{"id":3477,"date":"2021-03-30T22:10:34","date_gmt":"2021-03-30T20:10:34","guid":{"rendered":"https:\/\/zaloztesro.cz\/glossary-of-terms\/"},"modified":"2026-02-26T10:16:50","modified_gmt":"2026-02-26T09:16:50","slug":"glossary-of-terms","status":"publish","type":"page","link":"https:\/\/zaloztesro.cz\/en\/glossary-of-terms\/","title":{"rendered":"Glossary of terms"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Sekce” _builder_version=”4.18.0″ _module_preset=”default” background_color=”#F2F0E8″ custom_margin=”0px||0px||true|false” custom_padding=”||0px||false|false” global_module=”223″ locked=”off” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”5px||5px||true|false” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”13px” global_colors_info=”{}”]<\/p>\n\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||||true|false” custom_padding=”30px||30px||true|false” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” header_text_align=”center” global_colors_info=”{}”]<\/p>\n

Glossary of Terms Related to LLC Formation<\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_font_size=”21px” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

Understand the basic concepts and important terms you should know if you are considering forming a limited liability company.<\/p>\n

You will learn, for example, what LLC actually means, who a notary is and how they can help you, or what a ready-made company or registered capital means.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row module_id=”slovnik-odkazy” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font=”|700|||||||” text_text_color=”#dce5dc” text_font_size=”27px” header_text_align=”center” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

A<\/a> B C<\/a> D<\/a> E<\/a> F<\/a> G H I<\/a> J<\/a> K<\/a> L M N<\/a> O<\/a> P<\/a> R<\/a> S<\/a> T<\/a> U<\/a> V<\/a> Y Z<\/a><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”a” _builder_version=”4.23.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

A<\/h2>\n

Shares<\/a>
Shareholder<\/a>
Joint-stock company<\/a>
Acquisition<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”c” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

C<\/h2>\n

Order instrument<\/a>
Net turnover<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”d” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

D<\/h2>\n

Tax records<\/a>
Tax records vs. accounting<\/a>
Subsidiary<\/a>
Tax ID<\/a>
Fixed assets<\/a>
Supervisory board<\/a>
Cooperative<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”e” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

E<\/h2>\n

Electronic signature<\/a>
Share premium<\/a>
Issue price<\/a>
EORI<\/a>
Register of beneficial owners<\/a>
Register of excluded persons<\/a>
European company<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”f” _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

F<\/h2>\n

Company<\/a>
Franchise<\/a>
Merger<\/a>
Natural person<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”i” _builder_version=”4.23.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

I<\/h2>\n

Company ID<\/a>
Insolvency<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”j” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

J<\/h2>\n

Executive<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”k” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

K<\/h2>\n

Capital companies<\/a>
Limited partnership<\/a>
Commission agent<\/a>
Group<\/a>
Concession<\/a>
Alcohol sales concession<\/a>
Corporation<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”n” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

N<\/h2>\n

Notary<\/a>
Notarial Chamber of the Czech Republic<\/a>
Notarial deed<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”o” _builder_version=”4.23″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

O<\/h2>\n

Civic association<\/a>
Business name<\/a>
Ownership interest<\/a>
Commercial Register<\/a>
Business companies<\/a>
Responsible representative<\/a>
Branch office<\/a>
Offshore company<\/a>
Online company formation<\/a><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”p” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

P<\/h2>\n

Liabilities<\/a>
VAT payer<\/a>
Power of attorney<\/a>
Branch<\/a>
Legal personality<\/a>
Preferred shares<\/a>
Procuration<\/a>
Proxy holder<\/a>
Business premises<\/a>
Object of business<\/a>
Board of Directors<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”r” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

R<\/h2>\n

Ready-made company<\/a>
Registry court<\/a>
Difference between a natural and legal person<\/a>
Per rollam decision-making<\/a>
Balance sheet<\/a>
Liability for obligations<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”s” _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

S<\/h2>\n

Collection of documents of the Commercial Register<\/a>
Registered office<\/a>
Memorandum of association<\/a>
Memorandum of association for LLC formation<\/a>
<\/strong>Limited Liability Company<\/a>
Association<\/a>
SPV company<\/a>
Contribution administrator<\/a>
Stakeholders<\/a>
Statutory director<\/a>
Statutory representative of the company<\/a>
\u0160varc system (disguised employment)<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”t” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

T<\/h2>\n

Tantieme<\/a>
Silent partner<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”u” _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

U<\/h2>\n

Financial statements<\/a>
Closing of accounts<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”v” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

V<\/h2>\n

General meeting<\/a>
General commercial partnership<\/a>
Virtual office<\/a>
Contribution<\/a>
Settlement share<\/a>
Extract from the Commercial Register<\/a>
Incorporation of a business company<\/a>
Formation of a legal person<\/a><\/p>\n

[\/et_pb_text][et_pb_text module_id=”z” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Z<\/h2>\n

Interest groups<\/a>
Deed of foundation<\/a>
Deed of association for LLC formation<\/a>
Registered capital<\/a>
Formation of a business company<\/a>
Turnkey LLC formation<\/a>
Registered association<\/a>
Interim certificate<\/a>
Profit<\/a>
Principal<\/a>
Loss<\/a>
Trade<\/a><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Glossary of Terms Related to LLC FormationUnderstand the basic concepts and important terms you should know if you are considering forming a limited liability company. You will learn, for example, what LLC actually means, who a notary is and how they can help you, or what a ready-made company or registered capital means.A B C […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-3477","page","type-page","status-publish","hentry"],"yoast_head":"\nGlossary of Terms for LLC Formation | Everything You Need to Know - Zalo\u017etesro.cz<\/title>\n<meta name=\"description\" content=\"Understand the basic concepts and important terms you should know if you are considering forming a limited liability company.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zaloztesro.cz\/en\/glossary-of-terms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Glossary of Terms for LLC Formation | Everything You Need to Know - 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