, plus identity for owners and signatories
- Typical timeline
- Often a few business days for online accounts, and around two to four weeks at traditional banks for company accounts
- Can a non resident open
- Possible where the business is registered in Czechia. Identity checks apply to all owners. Verify with the provider.
- Most providers
- Multiple business accounts
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
The steps to open a business account in Czechia
The process follows a familiar order. Register the business and its tax identifiers, choose an account that fits how you trade, prepare the documents, then complete identity verification. The detail and the timeline differ between online accounts and traditional banks, so confirm the current process with the provider you choose.
Register the business and tax identifiers
A sole trader, in Czech an OSVČ, registers a trade with the Trade Licensing Office, the Živnostenský úřad, and receives a trade licence. A company such as an s.r.o., the limited liability form, is set up by notarial deed and entered in the Commercial Register, the Obchodní rejstřík, then receives an IČO identification number. As of 19 April 2026, proof that the business exists is commonly required to open an account, so complete registration first. An s.r.o. that is still being formed can open a special account to deposit its share capital, which can be as low as 1 CZK, before the Commercial Register entry. Verify the requirements with the provider.
Prepare documents and verify identity
Gather identity for owners and signatories, the Commercial Register extract or trade licence, the IČO and tax registration, and proof of the business address. Banks and fintechs run anti money laundering checks and identify beneficial owners. As of 19 April 2026, online onboarding is usually digital, while traditional Czech banks may ask a signatory to verify identity in person, particularly for foreign owned companies. Confirm the current document list with the provider.
What you usually need to apply
Before you apply for a business account in Czechia, prepare these items, as of 19 April 2026. Verify with the provider
- The Commercial Register extract for a company, or the trade licence for a sole trader, plus the IČO and tax registration.
- Identity documents for owners, beneficial owners, and account signatories.
- Proof of the business address in Czechia and details of how the business operates.
How to open the account
- Register the business and obtain the IČO and tax registration, and complete the share capital deposit for a company where relevant, before you apply.
- Choose an account that matches your transactions, currencies, and team needs.
- Complete the application and identity checks, then confirm the current requirements and timeline with the provider.
Compare business accounts available in Czechia
These providers accept business customers in Czechia and support the Czech koruna alongside other currencies. Fees and eligibility shown as of 19 April 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about business banking in Czechia
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Fees, features, and eligibility change and vary by region. This page was last reviewed on 19 April 2026. Confirm current terms with the provider before applying.