Once all checks have been successfully completed and the account application has been approved, the bank will usually require an initial deposit. This can be done via online transfer or other available means of payment. In order to assess account functionality, let us examine the kind of institution that offers these accounts. Corporate income tax Choosing a Bank: Study the offers of various banks in the Czech Republic and choose the most suitable one for your needs. Take into account the bank’s reputation, its specialisation and terms of service. Importance of compliance with regulatory requirements Investor protection Conclusion Resumes of key executives and employees. What is a Ready-made Company? Companies and other entities that do not fall within the selection above may be exempt from corporate tax and not required to comply with AMLA.